Colton Groome Financial Advisors LLC Makes New $149,000 Investment in Golub Capital BDC, Inc. $GBDC

Colton Groome Financial Advisors LLC acquired a new position in Golub Capital BDC, Inc. (NASDAQ:GBDC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,165 shares of the investment management company’s stock, valued at approximately $149,000.

Other large investors have also recently modified their holdings of the company. Onyx Bridge Wealth Group LLC increased its stake in shares of Golub Capital BDC by 65.0% in the first quarter. Onyx Bridge Wealth Group LLC now owns 113,646 shares of the investment management company’s stock worth $1,721,000 after purchasing an additional 44,760 shares in the last quarter. Sigma Investment Counselors Inc. purchased a new position in shares of Golub Capital BDC in the first quarter worth about $10,935,000. Oppenheimer & Co. Inc. increased its stake in shares of Golub Capital BDC by 98.6% in the first quarter. Oppenheimer & Co. Inc. now owns 39,271 shares of the investment management company’s stock worth $595,000 after purchasing an additional 19,496 shares in the last quarter. Cornerstone Wealth Management LLC increased its stake in shares of Golub Capital BDC by 24.1% in the first quarter. Cornerstone Wealth Management LLC now owns 13,092 shares of the investment management company’s stock worth $198,000 after purchasing an additional 2,541 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC increased its stake in shares of Golub Capital BDC by 39.9% in the first quarter. Kingswood Wealth Advisors LLC now owns 34,591 shares of the investment management company’s stock worth $526,000 after purchasing an additional 9,858 shares in the last quarter. Hedge funds and other institutional investors own 42.38% of the company’s stock.

Golub Capital BDC Price Performance

GBDC opened at $13.75 on Friday. The company has a market capitalization of $3.66 billion, a price-to-earnings ratio of 9.68 and a beta of 0.48. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 1.28. The firm has a 50-day moving average price of $14.72 and a 200-day moving average price of $14.69. Golub Capital BDC, Inc. has a twelve month low of $12.68 and a twelve month high of $16.00.

Golub Capital BDC (NASDAQ:GBDC) last posted its earnings results on Monday, August 4th. The investment management company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.01. The firm had revenue of $218.34 million during the quarter, compared to the consensus estimate of $215.47 million. Golub Capital BDC had a net margin of 42.81% and a return on equity of 10.87%. During the same quarter last year, the company earned $0.39 earnings per share. Equities analysts expect that Golub Capital BDC, Inc. will post 1.6 EPS for the current year.

Golub Capital BDC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 15th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.56 annualized dividend and a yield of 11.3%. Golub Capital BDC’s payout ratio is currently 109.86%.

Golub Capital BDC Company 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.