Barings BDC, Inc. (NYSE:BBDC) Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC decreased its holdings in Barings BDC, Inc. (NYSE:BBDC) by 6.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,069 shares of the company’s stock after selling 2,490 shares during the period. Sequoia Financial Advisors LLC’s holdings in Barings BDC were worth $355,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Jackson Hole Capital Partners LLC acquired a new position in Barings BDC during the 4th quarter worth $115,000. Raymond James Financial Inc. acquired a new position in shares of Barings BDC during the fourth quarter worth about $8,891,000. Steward Partners Investment Advisory LLC increased its stake in shares of Barings BDC by 4.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 39,478 shares of the company’s stock worth $378,000 after buying an additional 1,565 shares during the period. Sigma Planning Corp raised its holdings in Barings BDC by 15.2% in the fourth quarter. Sigma Planning Corp now owns 17,861 shares of the company’s stock valued at $171,000 after acquiring an additional 2,352 shares in the last quarter. Finally, Truist Financial Corp purchased a new position in Barings BDC in the fourth quarter worth approximately $112,000. Hedge funds and other institutional investors own 44.09% of the company’s stock.

Barings BDC Trading Down 0.2 %

NYSE BBDC opened at $9.39 on Wednesday. Barings BDC, Inc. has a 52 week low of $8.95 and a 52 week high of $10.85. The firm has a 50 day moving average of $9.93 and a two-hundred day moving average of $9.84. The stock has a market capitalization of $989.26 million, a PE ratio of 9.02 and a beta of 0.66. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.37.

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

Barings BDC Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, March 5th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 11.08%. The ex-dividend date of this dividend was Wednesday, March 5th. Barings BDC’s dividend payout ratio (DPR) is 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.