Golub Capital BDC, Inc. (NASDAQ:GBDC) Chairman Lawrence E. Golub bought 1,620 shares of the firm’s stock in a transaction that occurred on Monday, April 5th. The shares were purchased at an average cost of $14.98 per share, with a total value of $24,267.60. Following the transaction, the chairman now directly owns 125,389 shares of the company’s stock, valued at $1,878,327.22. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
NASDAQ GBDC opened at $15.24 on Thursday. The company has a fifty day simple moving average of $14.87 and a two-hundred day simple moving average of $14.14. The stock has a market cap of $2.55 billion, a P/E ratio of 108.86 and a beta of 0.69. Golub Capital BDC, Inc. has a 12-month low of $9.57 and a 12-month high of $15.43. The company has a current ratio of 6.82, a quick ratio of 6.82 and a debt-to-equity ratio of 0.84.
Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings results on Sunday, February 7th. The investment management company reported $0.56 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.28. The business had revenue of $74.05 million during the quarter, compared to analysts’ expectations of $77.23 million. Golub Capital BDC had a net margin of 18.35% and a return on equity of 7.95%. As a group, sell-side analysts forecast that Golub Capital BDC, Inc. will post 1.13 earnings per share for the current year.
Several hedge funds and other institutional investors have recently bought and sold shares of GBDC. Chiron Capital Management LLC purchased a new position in shares of Golub Capital BDC in the third quarter worth $26,000. FNY Investment Advisers LLC purchased a new position in shares of Golub Capital BDC in the fourth quarter worth $46,000. Arkadios Wealth Advisors purchased a new position in shares of Golub Capital BDC in the fourth quarter worth $97,000. Kings Point Capital Management purchased a new position in shares of Golub Capital BDC in the fourth quarter worth $97,000. Finally, Ancora Advisors LLC purchased a new position in shares of Golub Capital BDC in the fourth quarter worth $99,000. 36.89% of the stock is owned by institutional investors and hedge funds.
A number of equities research analysts recently commented on GBDC shares. TheStreet cut shares of Golub Capital BDC from a “b” rating to a “c+” rating in a research report on Thursday, March 18th. Zacks Investment Research raised shares of Golub Capital BDC from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research report on Wednesday.
About Golub Capital BDC
Golub Capital BDC, Inc 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. The company seeks to invest in the United States.
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