Magnolia Capital Advisors LLC Has $716,000 Stock Holdings in Golub Capital BDC, Inc. $GBDC

Magnolia Capital Advisors LLC boosted its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 18.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,891 shares of the investment management company’s stock after purchasing an additional 7,688 shares during the quarter. Magnolia Capital Advisors LLC’s holdings in Golub Capital BDC were worth $716,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Quarry LP bought a new position in shares of Golub Capital BDC in the first quarter valued at $34,000. VSM Wealth Advisory LLC lifted its stake in shares of Golub Capital BDC by 102.0% in the first quarter. VSM Wealth Advisory LLC now owns 2,565 shares of the investment management company’s stock valued at $39,000 after buying an additional 1,295 shares in the last quarter. SVB Wealth LLC bought a new position in shares of Golub Capital BDC in the first quarter valued at $50,000. Hexagon Capital Partners LLC lifted its position in shares of Golub Capital BDC by 31.6% during the first quarter. Hexagon Capital Partners LLC now owns 3,613 shares of the investment management company’s stock valued at $55,000 after purchasing an additional 868 shares in the last quarter. Finally, AlphaQuest LLC lifted its position in shares of Golub Capital BDC by 44.7% during the first quarter. AlphaQuest LLC now owns 7,067 shares of the investment management company’s stock valued at $107,000 after purchasing an additional 2,184 shares in the last quarter. 42.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Golub Capital BDC Stock Performance

Shares of GBDC stock opened at $14.12 on Tuesday. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of 9.94 and a beta of 0.47. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.37 and a current ratio of 2.37. Golub Capital BDC, Inc. has a 52 week low of $12.68 and a 52 week high of $16.00. The firm’s 50-day simple moving average is $14.15 and its two-hundred day simple moving average is $14.57.

Golub Capital BDC (NASDAQ:GBDC) last announced 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 business had revenue of $218.34 million for the quarter, compared to analyst estimates of $215.47 million. Golub Capital BDC had a net margin of 42.81% and a return on equity of 10.87%. During the same quarter in the previous year, the firm posted $0.39 earnings per share. As a group, equities analysts forecast that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC 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.