Brown Advisory Inc. lessened its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 1.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 168,845 shares of the investment management company’s stock after selling 3,115 shares during the period. Brown Advisory Inc. owned 0.28% of Golub Capital BDC worth $3,178,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Pinebridge Investments L.P. grew its holdings in Golub Capital BDC by 0.6% during the second 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 period. Cambridge Investment Research Advisors Inc. grew its holdings in Golub Capital BDC by 2.7% during the second 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 period. Evercore Wealth Management LLC grew its holdings in Golub Capital BDC by 1.4% during the second quarter. Evercore Wealth Management LLC now owns 43,637 shares of the investment management company’s stock valued at $834,000 after purchasing an additional 597 shares during the period. Parametric Portfolio Associates LLC grew its holdings in Golub Capital BDC by 1.3% during the second quarter. Parametric Portfolio Associates LLC now owns 48,591 shares of the investment management company’s stock valued at $220,000 after purchasing an additional 631 shares during the period. Finally, Veritable L.P. grew its holdings in Golub Capital BDC by 1.0% during the second quarter. Veritable L.P. now owns 73,146 shares of the investment management company’s stock valued at $1,399,000 after purchasing an additional 714 shares during the period. 40.76% of the stock is owned by institutional investors and hedge funds.

Several research firms have issued reports on GBDC. National Securities reissued a “neutral” rating and set a $19.00 price target on shares of Golub Capital BDC in a report on Wednesday, August 9th. Zacks Investment Research lowered Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Thursday, November 23rd. Finally, Keefe, Bruyette & Woods set a $20.00 price target on Golub Capital BDC and gave the company a “hold” rating in a report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. Golub Capital BDC has a consensus rating of “Hold” and a consensus price target of $19.88.

Golub Capital BDC, Inc. (NASDAQ GBDC) opened at $19.02 on Thursday. The firm has a market capitalization of $1,128.99, a PE ratio of 14.47, a PEG ratio of 1.48 and a beta of 0.67. The company has a debt-to-equity ratio of 0.81, a current ratio of 3.56 and a quick ratio of 3.56. Golub Capital BDC, Inc. has a one year low of $17.87 and a one year high of $20.50.

Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings data on Monday, November 20th. The investment management company reported $0.32 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.32. The firm had revenue of $34.95 million during the quarter, compared to analyst estimates of $36.78 million. Golub Capital BDC had a return on equity of 7.90% and a net margin of 58.06%. The business’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.32 earnings per share. research analysts forecast that Golub Capital BDC, Inc. will post 1.28 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Tuesday, December 12th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.73%. The ex-dividend date is Monday, December 11th. Golub Capital BDC’s dividend payout ratio (DPR) is 90.78%.

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Golub Capital BDC Company 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.

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

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