Moors & Cabot Inc. Has $564,000 Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Moors & Cabot Inc. trimmed its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,225 shares of the investment management company’s stock after selling 918 shares during the period. Moors & Cabot Inc.’s holdings in Golub Capital BDC were worth $564,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of GBDC. Blue Trust Inc. increased its stake in shares of Golub Capital BDC by 413.1% in the fourth quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company’s stock valued at $36,000 after buying an additional 1,921 shares during the period. Parkside Financial Bank & Trust increased its position in Golub Capital BDC by 36.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company’s stock valued at $47,000 after purchasing an additional 827 shares during the period. Cornerstone Wealth Management LLC bought a new position in Golub Capital BDC during the 4th quarter worth approximately $160,000. Oppenheimer & Co. Inc. acquired a new position in shares of Golub Capital BDC in the 3rd quarter worth approximately $162,000. Finally, Empowered Funds LLC bought a new stake in shares of Golub Capital BDC in the 4th quarter valued at $173,000. 42.38% of the stock is owned by institutional investors.

Golub Capital BDC Trading Up 1.5 %

NASDAQ:GBDC opened at $14.67 on Friday. Golub Capital BDC, Inc. has a 12 month low of $14.05 and a 12 month high of $17.72. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $3.89 billion, a price-to-earnings ratio of 10.63 and a beta of 0.50. The firm has a fifty day simple moving average of $15.41 and a two-hundred day simple moving average of $15.25.

Golub Capital BDC (NASDAQ:GBDC) last issued its earnings results on Tuesday, February 4th. The investment management company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.04). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. Analysts expect that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.63%. The ex-dividend date of this dividend is Monday, March 3rd. Golub Capital BDC’s payout ratio is 113.04%.

Analyst Upgrades and Downgrades

GBDC has been the subject of a number of analyst reports. StockNews.com raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Monday, March 10th. Wells Fargo & Company dropped their price objective on Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Golub Capital BDC currently has an average rating of “Moderate Buy” and a consensus target price of $16.38.

Golub Capital BDC Company Profile

Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.