Romano Brothers AND Company Sells 1,750 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC)

Romano Brothers AND Company lowered its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 12.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,125 shares of the investment management company’s stock after selling 1,750 shares during the period. Romano Brothers AND Company’s holdings in Golub Capital BDC were worth $184,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in shares of Golub Capital BDC by 15.2% during the second quarter. Envestnet Asset Management Inc. now owns 261,076 shares of the investment management company’s stock valued at $4,102,000 after buying an additional 34,439 shares during the last quarter. ProShare Advisors LLC raised its holdings in shares of Golub Capital BDC by 9.4% during the second quarter. ProShare Advisors LLC now owns 26,210 shares of the investment management company’s stock worth $412,000 after purchasing an additional 2,262 shares during the last quarter. 1832 Asset Management L.P. purchased a new position in shares of Golub Capital BDC during the 2nd quarter valued at about $9,426,000. Edge Capital Group LLC lifted its holdings in shares of Golub Capital BDC by 42.5% in the 2nd quarter. Edge Capital Group LLC now owns 634,313 shares of the investment management company’s stock valued at $9,965,000 after buying an additional 189,208 shares during the period. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Golub Capital BDC in the second quarter worth about $5,845,000. Institutional investors own 42.38% of the company’s stock.

Golub Capital BDC Stock Up 0.5 %

Golub Capital BDC stock opened at $15.40 on Monday. Golub Capital BDC, Inc. has a fifty-two week low of $14.05 and a fifty-two week high of $17.72. The company has a debt-to-equity ratio of 1.15, a quick ratio of 4.73 and a current ratio of 4.73. The firm has a 50 day moving average price of $15.25 and a 200 day moving average price of $15.17. The company has a market capitalization of $4.07 billion, a PE ratio of 10.92 and a beta of 0.53.

Golub Capital BDC Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 9th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 10.13%. The ex-dividend date was Monday, December 9th. Golub Capital BDC’s payout ratio is currently 110.64%.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. StockNews.com raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Friday, November 29th. Wells Fargo & Company dropped their price target on Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a research report on Thursday, November 21st. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $16.40.

Golub Capital BDC Profile

Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.