Fieldview Capital Management LLC Purchases New Holdings in Golub Capital BDC, Inc. $GBDC

Fieldview Capital Management LLC purchased a new stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDCFree Report) in the 4th quarter, Holdings Channel reports. The fund purchased 59,496 shares of the investment management company’s stock, valued at approximately $807,000.

Several other large investors have also recently bought and sold shares of GBDC. Royal Bank of Canada boosted its position in Golub Capital BDC by 41.4% during the first quarter. Royal Bank of Canada now owns 131,544 shares of the investment management company’s stock valued at $1,991,000 after purchasing an additional 38,534 shares during the last quarter. NewEdge Advisors LLC boosted its position in Golub Capital BDC by 19.7% during the first quarter. NewEdge Advisors LLC now owns 43,534 shares of the investment management company’s stock valued at $659,000 after purchasing an additional 7,178 shares during the last quarter. Empowered Funds LLC boosted its position in Golub Capital BDC by 140.0% during the first quarter. Empowered Funds LLC now owns 27,411 shares of the investment management company’s stock valued at $415,000 after purchasing an additional 15,988 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in Golub Capital BDC during the first quarter valued at approximately $6,491,000. Finally, Focus Partners Wealth boosted its position in Golub Capital BDC by 24.9% during the first quarter. Focus Partners Wealth now owns 33,355 shares of the investment management company’s stock valued at $505,000 after purchasing an additional 6,658 shares during the last quarter. 42.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently commented on GBDC. Zacks Research cut Golub Capital BDC from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Golub Capital BDC in a research report on Friday, March 27th. Royal Bank Of Canada cut their price objective on Golub Capital BDC from $15.00 to $14.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Wall Street Zen cut Golub Capital BDC from a “hold” rating to a “sell” rating in a research report on Sunday, April 19th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $14.00 price objective on shares of Golub Capital BDC in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Golub Capital BDC presently has an average rating of “Moderate Buy” and a consensus price target of $14.00.

Get Our Latest Analysis on Golub Capital BDC

Golub Capital BDC Stock Down 4.3%

Golub Capital BDC stock opened at $12.72 on Tuesday. The stock has a market cap of $3.31 billion, a P/E ratio of 16.52 and a beta of 0.39. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 1.25. Golub Capital BDC, Inc. has a twelve month low of $11.77 and a twelve month high of $15.63. The company’s 50-day moving average price is $13.11 and its two-hundred day moving average price is $13.12.

Golub Capital BDC (NASDAQ:GBDCGet Free Report) last issued its quarterly earnings data on Monday, May 4th. The investment management company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.02). The company had revenue of ($5.28) million for the quarter, compared to analyst estimates of $201.71 million. Golub Capital BDC had a return on equity of 10.20% and a net margin of 24.64%.During the same quarter last year, the business earned $0.30 earnings per share. As a group, analysts expect that Golub Capital BDC, Inc. will post 1.36 EPS for the current year.

Golub Capital BDC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 15th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 10.4%. The ex-dividend date of this dividend is Monday, June 15th. Golub Capital BDC’s dividend payout ratio (DPR) is presently 171.43%.

Golub Capital BDC Company Profile

(Free Report)

Golub Capital BDC (NASDAQ: GBDC) is a publicly traded business development company specializing in providing debt and equity financing solutions to middle-market companies in the United States. Externally managed by Golub Capital LLC, the firm focuses on building a diversified portfolio of senior secured loans, unitranche facilities and second-lien debt instruments designed to support growth, acquisitions and recapitalizations. As a closed-end investment vehicle, GBDC offers investors direct exposure to private credit strategies within a regulated structure.

The company’s core business activities center on originating and managing bespoke financing arrangements for U.S.

See Also

Want to see what other hedge funds are holding GBDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Golub Capital BDC, Inc. (NASDAQ:GBDCFree Report).

Institutional Ownership by Quarter for Golub Capital BDC (NASDAQ:GBDC)

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