Golub Capital BDC Inc (NASDAQ:GBDC) Shares Sold by MRA Associates USA LLC

MRA Associates USA LLC decreased its holdings in shares of Golub Capital BDC Inc (NASDAQ:GBDC) by 92.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 170,544 shares of the investment management company’s stock after selling 1,973,286 shares during the quarter. Golub Capital BDC makes up about 12.0% of MRA Associates USA LLC’s investment portfolio, making the stock its biggest holding. MRA Associates USA LLC owned 0.28% of Golub Capital BDC worth $3,036,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. M Holdings Securities Inc. lifted its stake in Golub Capital BDC by 5.8% in the first quarter. M Holdings Securities Inc. now owns 13,481 shares of the investment management company’s stock valued at $241,000 after acquiring an additional 735 shares during the last quarter. Mckinley Capital Management LLC Delaware lifted its stake in Golub Capital BDC by 0.4% in the first quarter. Mckinley Capital Management LLC Delaware now owns 213,462 shares of the investment management company’s stock valued at $3,816,000 after acquiring an additional 766 shares during the last quarter. Moors & Cabot Inc. lifted its stake in Golub Capital BDC by 3.2% in the second quarter. Moors & Cabot Inc. now owns 28,514 shares of the investment management company’s stock valued at $507,000 after acquiring an additional 877 shares during the last quarter. Williams Jones & Associates LLC lifted its stake in Golub Capital BDC by 5.6% in the first quarter. Williams Jones & Associates LLC now owns 19,000 shares of the investment management company’s stock valued at $340,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Lido Advisors LLC lifted its stake in Golub Capital BDC by 7.0% in the first quarter. Lido Advisors LLC now owns 15,828 shares of the investment management company’s stock valued at $283,000 after acquiring an additional 1,042 shares during the last quarter. Institutional investors and hedge funds own 34.97% of the company’s stock.

Shares of GBDC traded down $0.05 during trading hours on Friday, hitting $18.67. The company had a trading volume of 29,847 shares, compared to its average volume of 135,403. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 7.23 and a beta of 0.62. The business has a fifty day moving average of $18.13 and a 200-day moving average of $18.03. Golub Capital BDC Inc has a 12 month low of $16.21 and a 12 month high of $19.89. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 1.08.

Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings results on Wednesday, August 7th. The investment management company reported $0.32 EPS for the quarter, hitting analysts’ consensus estimates of $0.32. Golub Capital BDC had a net margin of 43.56% and a return on equity of 8.10%. The business had revenue of $42.11 million for the quarter, compared to analyst estimates of $41.48 million. During the same period last year, the firm earned $0.33 earnings per share. Golub Capital BDC’s revenue for the quarter was up 9.7% compared to the same quarter last year. On average, equities analysts expect that Golub Capital BDC Inc will post 1.29 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Monday, August 19th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 6.86%. The ex-dividend date of this dividend is Friday, August 16th. Golub Capital BDC’s dividend payout ratio is currently 99.22%.

A number of analysts have commented on the stock. BidaskClub upgraded shares of Golub Capital BDC from a “hold” rating to a “buy” rating in a research note on Tuesday, August 6th. Zacks Investment Research raised shares of Golub Capital BDC from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research report on Tuesday, July 16th. Finally, National Securities reissued a “buy” rating and issued a $22.00 price objective on shares of Golub Capital BDC in a research report on Monday, May 13th.

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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