Atlantic Trust Group LLC Boosts Position in Golub Capital BDC Inc (GBDC)

Atlantic Trust Group LLC raised its stake in shares of Golub Capital BDC Inc (NASDAQ:GBDC) by 388.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 138,334 shares of the investment management company’s stock after buying an additional 110,034 shares during the period. Atlantic Trust Group LLC owned about 0.23% of Golub Capital BDC worth $2,603,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of GBDC. Russell Investments Group Ltd. boosted its holdings in shares of Golub Capital BDC by 3.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 29,650 shares of the investment management company’s stock valued at $567,000 after purchasing an additional 960 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of Golub Capital BDC by 13.5% during the 2nd quarter. Legal & General Group Plc now owns 150,013 shares of the investment management company’s stock valued at $2,867,000 after purchasing an additional 17,800 shares during the last quarter. Airain ltd bought a new position in shares of Golub Capital BDC during the 2nd quarter valued at about $311,000. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Golub Capital BDC by 2.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 11,395 shares of the investment management company’s stock valued at $218,000 after purchasing an additional 298 shares during the last quarter. Finally, Allen Investment Management LLC boosted its holdings in shares of Golub Capital BDC by 8.3% during the 2nd quarter. Allen Investment Management LLC now owns 25,912 shares of the investment management company’s stock valued at $495,000 after purchasing an additional 1,981 shares during the last quarter. Hedge funds and other institutional investors own 40.58% of the company’s stock.

Golub Capital BDC Inc (GBDC) opened at $18.07 on Friday. The stock has a market cap of $1,080.00, a P/E ratio of 12.46, a P/E/G ratio of 1.39 and a beta of 0.67. The company has a debt-to-equity ratio of 0.81, a quick ratio of 3.56 and a current ratio of 3.56. Golub Capital BDC Inc has a 1-year low of $17.70 and a 1-year high of $20.50.

Golub Capital BDC (NASDAQ:GBDC) last issued its quarterly earnings data on Monday, November 20th. The investment management company reported $0.32 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.32. The company had revenue of $34.95 million for the quarter, compared to analyst estimates of $36.78 million. Golub Capital BDC had a net margin of 58.06% and a return on equity of 7.90%. Golub Capital BDC’s revenue was up 1.3% compared to the same quarter last year. During the same period last year, the company posted $0.32 earnings per share. equities analysts predict that Golub Capital BDC Inc will post 1.28 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Tuesday, December 12th were paid a $0.32 dividend. The ex-dividend date was Monday, December 11th. This represents a $1.28 annualized dividend and a yield of 7.08%. Golub Capital BDC’s dividend payout ratio (DPR) is 88.28%.

A number of research analysts recently commented on GBDC shares. ValuEngine raised shares of Golub Capital BDC from a “hold” rating to a “buy” rating in a report on Saturday, December 9th. Zacks Investment Research downgraded shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Thursday, November 23rd. National Securities reaffirmed a “neutral” rating and issued a $19.00 price target on shares of Golub Capital BDC in a report on Wednesday, November 22nd. Keefe, Bruyette & Woods set a $20.00 price objective on shares of Golub Capital BDC and gave the stock a “hold” rating in a research note on Friday, October 6th. Finally, BidaskClub raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Friday, December 22nd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $19.88.

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Golub Capital BDC Company Profile

Golub Capital BDC, Inc is an externally managed, non-diversified, closed-end, management investment company. The Company’s investment objective is to generate current income and capital appreciation by investing primarily in senior secured and one stop loans of the United States middle-market companies.

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

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