Advisor OS LLC Trims Stock Position in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Advisor OS LLC cut its position in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 31.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,803 shares of the investment management company’s stock after selling 86,087 shares during the quarter. Advisor OS LLC owned about 0.07% of Golub Capital BDC worth $2,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of GBDC. Allworth Financial LP boosted its position in shares of Golub Capital BDC by 135.6% during the 3rd quarter. Allworth Financial LP now owns 2,340 shares of the investment management company’s stock valued at $35,000 after acquiring an additional 1,347 shares during the last quarter. Blue Trust Inc. grew its stake in Golub Capital BDC by 413.1% in the 4th quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company’s stock worth $36,000 after buying an additional 1,921 shares in the last quarter. Cary Street Partners Asset Management LLC bought a new position in shares of Golub Capital BDC in the 3rd quarter worth $151,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Golub Capital BDC during the 4th quarter valued at $160,000. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of Golub Capital BDC during the 3rd quarter worth $162,000. 42.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wells Fargo & Company reduced their target price on Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 21st. StockNews.com lowered Golub Capital BDC from a “hold” rating to a “sell” rating in a research report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $16.38.

Golub Capital BDC Stock Performance

NASDAQ GBDC opened at $15.69 on Wednesday. The company has a 50-day simple moving average of $15.43 and a two-hundred day simple moving average of $15.23. Golub Capital BDC, Inc. has a 12-month low of $14.05 and a 12-month high of $17.72. The firm has a market cap of $4.17 billion, a price-to-earnings ratio of 11.37 and a beta of 0.54. The company has a quick ratio of 2.94, a current ratio of 2.94 and a debt-to-equity ratio of 1.22.

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 analysts’ consensus estimates 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 forecast that Golub Capital BDC, Inc. will post 1.6 EPS for the current year.

Golub Capital BDC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be issued 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 9.94%. Golub Capital BDC’s dividend payout ratio is currently 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.