Waterloo Capital L.P. Buys 7,801 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC)

Waterloo Capital L.P. lifted its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 6.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 120,392 shares of the investment management company’s stock after buying an additional 7,801 shares during the quarter. Waterloo Capital L.P.’s holdings in Golub Capital BDC were worth $1,825,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GBDC. Quadrant Capital Group LLC boosted its holdings in shares of Golub Capital BDC by 2,677.8% during the 4th quarter. Quadrant Capital Group LLC now owns 33,195 shares of the investment management company’s stock valued at $503,000 after purchasing an additional 32,000 shares during the last quarter. Hurley Capital LLC bought a new position in Golub Capital BDC during the fourth quarter valued at approximately $50,000. Envestnet Asset Management Inc. grew its holdings in Golub Capital BDC by 11.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 372,363 shares of the investment management company’s stock valued at $5,645,000 after buying an additional 36,776 shares in the last quarter. ExodusPoint Capital Management LP bought a new stake in Golub Capital BDC in the 4th quarter worth approximately $1,225,000. Finally, OneAscent Financial Services LLC purchased a new stake in shares of Golub Capital BDC during the 4th quarter worth approximately $6,075,000. Institutional investors own 42.38% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Thursday, March 27th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Golub Capital BDC currently has a consensus rating of “Hold” and a consensus price target of $16.17.

Golub Capital BDC Stock Down 6.3 %

Shares of GBDC opened at $13.89 on Monday. The company has a quick ratio of 2.94, a current ratio of 2.94 and a debt-to-equity ratio of 1.22. Golub Capital BDC, Inc. has a 52-week low of $13.59 and a 52-week high of $17.72. The company has a market cap of $3.69 billion, a PE ratio of 10.07 and a beta of 0.33. The business has a fifty day moving average of $15.34 and a 200 day moving average of $15.27.

Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates 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, sell-side analysts expect that Golub Capital BDC, Inc. will post 1.6 EPS for the current year.

Golub Capital BDC Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 3rd were given a dividend of $0.39 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.56 annualized dividend and a dividend yield of 11.23%. Golub Capital BDC’s dividend payout ratio (DPR) is 113.04%.

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.