Global Wealth Management Investment Advisory Inc. Has $1.10 Million Holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Global Wealth Management Investment Advisory Inc. boosted its holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 10.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 72,549 shares of the investment management company’s stock after purchasing an additional 6,629 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in Golub Capital BDC were worth $1,100,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of GBDC. Van ECK Associates Corp raised its position in shares of Golub Capital BDC by 13.5% in the 3rd quarter. Van ECK Associates Corp now owns 3,988,219 shares of the investment management company’s stock valued at $61,458,000 after buying an additional 475,196 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in shares of Golub Capital BDC by 6.0% during the 4th quarter. Sound Income Strategies LLC now owns 3,055,380 shares of the investment management company’s stock valued at $46,320,000 after acquiring an additional 172,519 shares in the last quarter. Northeast Financial Consultants Inc grew its position in Golub Capital BDC by 25.9% during the 3rd quarter. Northeast Financial Consultants Inc now owns 2,648,321 shares of the investment management company’s stock worth $40,016,000 after acquiring an additional 544,126 shares during the last quarter. Partners Group Holding AG increased its holdings in Golub Capital BDC by 48.2% in the 3rd quarter. Partners Group Holding AG now owns 1,994,663 shares of the investment management company’s stock worth $30,139,000 after purchasing an additional 648,855 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Golub Capital BDC by 10.1% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 710,354 shares of the investment management company’s stock valued at $10,769,000 after purchasing an additional 65,167 shares in the last quarter. Institutional investors own 42.38% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on GBDC. StockNews.com raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Friday, November 29th. Wells Fargo & Company lowered their price objective on shares of Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating for the company in a research note on Thursday, November 21st. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $16.38.

Golub Capital BDC Stock Up 0.8 %

Shares of NASDAQ GBDC opened at $15.55 on Monday. The stock has a market capitalization of $4.13 billion, a PE ratio of 11.27 and a beta of 0.54. Golub Capital BDC, Inc. has a one year low of $14.05 and a one year high of $17.72. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.94 and a quick ratio of 4.73. The business’s fifty day moving average price is $15.29 and its 200-day moving average price is $15.15.

Golub Capital BDC (NASDAQ:GBDC) last announced its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.04). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. On average, equities research analysts anticipate that Golub Capital BDC, Inc. will post 1.62 EPS for the current year.

Golub Capital BDC Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.03%. Golub Capital BDC’s dividend payout ratio (DPR) is currently 113.04%.

Golub Capital BDC 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.