CAP Partners LLC Makes New Investment in Golub Capital BDC, Inc. $GBDC

CAP Partners LLC acquired a new position in Golub Capital BDC, Inc. (NASDAQ:GBDC) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 10,215 shares of the investment management company’s stock, valued at approximately $150,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Strs Ohio purchased a new position in shares of Golub Capital BDC in the 1st quarter valued at approximately $232,864,000. Northeast Financial Consultants Inc lifted its stake in shares of Golub Capital BDC by 60.4% in the 1st quarter. Northeast Financial Consultants Inc now owns 4,120,043 shares of the investment management company’s stock valued at $62,377,000 after purchasing an additional 1,552,223 shares during the period. Sigma Investment Counselors Inc. purchased a new position in shares of Golub Capital BDC in the 1st quarter valued at approximately $10,935,000. Generali Asset Management SPA SGR lifted its stake in shares of Golub Capital BDC by 39.6% in the 2nd quarter. Generali Asset Management SPA SGR now owns 2,512,705 shares of the investment management company’s stock valued at $36,811,000 after purchasing an additional 712,705 shares during the period. Finally, Allen Investment Management LLC lifted its stake in shares of Golub Capital BDC by 11.9% in the 1st quarter. Allen Investment Management LLC now owns 4,135,726 shares of the investment management company’s stock valued at $62,615,000 after purchasing an additional 441,050 shares during the period. Hedge funds and other institutional investors own 42.38% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Golub Capital BDC in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $15.00.

Golub Capital BDC Stock Up 0.8%

Golub Capital BDC stock opened at $14.16 on Friday. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of 9.97 and a beta of 0.48. The stock has a fifty day simple moving average of $14.23 and a two-hundred day simple moving average of $14.53. Golub Capital BDC, Inc. has a 12 month low of $12.68 and a 12 month high of $16.00. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 1.28.

Golub Capital BDC (NASDAQ:GBDC) last issued its quarterly earnings data on Monday, August 4th. The investment management company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.38 by $0.01. The company had revenue of $218.34 million during the quarter, compared to analyst estimates of $215.47 million. Golub Capital BDC had a return on equity of 10.87% and a net margin of 42.81%.During the same quarter in the previous year, the company posted $0.39 earnings per share. Equities analysts predict that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 15th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.0%. Golub Capital BDC’s dividend payout ratio is currently 109.86%.

Golub Capital BDC Company Profile

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.