Accurate Wealth Management LLC Acquires New Stake in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Accurate Wealth Management LLC acquired a new stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDCFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 32,980 shares of the investment management company’s stock, valued at approximately $491,000.

Other hedge funds also recently bought and sold shares of the company. Partners Group Holding AG increased its position in Golub Capital BDC by 48.2% during the third quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company’s stock valued at $30,139,000 after acquiring an additional 648,855 shares during the last quarter. Northeast Financial Consultants Inc increased its position in Golub Capital BDC by 151.8% during the second quarter. Northeast Financial Consultants Inc now owns 2,104,195 shares of the investment management company’s stock valued at $33,057,000 after acquiring an additional 1,268,442 shares during the last quarter. Barclays PLC increased its position in Golub Capital BDC by 45.5% during the third quarter. Barclays PLC now owns 190,132 shares of the investment management company’s stock valued at $2,873,000 after acquiring an additional 59,443 shares during the last quarter. BBR Partners LLC purchased a new stake in Golub Capital BDC during the third quarter valued at $655,000. Finally, Eagle Bay Advisors LLC increased its position in Golub Capital BDC by 82.1% during the fourth quarter. Eagle Bay Advisors LLC now owns 183,602 shares of the investment management company’s stock valued at $2,783,000 after acquiring an additional 82,787 shares during the last quarter. Hedge funds and other institutional investors own 42.38% of the company’s stock.

Golub Capital BDC Stock Performance

Shares of GBDC opened at $15.25 on Thursday. The company has a quick ratio of 4.73, a current ratio of 4.73 and a debt-to-equity ratio of 1.15. The business has a 50-day simple moving average of $15.25 and a two-hundred day simple moving average of $15.18. The stock has a market cap of $4.03 billion, a price-to-earnings ratio of 10.82 and a beta of 0.53. Golub Capital BDC, Inc. has a 52 week low of $14.05 and a 52 week high of $17.72.

Golub Capital BDC Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 9th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 10.23%. The ex-dividend date of this dividend was Monday, December 9th. Golub Capital BDC’s dividend payout ratio is currently 110.64%.

Wall Street Analysts Forecast Growth

GBDC has been the subject of a number of research reports. StockNews.com upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a research report on Friday, November 29th. Wells Fargo & Company reduced their price target on Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a research report on Thursday, November 21st. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.40.

Read Our Latest Research Report on Golub Capital BDC

Golub Capital BDC Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Golub Capital BDC (NASDAQ:GBDC)

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