Abundance Wealth Counselors Buys 6,920 Shares of Golub Capital BDC, Inc. $GBDC

Abundance Wealth Counselors lifted its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 9.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,558 shares of the investment management company’s stock after purchasing an additional 6,920 shares during the quarter. Abundance Wealth Counselors’ holdings in Golub Capital BDC were worth $1,122,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in GBDC. RDA Financial Network grew its holdings in Golub Capital BDC by 4.3% during the 1st quarter. RDA Financial Network now owns 35,773 shares of the investment management company’s stock worth $542,000 after acquiring an additional 1,461 shares during the last quarter. Pallas Capital Advisors LLC grew its holdings in Golub Capital BDC by 56.3% during the 1st quarter. Pallas Capital Advisors LLC now owns 44,039 shares of the investment management company’s stock worth $667,000 after acquiring an additional 15,860 shares during the last quarter. Accurate Wealth Management LLC grew its holdings in Golub Capital BDC by 51.6% during the 1st quarter. Accurate Wealth Management LLC now owns 49,990 shares of the investment management company’s stock worth $757,000 after acquiring an additional 17,010 shares during the last quarter. Redhawk Wealth Advisors Inc. grew its holdings in Golub Capital BDC by 38.2% during the 1st quarter. Redhawk Wealth Advisors Inc. now owns 63,082 shares of the investment management company’s stock worth $955,000 after acquiring an additional 17,439 shares during the last quarter. Finally, GraniteShares Advisors LLC grew its holdings in Golub Capital BDC by 6.5% during the 1st quarter. GraniteShares Advisors LLC now owns 173,185 shares of the investment management company’s stock worth $2,622,000 after acquiring an additional 10,500 shares during the last quarter. 42.38% of the stock is owned by institutional investors.

Golub Capital BDC Trading Up 1.7%

GBDC opened at $13.74 on Friday. Golub Capital BDC, Inc. has a fifty-two week low of $12.68 and a fifty-two week high of $16.00. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.37 and a quick ratio of 2.37. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of 9.68 and a beta of 0.48. The company’s 50 day moving average price is $14.56 and its two-hundred day moving average price is $14.65.

Golub Capital BDC (NASDAQ:GBDC) last posted its earnings results on Monday, August 4th. The investment management company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. Golub Capital BDC had a net margin of 42.81% and a return on equity of 10.87%. The firm had revenue of $218.34 million for the quarter, compared to analyst estimates of $215.47 million. During the same period in the previous year, the firm posted $0.39 EPS. As a group, research analysts predict that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current year.

Golub Capital BDC Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 15th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.4%. The ex-dividend date of this dividend was Monday, September 15th. Golub Capital BDC’s dividend payout ratio is currently 109.86%.

Golub Capital BDC Company Profile

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.