California Public Employees Retirement System boosted its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 183.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,300 shares of the investment management company’s stock after buying an additional 19,600 shares during the period. California Public Employees Retirement System’s holdings in Golub Capital BDC were worth $579,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pinebridge Investments L.P. grew its stake in shares of Golub Capital BDC by 0.6% in the 2nd quarter. Pinebridge Investments L.P. now owns 14,582 shares of the investment management company’s stock valued at $279,000 after purchasing an additional 80 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Golub Capital BDC by 2.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 11,395 shares of the investment management company’s stock valued at $218,000 after purchasing an additional 298 shares during the last quarter. Parametric Portfolio Associates LLC grew its stake in shares of Golub Capital BDC by 1.2% in the 1st quarter. Parametric Portfolio Associates LLC now owns 47,960 shares of the investment management company’s stock valued at $953,000 after purchasing an additional 553 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Golub Capital BDC by 3.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 29,650 shares of the investment management company’s stock valued at $567,000 after purchasing an additional 960 shares during the last quarter. Finally, GSA Capital Partners LLP grew its stake in shares of Golub Capital BDC by 6.3% in the 2nd quarter. GSA Capital Partners LLP now owns 18,608 shares of the investment management company’s stock valued at $356,000 after purchasing an additional 1,108 shares during the last quarter. 40.42% of the stock is currently owned by institutional investors.

In other Golub Capital BDC news, Director William M. Iv Webster purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were purchased 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 directly owns 136,514 shares in the company, valued at $2,520,048.44. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.40% of the stock is owned by insiders.

Several research analysts have weighed in on the company. Zacks Investment Research upgraded Golub Capital BDC from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research note on Tuesday, October 3rd. BidaskClub downgraded Golub Capital BDC from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Keefe, Bruyette & Woods set a $20.00 target price on Golub Capital BDC and gave the company a “hold” rating in a research note on Friday, October 6th. Finally, National Securities reiterated a “neutral” rating and issued a $19.00 target price on shares of Golub Capital BDC in a research note on Wednesday, August 9th. One investment 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’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $19.88.

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Shares of Golub Capital BDC, Inc. (GBDC) opened at $19.01 on Tuesday. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 0.93. Golub Capital BDC, Inc. has a 12 month low of $17.87 and a 12 month high of $20.50. The firm has a market capitalization of $1,130.00, a P/E ratio of 14.50, a P/E/G ratio of 1.47 and a beta of 0.67.

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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