Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Bought by Axiom Advisory LLC

Axiom Advisory LLC increased its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 4.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,600 shares of the investment management company’s stock after purchasing an additional 1,992 shares during the period. Axiom Advisory LLC’s holdings in Golub Capital BDC were worth $763,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in GBDC. Neville Rodie & Shaw Inc. lifted its position in shares of Golub Capital BDC by 1.2% during the 1st quarter. Neville Rodie & Shaw Inc. now owns 53,842 shares of the investment management company’s stock valued at $895,000 after acquiring an additional 622 shares during the last quarter. Chicago Partners Investment Group LLC lifted its stake in Golub Capital BDC by 4.3% during the fourth quarter. Chicago Partners Investment Group LLC now owns 18,575 shares of the investment management company’s stock valued at $286,000 after buying an additional 771 shares in the last quarter. Silvercrest Asset Management Group LLC boosted its holdings in shares of Golub Capital BDC by 3.0% in the first quarter. Silvercrest Asset Management Group LLC now owns 33,077 shares of the investment management company’s stock worth $550,000 after buying an additional 970 shares during the period. Wedbush Securities Inc. increased its position in shares of Golub Capital BDC by 2.8% in the second quarter. Wedbush Securities Inc. now owns 37,031 shares of the investment management company’s stock worth $582,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC raised its holdings in shares of Golub Capital BDC by 2.6% during the second quarter. Onyx Bridge Wealth Group LLC now owns 44,944 shares of the investment management company’s stock valued at $706,000 after acquiring an additional 1,123 shares during the period. 42.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Anita J. Rival purchased 26,000 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was bought at an average cost of $14.40 per share, for a total transaction of $374,400.00. Following the completion of the acquisition, the director now directly owns 95,000 shares of the company’s stock, valued at approximately $1,368,000. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Golub Capital BDC news, Director Anita J. Rival purchased 26,000 shares of the business’s stock in a transaction dated Thursday, August 8th. The stock was bought at an average cost of $14.40 per share, for a total transaction of $374,400.00. Following the completion of the acquisition, the director now directly owns 95,000 shares in the company, valued at $1,368,000. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David Golub acquired 20,000 shares of Golub Capital BDC stock in a transaction dated Friday, August 16th. The stock was acquired at an average cost of $14.68 per share, with a total value of $293,600.00. Following the completion of the transaction, the chief executive officer now directly owns 1,738,880 shares of the company’s stock, valued at $25,526,758.40. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought 146,000 shares of company stock worth $2,159,400 in the last quarter. 2.70% of the stock is currently owned by company insiders.

Golub Capital BDC Stock Down 0.1 %

GBDC opened at $15.17 on Wednesday. The company has a market capitalization of $2.60 billion, a PE ratio of 7.47 and a beta of 0.53. The business has a 50-day moving average of $14.86 and a 200-day moving average of $15.74. The company has a debt-to-equity ratio of 1.06, a current ratio of 5.01 and a quick ratio of 5.01. Golub Capital BDC, Inc. has a fifty-two week low of $14.02 and a fifty-two week high of $17.72.

Golub Capital BDC (NASDAQ:GBDC) last posted its earnings results on Monday, August 5th. The investment management company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.01). Golub Capital BDC had a net margin of 42.14% and a return on equity of 11.99%. The company had revenue of $171.27 million for the quarter, compared to the consensus estimate of $205.24 million. During the same quarter last year, the business earned $0.44 earnings per share. Equities research analysts forecast that Golub Capital BDC, Inc. will post 1.92 EPS for the current fiscal year.

Golub Capital BDC Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, August 30th were issued a $0.39 dividend. The ex-dividend date was Friday, August 30th. This represents a $1.56 annualized dividend and a yield of 10.28%. Golub Capital BDC’s dividend payout ratio (DPR) is presently 76.85%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Oppenheimer reaffirmed an “outperform” rating and issued a $17.00 price objective on shares of Golub Capital BDC in a research note on Wednesday, August 7th. StockNews.com cut Golub Capital BDC from a “hold” rating to a “sell” rating in a research report on Saturday, September 28th. Keefe, Bruyette & Woods dropped their price target on Golub Capital BDC from $17.50 to $16.50 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. Finally, Wells Fargo & Company decreased their price objective on Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $16.40.

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.