Hennion & Walsh Asset Management Inc. Purchases 9,509 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC)

Hennion & Walsh Asset Management Inc. grew its holdings in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 4.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 245,619 shares of the investment management company’s stock after purchasing an additional 9,509 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Golub Capital BDC were worth $3,724,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of GBDC. Partners Group Holding AG lifted its position in shares of Golub Capital BDC by 48.2% during 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 in the last quarter. Northeast Financial Consultants Inc raised its stake in shares of Golub Capital BDC by 151.8% during the 2nd quarter. Northeast Financial Consultants Inc now owns 2,104,195 shares of the investment management company’s stock valued at $33,057,000 after purchasing an additional 1,268,442 shares during the period. Barclays PLC lifted its holdings in Golub Capital BDC by 45.5% during the 3rd quarter. Barclays PLC now owns 190,132 shares of the investment management company’s stock worth $2,873,000 after purchasing an additional 59,443 shares in the last quarter. BBR Partners LLC bought a new position in Golub Capital BDC in the 3rd quarter worth about $655,000. Finally, Eagle Bay Advisors LLC grew its holdings in Golub Capital BDC by 82.1% during the 4th quarter. Eagle Bay Advisors LLC now owns 183,602 shares of the investment management company’s stock valued at $2,783,000 after buying an additional 82,787 shares in the last quarter. Hedge funds and other institutional investors own 42.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wells Fargo & Company cut 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 raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Friday, November 29th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Golub Capital BDC currently has an average rating of “Moderate Buy” and a consensus target price of $16.40.

Golub Capital BDC Stock Performance

NASDAQ:GBDC opened at $15.33 on Friday. The company has a quick ratio of 4.73, a current ratio of 4.73 and a debt-to-equity ratio of 1.15. The firm’s fifty day simple moving average is $15.25 and its 200 day simple moving average is $15.18. The stock has a market cap of $4.05 billion, a P/E ratio of 10.87 and a beta of 0.53. Golub Capital BDC, Inc. has a twelve month low of $14.05 and a twelve month high of $17.72.

Golub Capital BDC Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 9th were issued a $0.39 dividend. The ex-dividend date was Monday, December 9th. This represents a $1.56 dividend on an annualized basis and a yield of 10.18%. Golub Capital BDC’s dividend payout ratio (DPR) is 110.64%.

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.