5T Wealth LLC Makes New $365,000 Investment in Golub Capital BDC, Inc. (NASDAQ:GBDC)

5T Wealth LLC acquired a new position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) in the 4th quarter, Holdings Channel reports. The fund acquired 24,067 shares of the investment management company’s stock, valued at approximately $365,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Creative Planning increased its position in Golub Capital BDC by 1,156.5% during the third quarter. Creative Planning now owns 182,095 shares of the investment management company’s stock worth $2,751,000 after buying an additional 167,603 shares during the period. Embree Financial Group acquired a new stake in Golub Capital BDC during the 3rd quarter worth $171,000. Foundations Investment Advisors LLC boosted its stake in Golub Capital BDC by 22.2% during the 3rd quarter. Foundations Investment Advisors LLC now owns 15,646 shares of the investment management company’s stock worth $236,000 after purchasing an additional 2,841 shares during the period. Eagle Bay Advisors LLC increased its stake in Golub Capital BDC by 5.1% in the third quarter. Eagle Bay Advisors LLC now owns 100,815 shares of the investment management company’s stock valued at $1,523,000 after purchasing an additional 4,891 shares during the period. Finally, International Assets Investment Management LLC raised its holdings in shares of Golub Capital BDC by 2,083.7% in the third quarter. International Assets Investment Management LLC now owns 167,993 shares of the investment management company’s stock valued at $25,380,000 after buying an additional 160,300 shares during the last quarter. 42.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on GBDC shares. StockNews.com downgraded Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Thursday. Wells Fargo & Company cut their price target 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. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Golub Capital BDC currently has a consensus rating of “Hold” and a consensus target price of $16.38.

Golub Capital BDC Trading Up 0.1 %

NASDAQ:GBDC opened at $15.93 on Monday. The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of 11.54 and a beta of 0.54. Golub Capital BDC, Inc. has a 1 year low of $14.05 and a 1 year high of $17.72. The stock has a fifty day moving average price of $15.32 and a two-hundred day moving average price of $15.17. The company has a debt-to-equity ratio of 1.22, a quick ratio of 4.73 and a current ratio of 2.94.

Golub Capital BDC (NASDAQ:GBDC) last announced its quarterly earnings data on Tuesday, February 4th. The investment management company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.04). Golub Capital BDC had a net margin of 39.63% and a return on equity of 11.18%. As a group, sell-side analysts anticipate that Golub Capital BDC, Inc. will post 1.62 earnings per share for the current fiscal year.

Golub Capital BDC Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 3rd will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.56 annualized dividend and a yield of 9.79%. Golub Capital BDC’s dividend payout ratio is presently 113.04%.

About Golub Capital BDC

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.