Boston Partners Has $14.25 Million Stock Position in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Boston Partners grew its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 39.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 936,035 shares of the investment management company’s stock after purchasing an additional 264,947 shares during the quarter. Boston Partners owned approximately 0.35% of Golub Capital BDC worth $14,246,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of GBDC. Van ECK Associates Corp grew its position in shares of Golub Capital BDC by 13.4% during the 4th quarter. Van ECK Associates Corp now owns 4,522,114 shares of the investment management company’s stock worth $68,555,000 after purchasing an additional 533,895 shares in the last quarter. Sound Income Strategies LLC raised its holdings in shares of Golub Capital BDC by 6.0% during the 4th quarter. Sound Income Strategies LLC now owns 3,055,380 shares of the investment management company’s stock worth $46,320,000 after buying an additional 172,519 shares in the last quarter. Northeast Financial Consultants Inc lifted its position in shares of Golub Capital BDC by 25.9% during the 3rd quarter. Northeast Financial Consultants Inc now owns 2,648,321 shares of the investment management company’s stock worth $40,016,000 after buying an additional 544,126 shares during the last quarter. Sage Mountain Advisors LLC grew its position in Golub Capital BDC by 38.8% in the fourth quarter. Sage Mountain Advisors LLC now owns 2,509,449 shares of the investment management company’s stock valued at $38,043,000 after acquiring an additional 701,594 shares during the last quarter. Finally, Partners Group Holding AG lifted its holdings in shares of Golub Capital BDC by 48.2% in the third quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company’s stock worth $30,139,000 after acquiring an additional 648,855 shares during the last quarter. 42.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

GBDC has been the subject of a number of research analyst reports. Wells Fargo & Company lowered their price objective on shares of 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. StockNews.com upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a research report on Wednesday. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $16.38.

Golub Capital BDC Price Performance

Shares of NASDAQ:GBDC opened at $15.09 on Friday. The firm has a market cap of $4.01 billion, a PE ratio of 10.93 and a beta of 0.50. The firm’s fifty day moving average is $15.39 and its 200-day moving average is $15.25. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94. Golub Capital BDC, Inc. has a 52 week low of $14.05 and a 52 week high of $17.72.

Golub Capital BDC (NASDAQ:GBDC) last issued its earnings results on Tuesday, February 4th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.04). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. Sell-side analysts predict that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a yield of 10.34%. Golub Capital BDC’s dividend payout ratio (DPR) is presently 113.04%.

About Golub Capital BDC

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.