Golub Capital BDC Inc (GBDC) Position Raised by WESPAC Advisors LLC

WESPAC Advisors LLC grew its holdings in Golub Capital BDC Inc (NASDAQ:GBDC) by 3.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,295 shares of the investment management company’s stock after purchasing an additional 1,860 shares during the quarter. WESPAC Advisors LLC owned about 0.10% of Golub Capital BDC worth $1,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. WealthTrust Arizona LLC acquired a new position in Golub Capital BDC during the 4th quarter worth approximately $27,000. Northern Oak Wealth Management Inc. acquired a new position in Golub Capital BDC during the 4th quarter worth approximately $76,000. Sontag Advisory LLC acquired a new position in Golub Capital BDC during the 4th quarter worth approximately $90,000. Next Capital Management LLC acquired a new position in Golub Capital BDC during the 4th quarter worth approximately $115,000. Finally, Belpointe Asset Management LLC acquired a new position in Golub Capital BDC during the 3rd quarter worth approximately $158,000. 38.67% of the stock is currently owned by institutional investors.

A number of research firms recently weighed in on GBDC. Zacks Investment Research downgraded Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Tuesday, April 9th. BidaskClub lowered Golub Capital BDC from a “sell” rating to a “strong sell” rating in a report on Tuesday, March 5th. Finally, National Securities reissued a “buy” rating and set a $22.00 price objective on shares of Golub Capital BDC in a report on Monday, February 11th.

NASDAQ GBDC traded down $0.12 on Friday, hitting $17.88. 240,805 shares of the stock traded hands, compared to its average volume of 134,784. Golub Capital BDC Inc has a 12 month low of $16.21 and a 12 month high of $19.89. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 13.86, a price-to-earnings-growth ratio of 6.95 and a beta of 0.65. The company has a current ratio of 3.08, a quick ratio of 1.28 and a debt-to-equity ratio of 1.08.

Golub Capital BDC (NASDAQ:GBDC) last announced its quarterly earnings data on Wednesday, May 8th. The investment management company reported $0.32 earnings per share 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 business had revenue of $41.81 million during the quarter, compared to analyst estimates of $45.09 million. During the same period in the prior year, the company earned $0.32 earnings per share. Golub Capital BDC’s revenue was up 13.3% compared to the same quarter last year. Analysts forecast that Golub Capital BDC Inc will post 1.29 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 7th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 7.16%. The ex-dividend date is Thursday, June 6th. Golub Capital BDC’s dividend payout ratio (DPR) is 99.22%.

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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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Institutional Ownership by Quarter for Golub Capital BDC (NASDAQ:GBDC)

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