GSA Capital Partners LLP Acquires 38,283 Shares of Golub Capital BDC Inc (GBDC)

GSA Capital Partners LLP grew its holdings in shares of Golub Capital BDC Inc (NASDAQ:GBDC) by 103.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,313 shares of the investment management company’s stock after purchasing an additional 38,283 shares during the quarter. GSA Capital Partners LLP’s holdings in Golub Capital BDC were worth $1,412,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Wells Fargo & Company MN raised its holdings in shares of Golub Capital BDC by 6.8% during the 2nd quarter. Wells Fargo & Company MN now owns 1,754,220 shares of the investment management company’s stock valued at $32,103,000 after purchasing an additional 112,260 shares in the last quarter. Schroder Investment Management Group raised its holdings in shares of Golub Capital BDC by 1.6% during the 3rd quarter. Schroder Investment Management Group now owns 1,123,737 shares of the investment management company’s stock valued at $21,070,000 after purchasing an additional 17,213 shares in the last quarter. Frontier Investment Mgmt Co. raised its holdings in shares of Golub Capital BDC by 20.4% during the 3rd quarter. Frontier Investment Mgmt Co. now owns 1,049,506 shares of the investment management company’s stock valued at $19,678,000 after purchasing an additional 178,075 shares in the last quarter. Sound Income Strategies LLC raised its holdings in shares of Golub Capital BDC by 17.7% during the 3rd quarter. Sound Income Strategies LLC now owns 571,949 shares of the investment management company’s stock valued at $10,724,000 after purchasing an additional 86,177 shares in the last quarter. Finally, Van ECK Associates Corp raised its holdings in shares of Golub Capital BDC by 2.1% during the 2nd quarter. Van ECK Associates Corp now owns 449,823 shares of the investment management company’s stock valued at $8,232,000 after purchasing an additional 9,126 shares in the last quarter. Institutional investors and hedge funds own 36.68% of the company’s stock.

A number of research firms have recently weighed in on GBDC. BidaskClub downgraded shares of Golub Capital BDC from a “buy” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research upgraded shares of Golub Capital BDC from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a report on Monday, December 3rd. Finally, National Securities lifted their target price on shares of Golub Capital BDC from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, November 30th.

Shares of GBDC opened at $18.42 on Friday. The firm has a market capitalization of $1.09 billion, a P/E ratio of 14.29, a PEG ratio of 6.97 and a beta of 0.55. Golub Capital BDC Inc has a one year low of $17.35 and a one year high of $19.89. The company has a current ratio of 2.19, a quick ratio of 2.19 and a debt-to-equity ratio of 0.87.

Golub Capital BDC (NASDAQ:GBDC) last announced its earnings results on Wednesday, November 28th. The investment management company reported $0.32 EPS for the quarter, hitting the consensus estimate of $0.32. The firm had revenue of $40.40 million for the quarter, compared to the consensus estimate of $38.74 million. Golub Capital BDC had a net margin of 53.87% and a return on equity of 8.02%. The business’s quarterly revenue was up 15.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.32 EPS. On average, research analysts expect that Golub Capital BDC Inc will post 1.3 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Wednesday, December 12th will be issued a $0.32 dividend. The ex-dividend date is Tuesday, December 11th. This represents a $1.28 annualized dividend and a yield of 6.95%. Golub Capital BDC’s dividend payout ratio (DPR) is presently 99.22%.

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About Golub Capital BDC

Golub Capital BDC, Inc 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. The company seeks to invest in the United States.

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Institutional Ownership by Quarter for Golub Capital BDC (NASDAQ:GBDC)

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