Beverly Hills Private Wealth LLC Has $283,000 Stock Holdings in Golub Capital BDC, Inc. $GBDC

Beverly Hills Private Wealth LLC decreased its stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 14.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,316 shares of the investment management company’s stock after selling 3,300 shares during the period. Beverly Hills Private Wealth LLC’s holdings in Golub Capital BDC were worth $283,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Eagle Bay Advisors LLC increased its holdings in shares of Golub Capital BDC by 0.3% during the second quarter. Eagle Bay Advisors LLC now owns 261,033 shares of the investment management company’s stock worth $3,824,000 after buying an additional 708 shares in the last quarter. Hexagon Capital Partners LLC boosted its holdings in shares of Golub Capital BDC by 31.6% during the 1st quarter. Hexagon Capital Partners LLC now owns 3,613 shares of the investment management company’s stock valued at $55,000 after acquiring an additional 868 shares in the last quarter. Comprehensive Money Management Services LLC grew its position in Golub Capital BDC by 8.7% during the 2nd quarter. Comprehensive Money Management Services LLC now owns 11,600 shares of the investment management company’s stock worth $170,000 after acquiring an additional 930 shares during the last quarter. Chicago Partners Investment Group LLC grew its position in Golub Capital BDC by 1.7% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 58,032 shares of the investment management company’s stock worth $898,000 after acquiring an additional 971 shares during the last quarter. Finally, Perigon Wealth Management LLC increased its holdings in Golub Capital BDC by 9.0% in the 2nd quarter. Perigon Wealth Management LLC now owns 11,894 shares of the investment management company’s stock worth $174,000 after purchasing an additional 983 shares in the last quarter. Institutional investors own 42.38% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Golub Capital BDC in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.00.

Golub Capital BDC Price Performance

Shares of NASDAQ:GBDC opened at $14.07 on Wednesday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.37 and a current ratio of 2.37. Golub Capital BDC, Inc. has a 52 week low of $12.68 and a 52 week high of $16.00. The firm has a market cap of $3.75 billion, a PE ratio of 9.91 and a beta of 0.48. The firm’s fifty day moving average is $14.26 and its 200-day moving average is $14.53.

Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings data on Monday, August 4th. The investment management company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.01. The business had revenue of $218.34 million during the quarter, compared to the consensus estimate of $215.47 million. Golub Capital BDC had a return on equity of 10.87% and a net margin of 42.81%.During the same period in the prior year, the business posted $0.39 earnings per share. Sell-side analysts predict that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 15th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.1%. The ex-dividend date was Monday, September 15th. Golub Capital BDC’s dividend payout ratio (DPR) is 109.86%.

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.