Other equities research analysts have also issued research reports about the company. Zacks Investment Research lowered Golub Capital BDC from a hold rating to a sell rating in a report on Tuesday, April 9th. National Securities reissued a buy rating and issued a $22.00 price objective on shares of Golub Capital BDC in a report on Monday, May 13th.
Shares of Golub Capital BDC stock opened at $17.54 on Tuesday. Golub Capital BDC has a 1 year low of $16.21 and a 1 year high of $19.89. The firm has a market cap of $1.06 billion, a PE ratio of 13.60, a price-to-earnings-growth ratio of 6.78 and a beta of 0.66. The company has a quick ratio of 3.08, a current ratio of 3.08 and a debt-to-equity ratio of 1.08.
Golub Capital BDC (NASDAQ:GBDC) last announced its earnings results on Wednesday, May 8th. The investment management company reported $0.32 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.32. Golub Capital BDC had a return on equity of 8.03% and a net margin of 46.15%. The firm had revenue of $41.81 million during the quarter, compared to analyst estimates of $45.09 million. During the same period last year, the firm posted $0.32 EPS. The business’s revenue was up 13.3% compared to the same quarter last year. Equities analysts expect that Golub Capital BDC will post 1.29 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 7th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 7.30%. The ex-dividend date of this dividend is Thursday, June 6th. Golub Capital BDC’s dividend payout ratio (DPR) is currently 99.22%.
A number of institutional investors and hedge funds have recently made changes to their positions in GBDC. M Holdings Securities Inc. grew its holdings in Golub Capital BDC by 5.8% during the 1st quarter. M Holdings Securities Inc. now owns 13,481 shares of the investment management company’s stock valued at $241,000 after buying an additional 735 shares in the last quarter. Mckinley Capital Management LLC Delaware grew its holdings in Golub Capital BDC by 0.4% during the 1st quarter. Mckinley Capital Management LLC Delaware now owns 213,462 shares of the investment management company’s stock valued at $3,816,000 after buying an additional 766 shares in the last quarter. Great West Life Assurance Co. Can grew its holdings in Golub Capital BDC by 4.7% during the 1st quarter. Great West Life Assurance Co. Can now owns 18,756 shares of the investment management company’s stock valued at $334,000 after buying an additional 838 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in Golub Capital BDC by 5.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 17,378 shares of the investment management company’s stock valued at $287,000 after buying an additional 849 shares in the last quarter. Finally, Williams Jones & Associates LLC grew its holdings in Golub Capital BDC by 5.6% during the 1st quarter. Williams Jones & Associates LLC now owns 19,000 shares of the investment management company’s stock valued at $340,000 after buying an additional 1,000 shares in the last quarter. 37.09% of the stock is owned by institutional investors.
Golub Capital BDC Company Profile
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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