Nomura Asset Management Co. Ltd. Buys 13,964 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC)

by · The Cerbat Gem

Nomura Asset Management Co. Ltd. boosted its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC – Free Report) by 676.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 16,027 shares of the investment management company’s stock after buying an additional 13,964 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Golub Capital BDC were worth $243,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in GBDC. Atria Investments Inc boosted its stake in Golub Capital BDC by 912.0% in the 4th quarter. Atria Investments Inc now owns 983,286 shares of the investment management company’s stock valued at $14,907,000 after purchasing an additional 886,123 shares during the period. Sage Mountain Advisors LLC boosted its holdings in Golub Capital BDC by 38.8% in the 4th quarter. Sage Mountain Advisors LLC now owns 2,509,449 shares of the investment management company’s stock valued at $38,043,000 after purchasing an additional 701,594 shares during the period. Northeast Financial Consultants Inc grew its position in shares of Golub Capital BDC by 25.9% during the 3rd quarter. Northeast Financial Consultants Inc now owns 2,648,321 shares of the investment management company’s stock worth $40,016,000 after purchasing an additional 544,126 shares in the last quarter. Van ECK Associates Corp grew its position in Golub Capital BDC by 13.4% during the fourth quarter. Van ECK Associates Corp now owns 4,522,114 shares of the investment management company’s stock worth $68,555,000 after buying an additional 533,895 shares in the last quarter. Finally, Hilton Capital Management LLC bought a new position in Golub Capital BDC during the 4th quarter worth $5,584,000. Institutional investors and hedge funds own 42.38% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, Golub Capital BDC currently has a consensus rating of “Hold” and a consensus target price of $16.17.

Check Out Our Latest Research Report on GBDC

Golub Capital BDC Trading Down 2.2 %

Shares of GBDC opened at $14.82 on Friday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94. Golub Capital BDC, Inc. has a 52-week low of $14.05 and a 52-week high of $17.72. The firm has a market cap of $3.93 billion, a price-to-earnings ratio of 10.74 and a beta of 0.50. The business’s fifty day moving average is $15.37 and its 200-day moving average is $15.27.

Golub Capital BDC (NASDAQ:GBDC – Get Free Report) last issued its quarterly earnings data 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 net margin of 39.63% and a return on equity of 11.18%. Equities analysts anticipate that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 3rd were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 10.53%. The ex-dividend date was Monday, March 3rd. Golub Capital BDC’s dividend payout ratio is currently 113.04%.

Golub Capital BDC Company Profile

(Free Report)

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.

See Also

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