Golub Capital BDC, Inc. (NASDAQ:GBDC) Shares Bought by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. grew its holdings in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 38.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 63,082 shares of the investment management company’s stock after purchasing an additional 17,439 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Golub Capital BDC were worth $955,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of GBDC. Optiver Holding B.V. increased its holdings in shares of Golub Capital BDC by 28.7% in the 4th quarter. Optiver Holding B.V. now owns 3,087 shares of the investment management company’s stock worth $47,000 after acquiring an additional 688 shares during the period. Signaturefd LLC increased its holdings in shares of Golub Capital BDC by 0.7% in the 4th quarter. Signaturefd LLC now owns 106,746 shares of the investment management company’s stock worth $1,618,000 after acquiring an additional 704 shares during the period. Snowden Capital Advisors LLC increased its holdings in shares of Golub Capital BDC by 0.4% in the 4th quarter. Snowden Capital Advisors LLC now owns 187,252 shares of the investment management company’s stock worth $2,839,000 after acquiring an additional 814 shares during the period. Parkside Financial Bank & Trust increased its holdings in shares of Golub Capital BDC by 36.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company’s stock worth $47,000 after acquiring an additional 827 shares during the period. Finally, Sanctuary Advisors LLC increased its holdings in shares of Golub Capital BDC by 1.2% in the 4th quarter. Sanctuary Advisors LLC now owns 72,884 shares of the investment management company’s stock worth $1,140,000 after acquiring an additional 896 shares during the period. 42.38% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Golub Capital BDC news, Chairman Lawrence E. Golub acquired 6,059,971 shares of Golub Capital BDC stock in a transaction dated Tuesday, May 27th. The stock was bought at an average price of $15.13 per share, for a total transaction of $91,687,361.23. Following the transaction, the chairman now owns 6,059,971 shares in the company, valued at approximately $91,687,361.23. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 3.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Bank of America dropped their price objective on shares of Golub Capital BDC from $16.50 to $15.50 and set a “buy” rating on the stock in a report on Monday, May 12th. Keefe, Bruyette & Woods lowered their target price on shares of Golub Capital BDC from $16.50 to $15.50 and set an “outperform” rating on the stock in a research note on Tuesday, April 8th. Wells Fargo & Company lowered their target price on shares of Golub Capital BDC from $15.00 to $14.00 and set an “equal weight” rating on the stock in a research note on Monday, April 28th. Finally, Wall Street Zen raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Tuesday, May 6th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $15.50.

Golub Capital BDC Stock Down 0.4%

Golub Capital BDC stock opened at $15.22 on Thursday. The stock has a market cap of $4.05 billion, a price-to-earnings ratio of 11.03 and a beta of 0.52. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.22. The company’s 50-day moving average price is $14.50 and its two-hundred day moving average price is $15.02. Golub Capital BDC, Inc. has a 52 week low of $12.68 and a 52 week high of $16.08.

Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings data on Monday, May 5th. The investment management company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.02). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. The business had revenue of $211.10 million for the quarter, compared to the consensus estimate of $223.89 million. During the same quarter last year, the business posted $0.55 EPS. On average, analysts expect that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be given a dividend of $0.39 per share. The ex-dividend date is Friday, June 13th. This represents a $1.56 annualized dividend and a dividend yield of 10.25%. Golub Capital BDC’s dividend payout ratio (DPR) is 138.05%.

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.