Golub Capital BDC Inc. (NASDAQ:GBDC) announced its earnings results on Wednesday. The investment management company reported $0.32 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.32. Golub Capital BDC had a return on equity of 7.75% and a net margin of 57.18%. The firm earned $34.50 million during the quarter, compared to analyst estimates of $32.71 million. During the same quarter in the prior year, the company earned $0.32 EPS. The business’s revenue was up 7.4% compared to the same quarter last year.

Shares of Golub Capital BDC (NASDAQ:GBDC) traded down 0.11% during mid-day trading on Wednesday, reaching $17.77. The company’s stock had a trading volume of 216,889 shares. Golub Capital BDC has a one year low of $14.80 and a one year high of $19.76. The firm’s 50 day moving average is $18.26 and its 200 day moving average is $18.16.

Earnings History for Golub Capital BDC (NASDAQ:GBDC)

Several hedge funds have recently bought and sold shares of GBDC. Citigroup Inc. increased its stake in Golub Capital BDC by 3.3% in the second quarter. Citigroup Inc. now owns 26,773 shares of the investment management company’s stock valued at $484,000 after buying an additional 863 shares in the last quarter. Clinton Group Inc. increased its stake in Golub Capital BDC by 7.0% in the third quarter. Clinton Group Inc. now owns 16,347 shares of the investment management company’s stock valued at $304,000 after buying an additional 1,065 shares in the last quarter. California Public Employees Retirement System increased its stake in Golub Capital BDC by 15.3% in the second quarter. California Public Employees Retirement System now owns 12,800 shares of the investment management company’s stock valued at $231,000 after buying an additional 1,700 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Golub Capital BDC by 6.5% in the third quarter. Ameriprise Financial Inc. now owns 32,307 shares of the investment management company’s stock valued at $600,000 after buying an additional 1,968 shares in the last quarter. Finally, Atlantic Trust Group LLC increased its stake in Golub Capital BDC by 14.9% in the second quarter. Atlantic Trust Group LLC now owns 32,690 shares of the investment management company’s stock valued at $591,000 after buying an additional 4,240 shares in the last quarter. 42.98% of the stock is owned by hedge funds and other institutional investors.

GBDC has been the subject of several research reports. Janney Montgomery Scott initiated coverage on Golub Capital BDC in a research report on Tuesday, September 20th. They issued a “neutral” rating and a $18.00 target price for the company. Zacks Investment Research upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Wednesday, October 5th. National Securities initiated coverage on Golub Capital BDC in a research note on Wednesday, November 2nd. They issued a “neutral” rating and a $18.00 price target on the stock. Finally, TheStreet upgraded Golub Capital BDC from a “hold” rating to a “buy” rating in a research note on Wednesday, August 10th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $17.88.

Golub Capital BDC Company Profile

Golub Capital BDC Inc is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation by investing primarily in senior secured, one stop, second lien and subordinated loans of, and warrants and minority equity securities in, United States middle market companies.

5 Day Chart for NASDAQ:GBDC

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