Blueprint Investment Partners LLC Invests $5.26 Million in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Blueprint Investment Partners LLC acquired a new stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 347,049 shares of the investment management company’s stock, valued at approximately $5,261,000. Golub Capital BDC makes up 0.8% of Blueprint Investment Partners LLC’s portfolio, making the stock its 27th biggest position. Blueprint Investment Partners LLC owned approximately 0.13% of Golub Capital BDC at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of GBDC. GSA Capital Partners LLP boosted its stake in shares of Golub Capital BDC by 9.6% during the third quarter. GSA Capital Partners LLP now owns 19,217 shares of the investment management company’s stock valued at $290,000 after purchasing an additional 1,685 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new stake in Golub Capital BDC during the 3rd quarter worth approximately $162,000. Advisors Asset Management Inc. boosted its position in Golub Capital BDC by 9.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 164,591 shares of the investment management company’s stock worth $2,487,000 after buying an additional 14,214 shares during the period. Moors & Cabot Inc. increased its position in Golub Capital BDC by 2.3% in the 3rd quarter. Moors & Cabot Inc. now owns 38,143 shares of the investment management company’s stock valued at $576,000 after acquiring an additional 875 shares during the period. Finally, Citigroup Inc. raised its stake in shares of Golub Capital BDC by 1.7% during the third quarter. Citigroup Inc. now owns 342,728 shares of the investment management company’s stock valued at $5,179,000 after acquiring an additional 5,612 shares during the last quarter. Institutional investors own 42.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Wednesday. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $16.38.

Golub Capital BDC Trading Up 0.2 %

NASDAQ:GBDC opened at $15.12 on Friday. Golub Capital BDC, Inc. has a 52 week low of $14.05 and a 52 week high of $17.72. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94. The firm’s fifty day moving average is $15.40 and its 200-day moving average is $15.25. The firm has a market cap of $4.01 billion, a P/E ratio of 10.96 and a beta of 0.50.

Golub Capital BDC (NASDAQ:GBDC) last issued its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.04). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. Equities analysts expect 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 announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be issued a $0.39 dividend. 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 10.32%. Golub Capital BDC’s payout ratio is currently 113.04%.

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.