Elizabeth A. Murray Acquires 2,000 Shares of Barings BDC, Inc. (NYSE:BBDC) Stock

Barings BDC, Inc. (NYSE:BBDC) CFO Elizabeth A. Murray purchased 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was bought at an average cost of $9.70 per share, for a total transaction of $19,400.00. Following the acquisition, the chief financial officer now owns 20,805 shares in the company, valued at approximately $201,808.50. The trade was a 10.64 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Barings BDC Stock Performance

Shares of BBDC traded down $0.03 during midday trading on Friday, hitting $9.76. 60,643 shares of the stock traded hands, compared to its average volume of 430,407. The business’s 50 day moving average price is $9.86 and its two-hundred day moving average price is $9.87. The firm has a market capitalization of $1.03 billion, a PE ratio of 9.06 and a beta of 0.68. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.11 and a current ratio of 0.11. Barings BDC, Inc. has a 1-year low of $8.55 and a 1-year high of $10.38.

Barings BDC (NYSE:BBDC) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.01). The firm had revenue of $70.85 million during the quarter, compared to analyst estimates of $70.48 million. Barings BDC had a net margin of 39.59% and a return on equity of 11.24%. During the same quarter in the previous year, the business posted $0.31 EPS. Equities research analysts predict that Barings BDC, Inc. will post 1.24 EPS for the current fiscal year.

Barings BDC Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Wednesday, December 4th were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, December 4th. This represents a $1.04 dividend on an annualized basis and a yield of 10.66%. Barings BDC’s dividend payout ratio (DPR) is presently 96.30%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Kovitz Investment Group Partners LLC acquired a new stake in Barings BDC in the third quarter worth about $10,549,000. Harbor Capital Advisors Inc. lifted its stake in shares of Barings BDC by 148.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 740,559 shares of the company’s stock worth $7,257,000 after acquiring an additional 442,621 shares during the period. Van ECK Associates Corp boosted its holdings in shares of Barings BDC by 17.7% in the second quarter. Van ECK Associates Corp now owns 2,138,487 shares of the company’s stock valued at $20,808,000 after acquiring an additional 321,638 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of Barings BDC by 38.9% during the third quarter. Franklin Resources Inc. now owns 322,954 shares of the company’s stock valued at $3,136,000 after acquiring an additional 90,390 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in Barings BDC during the second quarter worth approximately $731,000. 44.09% of the stock is owned by institutional investors and hedge funds.

Barings BDC Company Profile

Barings BDC, Inc is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.