Barings BDC, Inc. (NYSE:BBDC) Shares Acquired by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC increased its holdings in shares of Barings BDC, Inc. (NYSE:BBDC) by 15.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,104 shares of the company’s stock after acquiring an additional 4,611 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Barings BDC were worth $328,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Kovitz Investment Group Partners LLC acquired a new stake in shares of Barings BDC during the 3rd quarter worth approximately $10,549,000. Raymond James Financial Inc. bought a new position in Barings BDC during the 4th quarter worth $8,891,000. JPMorgan Chase & Co. increased its position in Barings BDC by 4,532.8% in the fourth quarter. JPMorgan Chase & Co. now owns 119,618 shares of the company’s stock worth $1,145,000 after buying an additional 117,036 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Barings BDC by 32.1% during the fourth quarter. Franklin Resources Inc. now owns 426,696 shares of the company’s stock valued at $4,083,000 after acquiring an additional 103,742 shares during the period. Finally, Private Management Group Inc. grew its position in shares of Barings BDC by 2.8% during the fourth quarter. Private Management Group Inc. now owns 3,084,236 shares of the company’s stock worth $29,516,000 after acquiring an additional 83,408 shares during the last quarter. Institutional investors own 44.09% of the company’s stock.

Barings BDC Stock Down 6.7 %

BBDC stock opened at $8.67 on Monday. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.37. The firm’s 50-day simple moving average is $9.89 and its 200 day simple moving average is $9.80. The stock has a market cap of $913.79 million, a PE ratio of 8.34 and a beta of 0.56. Barings BDC, Inc. has a fifty-two week low of $8.61 and a fifty-two week high of $10.85.

Barings BDC (NYSE:BBDC) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). Barings BDC had a net margin of 38.54% and a return on equity of 10.94%. The business had revenue of $70.63 million for the quarter, compared to the consensus estimate of $69.35 million. As a group, sell-side analysts predict that Barings BDC, Inc. will post 1.13 EPS for the current year.

Barings BDC Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, March 5th were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, March 5th. This represents a $1.04 dividend on an annualized basis and a yield of 12.00%. Barings BDC’s dividend payout ratio (DPR) is presently 100.00%.

About Barings BDC

Barings BDC, Inc is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.