Bfsg LLC Has $190,000 Holdings in Barings BDC, Inc. (NYSE:BBDC)

Bfsg LLC lessened its position in Barings BDC, Inc. (NYSE:BBDC) by 5.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 19,880 shares of the company’s stock after selling 1,130 shares during the period. Bfsg LLC’s holdings in Barings BDC were worth $190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in Barings BDC by 393.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,582 shares of the company’s stock worth $25,000 after acquiring an additional 2,059 shares during the period. Nomura Asset Management Co. Ltd. bought a new position in Barings BDC in the 3rd quarter worth $26,000. nVerses Capital LLC raised its holdings in Barings BDC by 50.0% in the 3rd quarter. nVerses Capital LLC now owns 3,300 shares of the company’s stock worth $32,000 after acquiring an additional 1,100 shares during the period. Entropy Technologies LP bought a new position in Barings BDC in the 4th quarter worth $98,000. Finally, Centaurus Financial Inc. bought a new position in shares of Barings BDC during the 3rd quarter worth about $99,000. Institutional investors own 44.09% of the company’s stock.

Barings BDC Stock Performance

NYSE:BBDC opened at $10.35 on Wednesday. The firm’s 50-day moving average is $9.75 and its 200-day moving average is $9.82. Barings BDC, Inc. has a 52-week low of $8.96 and a 52-week high of $10.40. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.11 and a current ratio of 0.11. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 9.58 and a beta of 0.69.

Insider Transactions at Barings BDC

In other news, insider Michael James O’connor sold 29,424 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $9.70, for a total transaction of $285,412.80. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Stephen R. Byers acquired 8,485 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were bought at an average price of $9.73 per share, for a total transaction of $82,559.05. Following the acquisition, the director now owns 50,001 shares in the company, valued at approximately $486,509.73. This trade represents a 20.44 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 14,048 shares of company stock worth $136,772. 0.45% of the stock is currently owned by company insiders.

About Barings BDC

Barings BDC, Inc is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.