Ethos Financial Group LLC Acquires 4,723 Shares of Golub Capital BDC, Inc. $GBDC

Ethos Financial Group LLC raised its holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 17.9% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,071 shares of the investment management company’s stock after acquiring an additional 4,723 shares during the quarter. Ethos Financial Group LLC’s holdings in Golub Capital BDC were worth $455,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Strs Ohio purchased a new stake in shares of Golub Capital BDC during the first quarter valued at $232,864,000. Northeast Financial Consultants Inc lifted its holdings in Golub Capital BDC by 60.4% during the 1st quarter. Northeast Financial Consultants Inc now owns 4,120,043 shares of the investment management company’s stock valued at $62,377,000 after buying an additional 1,552,223 shares in the last quarter. Generali Asset Management SPA SGR boosted its position in Golub Capital BDC by 39.6% in the 2nd quarter. Generali Asset Management SPA SGR now owns 2,512,705 shares of the investment management company’s stock valued at $36,811,000 after buying an additional 712,705 shares during the period. Bank of Montreal Can grew its stake in Golub Capital BDC by 211.9% in the 2nd quarter. Bank of Montreal Can now owns 726,187 shares of the investment management company’s stock worth $10,639,000 after acquiring an additional 493,325 shares in the last quarter. Finally, Allen Investment Management LLC grew its stake in Golub Capital BDC by 11.9% in the 1st quarter. Allen Investment Management LLC now owns 4,135,726 shares of the investment management company’s stock worth $62,615,000 after acquiring an additional 441,050 shares in the last quarter. Hedge funds and other institutional investors own 42.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of Golub Capital BDC in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $15.00.

Golub Capital BDC Trading Up 0.8%

NASDAQ GBDC opened at $13.88 on Friday. Golub Capital BDC, Inc. has a one year low of $12.68 and a one year high of $16.00. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.37 and a current ratio of 2.37. The company has a market capitalization of $3.70 billion, a price-to-earnings ratio of 9.77 and a beta of 0.47. The company’s 50-day simple moving average is $14.08 and its two-hundred day simple moving average is $14.56.

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.