11,817 Shares in Golub Capital BDC, Inc. (NASDAQ:GBDC) Acquired by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. acquired a new stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,817 shares of the investment management company’s stock, valued at approximately $179,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barclays PLC lifted its stake in shares of Golub Capital BDC by 45.5% in the 3rd quarter. Barclays PLC now owns 190,132 shares of the investment management company’s stock valued at $2,873,000 after purchasing an additional 59,443 shares during the period. Eagle Bay Advisors LLC increased its holdings in Golub Capital BDC by 82.1% in the fourth quarter. Eagle Bay Advisors LLC now owns 183,602 shares of the investment management company’s stock valued at $2,783,000 after purchasing an additional 82,787 shares during the last quarter. BBR Partners LLC acquired a new position in Golub Capital BDC in the third quarter valued at about $655,000. Janney Montgomery Scott LLC boosted its holdings in Golub Capital BDC by 30.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 115,058 shares of the investment management company’s stock worth $1,744,000 after buying an additional 26,764 shares during the last quarter. Finally, Wealthspire Advisors LLC acquired a new position in shares of Golub Capital BDC during the 4th quarter worth about $296,000. 42.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Golub Capital BDC presently has an average rating of “Hold” and an average price target of $16.17.

Golub Capital BDC Price Performance

GBDC opened at $15.37 on Friday. The stock has a market cap of $4.08 billion, a P/E ratio of 11.14 and a beta of 0.50. Golub Capital BDC, Inc. has a 12 month low of $14.05 and a 12 month high of $17.72. The company has a quick ratio of 2.94, a current ratio of 2.94 and a debt-to-equity ratio of 1.22. The company has a fifty day simple moving average of $15.40 and a 200 day simple moving average of $15.26.

Golub Capital BDC (NASDAQ:GBDC) last posted its earnings results on Tuesday, February 4th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.04). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. On average, research analysts expect that Golub Capital BDC, Inc. will post 1.6 EPS for the current year.

Golub Capital BDC Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.39 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.56 annualized dividend and a yield of 10.15%. Golub Capital BDC’s dividend payout ratio (DPR) is currently 113.04%.

About Golub Capital BDC

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.