OMERS ADMINISTRATION Corp Has $45.06 Million Stake in Golub Capital BDC, Inc. $GBDC

OMERS ADMINISTRATION Corp boosted its position in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 17.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 3,559,646 shares of the investment management company’s stock after purchasing an additional 540,498 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Golub Capital BDC were worth $45,065,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Keel Point LLC grew its holdings in Golub Capital BDC by 2.7% during the 2nd quarter. Keel Point LLC now owns 39,845 shares of the investment management company’s stock worth $584,000 after acquiring an additional 1,039 shares during the period. Ironsides Asset Advisors LLC boosted its position in shares of Golub Capital BDC by 7.6% during the 4th quarter. Ironsides Asset Advisors LLC now owns 15,755 shares of the investment management company’s stock valued at $214,000 after purchasing an additional 1,113 shares in the last quarter. Levin Capital Strategies L.P. boosted its position in shares of Golub Capital BDC by 12.9% during the 1st quarter. Levin Capital Strategies L.P. now owns 11,628 shares of the investment management company’s stock valued at $147,000 after purchasing an additional 1,328 shares in the last quarter. Cetera Investment Advisers grew its stake in Golub Capital BDC by 1.3% during the fourth quarter. Cetera Investment Advisers now owns 106,374 shares of the investment management company’s stock worth $1,443,000 after purchasing an additional 1,361 shares during the period. Finally, Mackenzie Financial Corp grew its stake in Golub Capital BDC by 3.8% during the third quarter. Mackenzie Financial Corp now owns 42,767 shares of the investment management company’s stock worth $585,000 after purchasing an additional 1,557 shares during the period. Institutional investors own 42.38% of the company’s stock.

Golub Capital BDC Price Performance

Shares of GBDC opened at $12.78 on Friday. Golub Capital BDC, Inc. has a 12-month low of $11.77 and a 12-month high of $15.42. The business’s fifty day moving average is $12.89 and its 200 day moving average is $12.91. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 1.25. The stock has a market cap of $3.33 billion, a P/E ratio of 16.60 and a beta of 0.39.

Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings results on Monday, May 4th. The investment management company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.02). The business had revenue of ($5.28) million during the quarter, compared to analyst estimates of $201.71 million. Golub Capital BDC had a net margin of 24.64% and a return on equity of 10.20%. During the same period in the previous year, the business posted $0.30 EPS. Sell-side analysts anticipate that Golub Capital BDC, Inc. will post 1.36 earnings per share for the current fiscal year.

Golub Capital BDC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Monday, June 15th were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.3%. The ex-dividend date was Monday, June 15th. Golub Capital BDC’s dividend payout ratio (DPR) is currently 171.43%.

Analysts Set New Price Targets

GBDC has been the topic of several research analyst reports. Wall Street Zen lowered shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Sunday, April 19th. Royal Bank Of Canada dropped their price objective on shares of Golub Capital BDC from $15.00 to $14.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Zacks Research raised shares of Golub Capital BDC from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Weiss Ratings restated a “hold (c)” rating on shares of Golub Capital BDC in a research note on Wednesday, June 24th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $14.00 target price on shares of Golub Capital BDC in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $14.00.

Golub Capital BDC Profile

Golub Capital BDC (NASDAQ: GBDC) is a publicly traded business development company specializing in providing debt and equity financing solutions to middle-market companies in the United States. Externally managed by Golub Capital LLC, the firm focuses on building a diversified portfolio of senior secured loans, unitranche facilities and second-lien debt instruments designed to support growth, acquisitions and recapitalizations. As a closed-end investment vehicle, GBDC offers investors direct exposure to private credit strategies within a regulated structure.

The company’s core business activities center on originating and managing bespoke financing arrangements for U.S.