American Financial Network Advisory Services LLC Has $527,000 Position in Golub Capital BDC Inc (GBDC)

American Financial Network Advisory Services LLC increased its stake in shares of Golub Capital BDC Inc (NASDAQ:GBDC) by 127,759.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,129 shares of the investment management company’s stock after purchasing an additional 28,107 shares during the quarter. American Financial Network Advisory Services LLC’s holdings in Golub Capital BDC were worth $527,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. OMERS ADMINISTRATION Corp purchased a new stake in Golub Capital BDC in the second quarter valued at about $3,660,000. Derby & Company Inc. raised its stake in Golub Capital BDC by 52.1% in the second quarter. Derby & Company Inc. now owns 55,348 shares of the investment management company’s stock valued at $1,013,000 after buying an additional 18,969 shares during the last quarter. Aperio Group LLC raised its stake in Golub Capital BDC by 64.2% in the second quarter. Aperio Group LLC now owns 19,478 shares of the investment management company’s stock valued at $356,000 after buying an additional 7,616 shares during the last quarter. LPL Financial LLC purchased a new stake in Golub Capital BDC in the first quarter valued at about $214,000. Finally, PNC Financial Services Group Inc. raised its stake in Golub Capital BDC by 310.9% in the second quarter. PNC Financial Services Group Inc. now owns 5,715 shares of the investment management company’s stock valued at $105,000 after buying an additional 4,324 shares during the last quarter. Hedge funds and other institutional investors own 36.99% of the company’s stock.

Golub Capital BDC stock opened at $18.13 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.22 and a quick ratio of 2.22. Golub Capital BDC Inc has a one year low of $17.35 and a one year high of $19.89. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 14.62, a price-to-earnings-growth ratio of 7.06 and a beta of 0.60.

Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings results on Wednesday, August 8th. The investment management company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). The business had revenue of $38.40 million during the quarter, compared to analysts’ expectations of $36.81 million. Golub Capital BDC had a net margin of 60.34% and a return on equity of 7.92%. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.35 earnings per share. As a group, equities analysts predict that Golub Capital BDC Inc will post 1.27 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 28th. Stockholders of record on Friday, September 7th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 7.06%. The ex-dividend date was Thursday, September 6th. Golub Capital BDC’s dividend payout ratio is presently 102.40%.

A number of research firms have commented on GBDC. Zacks Investment Research cut Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Monday, August 13th. National Securities reiterated a “buy” rating and issued a $21.00 price target on shares of Golub Capital BDC in a research note on Monday, August 13th. Finally, BidaskClub cut Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Thursday, August 30th.

Golub Capital BDC Profile

Golub Capital BDC, Inc 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. The company seeks to invest in the United States.

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Institutional Ownership by Quarter for Golub Capital BDC (NASDAQ:GBDC)

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