Serenus Wealth Advisors LLC Acquires New Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Serenus Wealth Advisors LLC bought a new position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 17,068 shares of the investment management company’s stock, valued at approximately $259,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Hexagon Capital Partners LLC lifted its holdings in shares of Golub Capital BDC by 171.5% during the third quarter. Hexagon Capital Partners LLC now owns 2,145 shares of the investment management company’s stock worth $32,000 after purchasing an additional 1,355 shares during the period. Allworth Financial LP lifted its holdings in Golub Capital BDC by 135.6% during the 3rd quarter. Allworth Financial LP now owns 2,340 shares of the investment management company’s stock worth $35,000 after buying an additional 1,347 shares during the period. Blue Trust Inc. grew its position in shares of Golub Capital BDC by 413.1% in the 4th 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 last quarter. Cary Street Partners Asset Management LLC bought a new stake in shares of Golub Capital BDC in the 3rd quarter valued at about $151,000. Finally, Cornerstone Wealth Management LLC acquired a new stake in shares of Golub Capital BDC in the fourth quarter valued at about $160,000. 42.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

GBDC has been the topic of several analyst reports. StockNews.com upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Friday, November 29th. Wells Fargo & Company reduced their price objective on shares of 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 issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $16.38.

Golub Capital BDC Trading Up 0.8 %

Shares of GBDC stock opened at $15.55 on Friday. Golub Capital BDC, Inc. has a fifty-two week low of $14.05 and a fifty-two week high of $17.72. The company has a debt-to-equity ratio of 1.22, a quick ratio of 4.73 and a current ratio of 2.94. The stock has a 50 day simple moving average of $15.29 and a two-hundred day simple moving average of $15.16. The company has a market cap of $4.13 billion, a P/E ratio of 11.27 and a beta of 0.54.

Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings data on Tuesday, February 4th. The investment management company reported $0.39 earnings per share 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%. Research analysts forecast that Golub Capital BDC, Inc. will post 1.62 earnings per share for the current year.

Golub Capital BDC Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.03%. Golub Capital BDC’s dividend payout ratio (DPR) is presently 113.04%.

Golub Capital BDC 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.