Barings Llc Acquires 71,700 Shares of Barings BDC Inc (BBDC) Stock

Barings BDC Inc (NASDAQ:BBDC) insider Barings Llc purchased 71,700 shares of the stock in a transaction on Friday, October 12th. The stock was acquired at an average cost of $10.09 per share, with a total value of $723,453.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Barings Llc also recently made the following trade(s):

  • On Wednesday, October 10th, Barings Llc purchased 71,700 shares of Barings BDC stock. The stock was acquired at an average cost of $10.12 per share, with a total value of $725,604.00.
  • On Monday, October 8th, Barings Llc purchased 61,900 shares of Barings BDC stock. The stock was acquired at an average cost of $10.17 per share, with a total value of $629,523.00.
  • On Monday, October 1st, Barings Llc acquired 79,200 shares of Barings BDC stock. The shares were purchased at an average cost of $10.08 per share, with a total value of $798,336.00.
  • On Friday, September 28th, Barings Llc acquired 75,079 shares of Barings BDC stock. The shares were purchased at an average cost of $10.02 per share, with a total value of $752,291.58.

Shares of NASDAQ:BBDC remained flat at $$10.02 during midday trading on Friday. 338,285 shares of the stock traded hands, compared to its average volume of 422,596. Barings BDC Inc has a 52-week low of $8.91 and a 52-week high of $13.97.

Barings BDC (NASDAQ:BBDC) last issued its quarterly earnings data on Friday, August 10th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.07).

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 21st. Stockholders of record on Friday, December 14th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 3.99%. This is an increase from Barings BDC’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend is Thursday, December 13th.

Several equities analysts have recently commented on the stock. Raymond James raised shares of Barings BDC from an “underperform” rating to an “outperform” rating in a research note on Tuesday, September 11th. Zacks Investment Research downgraded shares of Barings BDC from a “hold” rating to a “sell” rating in a research note on Wednesday, September 12th.

An institutional investor recently bought a new position in Barings BDC stock. DAVENPORT & Co LLC acquired a new stake in shares of Barings BDC Inc (NASDAQ:BBDC) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,383 shares of the company’s stock, valued at approximately $234,000.

Barings BDC Company Profile

Triangle Capital Corp. engages in the provision of customized financing primarily to lower middle market companies. Its investment objective is to seek returns by generating current income from our debt investments, and capital appreciation from our equity-related investments. Its portfolio includes Aden and Anais, AGM Automotive, All Metals, American Silk, Avantor Performance Materials, and others.

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Insider Buying and Selling by Quarter for Barings BDC (NASDAQ:BBDC)

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