LSV Asset Management Has $17.92 Million Stake in Golub Capital BDC, Inc. $GBDC

LSV Asset Management cut its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 1.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,223,018 shares of the investment management company’s stock after selling 13,200 shares during the quarter. LSV Asset Management owned approximately 0.46% of Golub Capital BDC worth $17,917,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Allworth Financial LP lifted its stake in shares of Golub Capital BDC by 116.8% in the second quarter. Allworth Financial LP now owns 2,192 shares of the investment management company’s stock worth $32,000 after acquiring an additional 1,181 shares during the period. Quarry LP acquired a new position in shares of Golub Capital BDC in the 1st quarter worth approximately $34,000. First Horizon Advisors Inc. bought a new stake in shares of Golub Capital BDC in the 2nd quarter valued at $41,000. MTM Investment Management LLC bought a new stake in shares of Golub Capital BDC in the 2nd quarter valued at $41,000. Finally, SVB Wealth LLC acquired a new stake in shares of Golub Capital BDC during the first quarter worth $50,000. Institutional investors and hedge funds own 42.38% of the company’s stock.

Golub Capital BDC Trading Down 0.2%

GBDC opened at $13.52 on Thursday. Golub Capital BDC, Inc. has a 1-year low of $12.68 and a 1-year high of $16.00. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 1.28. The company has a market cap of $3.60 billion, a P/E ratio of 9.52 and a beta of 0.47. The company has a fifty day moving average price of $13.93 and a two-hundred day moving average price of $14.54.

Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings data on Tuesday, November 18th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.39. The company had revenue of $217.84 million for the quarter, compared to analysts’ expectations of $220.54 million. Golub Capital BDC had a net margin of 43.25% and a return on equity of 10.37%. The business’s revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.36 EPS. Analysts predict that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Friday, December 12th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.5%. The ex-dividend date of this dividend is Friday, December 12th. Golub Capital BDC’s dividend payout ratio is presently 109.86%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Golub Capital BDC in a report on Thursday, November 13th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $15.00.

Golub Capital BDC 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.