15,305 Shares in Barings BDC, Inc. (NYSE:BBDC) Acquired by De Lisle Partners LLP

De Lisle Partners LLP purchased a new position in Barings BDC, Inc. (NYSE:BBDC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,305 shares of the company’s stock, valued at approximately $150,000.

Other institutional investors have also recently made changes to their positions in the company. nVerses Capital LLC increased its holdings in shares of Barings BDC by 50.0% in the 3rd quarter. nVerses Capital LLC now owns 3,300 shares of the company’s stock worth $32,000 after buying an additional 1,100 shares during the last quarter. Asset Dedication LLC bought a new position in shares of Barings BDC in the 2nd quarter worth $36,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Barings BDC in the 2nd quarter worth $86,000. Advisory Alpha LLC bought a new position in shares of Barings BDC in the 2nd quarter worth $99,000. Finally, Centaurus Financial Inc. bought a new position in shares of Barings BDC during the 3rd quarter valued at $99,000. Institutional investors own 44.09% of the company’s stock.

Barings BDC Price Performance

BBDC stock opened at $10.25 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.11 and a current ratio of 0.11. Barings BDC, Inc. has a 52 week low of $8.55 and a 52 week high of $10.30. The firm’s fifty day moving average is $9.83 and its 200 day moving average is $9.87. The firm has a market cap of $1.08 billion, a P/E ratio of 9.49 and a beta of 0.67.

Barings BDC (NYSE:BBDC) last released its earnings results on Wednesday, November 6th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.01). Barings BDC had a net margin of 39.59% and a return on equity of 11.24%. The business had revenue of $70.85 million for the quarter, compared to the consensus estimate of $70.48 million. During the same period in the prior year, the business posted $0.31 EPS. Research analysts predict that Barings BDC, Inc. will post 1.24 earnings per share for the current year.

Barings BDC Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 11th. Investors of record on Wednesday, December 4th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 10.15%. The ex-dividend date is Wednesday, December 4th. Barings BDC’s dividend payout ratio is currently 96.30%.

Barings BDC Profile

Barings BDC, Inc is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.