Golub Capital BDC, Inc. (NASDAQ:GBDC) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) have been assigned an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $16.40.

GBDC has been the subject of a number of recent research reports. StockNews.com raised Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Friday, November 29th. Wells Fargo & Company lowered their target price on Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a research note on Thursday, November 21st.

Golub Capital BDC Trading Up 0.5 %

NASDAQ GBDC opened at $15.40 on Friday. Golub Capital BDC has a 1-year low of $14.05 and a 1-year high of $17.72. The company has a current ratio of 4.73, a quick ratio of 4.73 and a debt-to-equity ratio of 1.15. The stock has a 50-day moving average of $15.25 and a 200-day moving average of $15.18. The firm has a market cap of $4.07 billion, a PE ratio of 10.92 and a beta of 0.53.

Golub Capital BDC Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 9th were given a $0.39 dividend. The ex-dividend date was Monday, December 9th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.13%. Golub Capital BDC’s dividend payout ratio is currently 110.64%.

Institutional Trading of Golub Capital BDC

Hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC lifted its position in Golub Capital BDC by 30.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 115,058 shares of the investment management company’s stock valued at $1,744,000 after acquiring an additional 26,764 shares in the last quarter. Kelleher Financial Advisors lifted its position in Golub Capital BDC by 130.4% in the 4th quarter. Kelleher Financial Advisors now owns 23,052 shares of the investment management company’s stock valued at $349,000 after acquiring an additional 13,048 shares in the last quarter. Simon Quick Advisors LLC lifted its position in Golub Capital BDC by 6.1% in the 4th quarter. Simon Quick Advisors LLC now owns 82,059 shares of the investment management company’s stock valued at $1,244,000 after acquiring an additional 4,684 shares in the last quarter. Amplius Wealth Advisors LLC lifted its position in Golub Capital BDC by 4.2% in the 4th quarter. Amplius Wealth Advisors LLC now owns 50,231 shares of the investment management company’s stock valued at $761,000 after acquiring an additional 2,007 shares in the last quarter. Finally, Mandatum Life Insurance Co Ltd lifted its position in Golub Capital BDC by 5.1% in the 4th quarter. Mandatum Life Insurance Co Ltd now owns 40,816 shares of the investment management company’s stock valued at $619,000 after acquiring an additional 1,997 shares in the last quarter. 42.38% of the stock is owned by institutional investors.

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.