CAP Partners LLC Takes $150,000 Position in Golub Capital BDC, Inc. $GBDC

CAP Partners LLC bought a new stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) during the second quarter, HoldingsChannel.com reports. The fund bought 10,215 shares of the investment management company’s stock, valued at approximately $150,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Strs Ohio bought a new position in Golub Capital BDC in the first quarter worth approximately $232,864,000. Allen Investment Management LLC grew its stake in Golub Capital BDC by 11.9% in the first quarter. Allen Investment Management LLC now owns 4,135,726 shares of the investment management company’s stock worth $62,615,000 after purchasing an additional 441,050 shares in the last quarter. Northeast Financial Consultants Inc grew its stake in Golub Capital BDC by 60.4% in the first quarter. Northeast Financial Consultants Inc now owns 4,120,043 shares of the investment management company’s stock worth $62,377,000 after purchasing an additional 1,552,223 shares in the last quarter. Sound Income Strategies LLC grew its stake in Golub Capital BDC by 4.1% in the second quarter. Sound Income Strategies LLC now owns 3,313,649 shares of the investment management company’s stock worth $48,545,000 after purchasing an additional 129,812 shares in the last quarter. Finally, Sage Mountain Advisors LLC grew its stake in Golub Capital BDC by 9.4% in the first quarter. Sage Mountain Advisors LLC now owns 2,746,062 shares of the investment management company’s stock worth $41,575,000 after purchasing an additional 236,613 shares in the last quarter. Institutional investors own 42.38% of the company’s stock.

Golub Capital BDC Stock Up 0.8%

Golub Capital BDC stock opened at $14.16 on Friday. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.37 and a quick ratio of 2.37. The stock has a market capitalization of $3.77 billion, a price-to-earnings ratio of 9.97 and a beta of 0.48. Golub Capital BDC, Inc. has a 1-year low of $12.68 and a 1-year high of $16.00. The business has a fifty day moving average price of $14.23 and a 200-day moving average price of $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, topping analysts’ consensus estimates of $0.38 by $0.01. The firm had revenue of $218.34 million during the quarter, compared to analysts’ expectations 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 quarter last year, the firm earned $0.39 EPS. Equities research analysts forecast that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 15th were given a $0.39 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.0%. Golub Capital BDC’s dividend payout ratio (DPR) is presently 109.86%.

Wall Street Analyst Weigh In

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

About Golub Capital BDC

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.