StockNews.com Downgrades Golub Capital BDC (NASDAQ:GBDC) to Sell

Golub Capital BDC (NASDAQ:GBDC) was downgraded by equities research analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Thursday.

Golub Capital BDC Stock Performance

Shares of GBDC opened at $15.25 on Thursday. Golub Capital BDC has a one year low of $14.05 and a one year high of $17.72. The company has a 50-day moving average of $15.40 and a two-hundred day moving average of $15.27. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 2.94. The stock has a market cap of $4.05 billion, a price-to-earnings ratio of 11.05 and a beta of 0.50.

Golub Capital BDC (NASDAQ:GBDC) last posted 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 return on equity of 11.18% and a net margin of 39.63%. On average, equities research analysts expect that Golub Capital BDC will post 1.6 earnings per share for the current year.

Institutional Investors Weigh In On Golub Capital BDC

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Optiver Holding B.V. lifted its holdings in shares of Golub Capital BDC by 28.7% during the 4th quarter. Optiver Holding B.V. now owns 3,087 shares of the investment management company’s stock valued at $47,000 after buying an additional 688 shares during the last quarter. Signaturefd LLC grew its position in Golub Capital BDC by 0.7% in the fourth quarter. Signaturefd LLC now owns 106,746 shares of the investment management company’s stock worth $1,618,000 after acquiring an additional 704 shares in the last quarter. Sanctuary Advisors LLC grew its position in Golub Capital BDC by 1.1% in the third quarter. Sanctuary Advisors LLC now owns 71,988 shares of the investment management company’s stock worth $1,101,000 after acquiring an additional 769 shares in the last quarter. Snowden Capital Advisors LLC increased its stake in shares of Golub Capital BDC by 0.4% during the 4th quarter. Snowden Capital Advisors LLC now owns 187,252 shares of the investment management company’s stock worth $2,839,000 after purchasing an additional 814 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its stake in shares of 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 worth $47,000 after purchasing an additional 827 shares during the last quarter. 42.38% of the stock is owned by hedge funds and other institutional investors.

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.