TrueMark Investments LLC Acquires 121,945 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC)

TrueMark Investments LLC increased its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 198.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 183,394 shares of the investment management company’s stock after purchasing an additional 121,945 shares during the quarter. TrueMark Investments LLC’s holdings in Golub Capital BDC were worth $2,780,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of GBDC. LPL Financial LLC raised its stake in Golub Capital BDC by 22.5% during the 4th quarter. LPL Financial LLC now owns 365,359 shares of the investment management company’s stock worth $5,539,000 after acquiring an additional 67,106 shares during the period. Blueprint Investment Partners LLC bought a new stake in shares of Golub Capital BDC during the 4th quarter valued at $5,261,000. Fox Run Management L.L.C. purchased a new position in shares of Golub Capital BDC during the 4th quarter valued at $301,000. Virtu Financial LLC bought a new position in Golub Capital BDC in the 4th quarter worth $510,000. Finally, BluePointe Capital Management LLC increased its stake in Golub Capital BDC by 4.4% in the 4th quarter. BluePointe Capital Management LLC now owns 103,140 shares of the investment management company’s stock worth $1,564,000 after buying an additional 4,355 shares in the last quarter. 42.38% of the stock is owned by institutional investors.

Golub Capital BDC Price Performance

GBDC stock opened at $15.32 on Wednesday. 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 company’s fifty day moving average price is $15.40 and its 200-day moving average price is $15.26. Golub Capital BDC, Inc. has a one year low of $14.05 and a one year high of $17.72. The company has a market capitalization of $4.07 billion, a PE ratio of 11.10 and a beta of 0.50.

Golub Capital BDC (NASDAQ:GBDC) last announced its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 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%. On average, equities analysts anticipate that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 3rd will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 10.18%. The ex-dividend date is Monday, March 3rd. Golub Capital BDC’s payout ratio is 113.04%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a research report on Wednesday, March 19th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $16.17.

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.