Golub Capital BDC Inc (NASDAQ:GBDC) Holdings Trimmed by Fort Washington Investment Advisors Inc. OH
Fort Washington Investment Advisors Inc. OH cut its holdings in Golub Capital BDC Inc (NASDAQ:GBDC) by 14.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,883 shares of the investment management company’s stock after selling 25,934 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 0.25% of Golub Capital BDC worth $2,810,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently bought and sold shares of GBDC. Biltmore Family Office LLC purchased a new position in Golub Capital BDC in the 3rd quarter worth approximately $4,183,000. OMERS ADMINISTRATION Corp purchased a new stake in Golub Capital BDC during the 2nd quarter valued at $3,660,000. Millennium Management LLC purchased a new stake in Golub Capital BDC during the 2nd quarter valued at $3,132,000. Signaturefd LLC purchased a new stake in Golub Capital BDC during the 2nd quarter valued at $2,057,000. Finally, Wells Fargo & Company MN raised its stake in Golub Capital BDC by 6.8% during the 2nd quarter. Wells Fargo & Company MN now owns 1,754,220 shares of the investment management company’s stock valued at $32,103,000 after buying an additional 112,260 shares during the last quarter. 36.68% of the stock is currently owned by institutional investors and hedge funds.
Several brokerages recently weighed in on GBDC. BidaskClub downgraded shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Thursday, August 30th. National Securities reissued a “buy” rating and set a $21.00 price objective on shares of Golub Capital BDC in a report on Monday, August 13th. Finally, Zacks Investment Research raised shares of Golub Capital BDC from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Wednesday, October 10th.
Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings data on Wednesday, November 28th. The investment management company reported $0.32 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.32. Golub Capital BDC had a net margin of 53.87% and a return on equity of 8.02%. The company had revenue of $40.40 million for the quarter, compared to analyst estimates of $38.74 million. During the same period in the prior year, the company posted $0.32 EPS. The firm’s revenue for the quarter was up 15.4% on a year-over-year basis. On average, equities analysts predict that Golub Capital BDC Inc will post 1.3 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Wednesday, December 12th will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 6.95%. The ex-dividend date of this dividend is Tuesday, December 11th. Golub Capital BDC’s dividend payout ratio (DPR) is currently 99.22%.
Golub Capital BDC Company Profile
Golub Capital BDC, Inc 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. The company seeks to invest in the United States.
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