Ameriprise Financial Inc. grew its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 55.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,625 shares of the investment management company’s stock after buying an additional 12,369 shares during the period. Ameriprise Financial Inc.’s holdings in Golub Capital BDC were worth $667,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in shares of Golub Capital BDC by 219.3% in the second quarter. JPMorgan Chase & Co. now owns 11,042 shares of the investment management company’s stock worth $210,000 after buying an additional 7,584 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Golub Capital BDC by 2.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 11,395 shares of the investment management company’s stock worth $218,000 after buying an additional 298 shares during the last quarter. Airain ltd acquired a new stake in shares of Golub Capital BDC in the second quarter worth about $311,000. Mraz Amerine & Associates Inc. lifted its position in shares of Golub Capital BDC by 12.7% in the second quarter. Mraz Amerine & Associates Inc. now owns 16,900 shares of the investment management company’s stock worth $323,000 after buying an additional 1,900 shares during the last quarter. Finally, Trexquant Investment LP acquired a new stake in shares of Golub Capital BDC in the second quarter worth about $325,000. 41.92% of the stock is owned by institutional investors.

A number of analysts have weighed in on the company. Zacks Investment Research cut Golub Capital BDC from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Keefe, Bruyette & Woods set a $20.00 price target on Golub Capital BDC and gave the stock a “hold” rating in a research report on Friday, October 6th. National Securities reaffirmed a “neutral” rating and issued a $19.00 price target on shares of Golub Capital BDC in a research report on Wednesday, August 9th. Finally, BidaskClub cut Golub Capital BDC from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $19.88.

In other Golub Capital BDC news, Director William M. Iv Webster acquired 5,000 shares of the company’s stock in a transaction dated Friday, September 1st. The shares were acquired at an average cost of $18.46 per share, for a total transaction of $92,300.00. Following the completion of the purchase, the director now owns 136,514 shares of the company’s stock, valued at approximately $2,520,048.44. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.40% of the company’s stock.

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Golub Capital BDC, Inc. (NASDAQ:GBDC) opened at $18.99 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.87 and a quick ratio of 1.87. The company has a market capitalization of $1,129.65, a PE ratio of 14.50, a PEG ratio of 1.47 and a beta of 0.67. Golub Capital BDC, Inc. has a 12 month low of $17.50 and a 12 month high of $20.50.

Golub Capital BDC Profile

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

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

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