Virtu Financial LLC Purchases New Shares in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Virtu Financial LLC acquired a new stake in Golub Capital BDC, Inc. (NASDAQ:GBDC) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 33,668 shares of the investment management company’s stock, valued at approximately $510,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Atria Investments Inc raised its holdings in shares of Golub Capital BDC by 912.0% in the fourth quarter. Atria Investments Inc now owns 983,286 shares of the investment management company’s stock valued at $14,907,000 after buying an additional 886,123 shares during the last quarter. Sage Mountain Advisors LLC grew its holdings in Golub Capital BDC by 38.8% during the 4th quarter. Sage Mountain Advisors LLC now owns 2,509,449 shares of the investment management company’s stock worth $38,043,000 after acquiring an additional 701,594 shares during the last quarter. Partners Group Holding AG increased its position 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 valued at $30,139,000 after acquiring an additional 648,855 shares in the last quarter. Northeast Financial Consultants Inc raised its stake in shares of Golub Capital BDC by 25.9% in the third 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. Finally, Van ECK Associates Corp lifted its position in shares of Golub Capital BDC by 13.4% during the fourth quarter. Van ECK Associates Corp now owns 4,522,114 shares of the investment management company’s stock worth $68,555,000 after purchasing an additional 533,895 shares in the last quarter. Institutional investors and hedge funds own 42.38% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Wednesday, March 19th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Golub Capital BDC has a consensus rating of “Hold” and a consensus price target of $16.17.

Golub Capital BDC Stock Performance

Shares of NASDAQ:GBDC opened at $15.32 on Wednesday. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 1.22. Golub Capital BDC, Inc. has a 1-year low of $14.05 and a 1-year high of $17.72. The stock has a market capitalization of $4.07 billion, a P/E ratio of 11.10 and a beta of 0.50. The business has a 50-day moving average price of $15.40 and a two-hundred day moving average price of $15.26.

Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings results on Tuesday, February 4th. The investment management company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.04). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. Equities analysts predict that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 3rd will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.18%. The ex-dividend date is Monday, March 3rd. Golub Capital BDC’s dividend payout ratio (DPR) is currently 113.04%.

Golub Capital BDC Company 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.