Kelleher Financial Advisors Grows Stake in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Kelleher Financial Advisors increased its position in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 130.4% in the fourth quarter, HoldingsChannel reports. The firm owned 23,052 shares of the investment management company’s stock after purchasing an additional 13,048 shares during the quarter. Kelleher Financial Advisors’ holdings in Golub Capital BDC were worth $349,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Partners Group Holding AG lifted its stake in shares of 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 purchasing an additional 648,855 shares during the period. Northeast Financial Consultants Inc lifted its stake in shares of Golub Capital BDC by 151.8% in the 2nd quarter. Northeast Financial Consultants Inc now owns 2,104,195 shares of the investment management company’s stock valued at $33,057,000 after purchasing an additional 1,268,442 shares during the period. Barclays PLC lifted its stake in shares of Golub Capital BDC by 45.5% in the 3rd quarter. Barclays PLC now owns 190,132 shares of the investment management company’s stock valued at $2,873,000 after purchasing an additional 59,443 shares during the period. Eagle Bay Advisors LLC lifted its stake in shares of Golub Capital BDC by 82.1% in the 4th quarter. Eagle Bay Advisors LLC now owns 183,602 shares of the investment management company’s stock valued at $2,783,000 after purchasing an additional 82,787 shares during the period. Finally, BBR Partners LLC purchased a new position in shares of Golub Capital BDC in the 3rd quarter valued at approximately $655,000. Hedge funds and other institutional investors own 42.38% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on GBDC shares. Wells Fargo & Company lowered their target price on 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. StockNews.com raised Golub Capital BDC from a “sell” rating to a “hold” rating in a research report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $16.40.

Golub Capital BDC Stock Down 0.5 %

GBDC stock opened at $15.42 on Thursday. Golub Capital BDC, Inc. has a twelve month low of $14.05 and a twelve month high of $17.72. 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 firm has a market cap of $4.08 billion, a PE ratio of 10.94 and a beta of 0.53. The business has a 50 day moving average of $15.26 and a 200 day moving average of $15.17.

Golub Capital BDC Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 10.12%. The ex-dividend date was Monday, December 9th. Golub Capital BDC’s dividend payout ratio (DPR) is presently 110.64%.

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.