Arete Wealth Advisors LLC Grows Stock Position in Barings BDC, Inc. (NYSE:BBDC)

Arete Wealth Advisors LLC grew its position in shares of Barings BDC, Inc. (NYSE:BBDC) by 15.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,104 shares of the company’s stock after purchasing an additional 4,611 shares during the period. Arete Wealth Advisors LLC’s holdings in Barings BDC were worth $328,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Trexquant Investment LP lifted its holdings in Barings BDC by 20.5% in the 4th quarter. Trexquant Investment LP now owns 128,886 shares of the company’s stock worth $1,233,000 after buying an additional 21,957 shares in the last quarter. HighPoint Advisor Group LLC increased its position in shares of Barings BDC by 3.1% during the fourth quarter. HighPoint Advisor Group LLC now owns 59,143 shares of the company’s stock worth $599,000 after acquiring an additional 1,754 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Barings BDC by 32.1% in the fourth quarter. Franklin Resources Inc. now owns 426,696 shares of the company’s stock worth $4,083,000 after acquiring an additional 103,742 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in Barings BDC by 276.3% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 10,144 shares of the company’s stock valued at $97,000 after purchasing an additional 7,448 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Barings BDC by 4,532.8% during the 4th quarter. JPMorgan Chase & Co. now owns 119,618 shares of the company’s stock valued at $1,145,000 after purchasing an additional 117,036 shares in the last quarter. 44.09% of the stock is owned by institutional investors and hedge funds.

Barings BDC Price Performance

BBDC stock opened at $8.67 on Monday. The company has a market capitalization of $913.79 million, a PE ratio of 8.34 and a beta of 0.56. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.37. The stock’s 50 day moving average is $9.89 and its two-hundred day moving average is $9.80. Barings BDC, Inc. has a 52-week low of $8.61 and a 52-week high of $10.85.

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

Barings BDC Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, March 5th were paid a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $1.04 dividend on an annualized basis and a yield of 12.00%. Barings BDC’s dividend payout ratio (DPR) is 100.00%.

Barings BDC Company Profile

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.