LSV Asset Management Sells 13,200 Shares of Golub Capital BDC, Inc. $GBDC

LSV Asset Management lowered its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 1.1% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,223,018 shares of the investment management company’s stock after selling 13,200 shares during the period. LSV Asset Management’s holdings in Golub Capital BDC were worth $17,917,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of New York Mellon Corp raised its position in Golub Capital BDC by 29.7% in the 1st quarter. Bank of New York Mellon Corp now owns 148,775 shares of the investment management company’s stock valued at $2,252,000 after buying an additional 34,105 shares during the last quarter. Private Advisor Group LLC boosted its holdings in Golub Capital BDC by 23.2% during the 1st quarter. Private Advisor Group LLC now owns 40,213 shares of the investment management company’s stock worth $609,000 after acquiring an additional 7,576 shares during the last quarter. Triumph Capital Management grew its stake in shares of Golub Capital BDC by 5.1% in the 1st quarter. Triumph Capital Management now owns 51,003 shares of the investment management company’s stock worth $772,000 after acquiring an additional 2,481 shares in the last quarter. Wedbush Securities Inc. grew its position in Golub Capital BDC by 3.6% in the 1st quarter. Wedbush Securities Inc. now owns 42,881 shares of the investment management company’s stock worth $649,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Advisor OS LLC increased its stake in Golub Capital BDC by 2.3% in the 1st quarter. Advisor OS LLC now owns 193,220 shares of the investment management company’s stock valued at $2,925,000 after buying an additional 4,417 shares during the last quarter. 42.38% of the stock is owned by hedge funds and other 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 Thursday, November 13th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $15.00.

Golub Capital BDC Trading Down 0.2%

Shares of GBDC stock opened at $13.52 on Thursday. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 1.28. The firm has a market cap of $3.60 billion, a P/E ratio of 9.52 and a beta of 0.47. The company has a 50 day moving average of $13.93 and a 200-day moving average of $14.54. Golub Capital BDC, Inc. has a 12-month low of $12.68 and a 12-month high of $16.00.

Golub Capital BDC (NASDAQ:GBDC) last announced its quarterly earnings data on Tuesday, November 18th. The investment management company reported $0.39 earnings per share for the quarter, meeting the consensus estimate of $0.39. Golub Capital BDC had a return on equity of 10.37% and a net margin of 43.25%.The business had revenue of $217.84 million during the quarter, compared to analyst estimates of $220.54 million. During the same period in the prior year, the company earned $0.36 earnings per share. Golub Capital BDC’s revenue was down .2% compared to the same quarter last year. Sell-side analysts anticipate that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 12th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 11.5%. The ex-dividend date is Friday, December 12th. Golub Capital BDC’s dividend payout ratio (DPR) is currently 109.86%.

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.