Golub Capital BDC Inc (GBDC) Shares Sold by Neville Rodie & Shaw Inc.

Neville Rodie & Shaw Inc. decreased its position in Golub Capital BDC Inc (NASDAQ:GBDC) by 1.0% during the first quarter, Holdings Channel reports. The firm owned 353,179 shares of the investment management company’s stock after selling 3,597 shares during the period. Neville Rodie & Shaw Inc.’s holdings in Golub Capital BDC were worth $7,022,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GBDC. Sumitomo Mitsui Asset Management Company LTD boosted its position in Golub Capital BDC by 23.8% in the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 47,582 shares of the investment management company’s stock worth $883,000 after buying an additional 9,145 shares during the period. Advisors Asset Management Inc. boosted its position in Golub Capital BDC by 29.8% in the third quarter. Advisors Asset Management Inc. now owns 265,566 shares of the investment management company’s stock worth $4,932,000 after buying an additional 60,897 shares during the period. Stratos Wealth Partners LTD. boosted its position in Golub Capital BDC by 89.5% in the third quarter. Stratos Wealth Partners LTD. now owns 79,240 shares of the investment management company’s stock worth $1,471,000 after buying an additional 37,420 shares during the period. Homrich & Berg boosted its position in Golub Capital BDC by 1.0% in the third quarter. Homrich & Berg now owns 183,388 shares of the investment management company’s stock worth $3,406,000 after buying an additional 1,827 shares during the period. Finally, UBS Asset Management Americas Inc. boosted its position in Golub Capital BDC by 3.1% in the third quarter. UBS Asset Management Americas Inc. now owns 58,420 shares of the investment management company’s stock worth $1,085,000 after buying an additional 1,759 shares during the period. Institutional investors own 43.37% of the company’s stock.

Institutional Ownership by Quarter for Golub Capital BDC (NASDAQ:GBDC)

Shares of Golub Capital BDC Inc (NASDAQ:GBDC) traded down 0.34% during mid-day trading on Friday, hitting $20.26. The stock had a trading volume of 280,030 shares. The stock has a market cap of $1.16 billion, a P/E ratio of 14.75 and a beta of 0.66. Golub Capital BDC Inc has a 12-month low of $16.92 and a 12-month high of $20.50. The company’s 50 day moving average price is $20.13 and its 200 day moving average price is $19.02.

Golub Capital BDC (NASDAQ:GBDC) last announced its quarterly earnings data on Thursday, May 4th. The investment management company reported $0.32 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.32. Golub Capital BDC had a net margin of 51.48% and a return on equity of 7.91%. The company had revenue of $33.56 million during the quarter, compared to analysts’ expectations of $35.66 million. During the same period in the previous year, the company earned $0.33 EPS. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. Equities research analysts predict that Golub Capital BDC Inc will post $1.27 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 29th. Investors of record on Tuesday, June 6th will be given a dividend of $0.32 per share. The ex-dividend date is Friday, June 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 6.30%. Golub Capital BDC’s dividend payout ratio (DPR) is 100.79%.

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A number of research analysts have commented on GBDC shares. Raymond James Financial, Inc. restated a “market perform” rating on shares of Golub Capital BDC in a research note on Friday, February 10th. They noted that the move was a valuation call. Zacks Investment Research cut Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Friday, February 10th. National Securities restated a “neutral” rating and set a $18.00 price target on shares of Golub Capital BDC in a research note on Monday, February 13th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $19.00 price target on shares of Golub Capital BDC in a research note on Tuesday, March 21st. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $19.50.

About Golub Capital BDC

Golub Capital BDC, Inc is an externally managed, non-diversified, closed-end, management investment company. The Company’s investment objective is to generate current income and capital appreciation by investing primarily in senior secured and one stop loans of the United States middle-market companies.

12 Month Chart for NASDAQ:GBDC

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