Shares of Barings BDC Inc (NYSE:BBDC) have received an average recommendation of “Hold” from the six ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $11.20.

Several research analysts recently weighed in on the company. Zacks Investment Research lowered Barings BDC from a “hold” rating to a “sell” rating in a research report on Tuesday, October 1st. ValuEngine lowered Barings BDC from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st.

In other news, Director John Switzer purchased 3,000 shares of the firm’s stock in a transaction on Wednesday, August 28th. The shares were bought at an average cost of $9.88 per share, for a total transaction of $29,640.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.29% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. D. E. Shaw & Co. Inc. lifted its stake in Barings BDC by 2.6% during the second quarter. D. E. Shaw & Co. Inc. now owns 86,385 shares of the company’s stock worth $850,000 after purchasing an additional 2,175 shares in the last quarter. FNY Investment Advisers LLC lifted its stake in Barings BDC by 32.9% during the second quarter. FNY Investment Advisers LLC now owns 9,300 shares of the company’s stock worth $91,000 after purchasing an additional 2,300 shares in the last quarter. BB&T Securities LLC lifted its stake in Barings BDC by 4.2% during the second quarter. BB&T Securities LLC now owns 69,654 shares of the company’s stock worth $685,000 after purchasing an additional 2,778 shares in the last quarter. Mckinley Capital Management LLC Delaware lifted its stake in Barings BDC by 4.0% during the second quarter. Mckinley Capital Management LLC Delaware now owns 252,889 shares of the company’s stock worth $2,488,000 after purchasing an additional 9,810 shares in the last quarter. Finally, Sigma Planning Corp acquired a new position in Barings BDC during the second quarter worth $99,000. Institutional investors own 96.14% of the company’s stock.

Shares of Barings BDC stock opened at $10.01 on Friday. Barings BDC has a fifty-two week low of $8.70 and a fifty-two week high of $10.34. The company has a current ratio of 4.79, a quick ratio of 4.79 and a debt-to-equity ratio of 1.08. The stock has a 50 day moving average of $10.08 and a 200 day moving average of $9.96.

Barings BDC (NYSE:BBDC) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.01). The business had revenue of $19.60 million during the quarter, compared to analysts’ expectations of $19.89 million. Barings BDC had a negative return on equity of 1.28% and a negative net margin of 152.61%. Research analysts predict that Barings BDC will post 0.63 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 18th. Investors of record on Wednesday, September 11th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 5.59%. This is a positive change from Barings BDC’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Tuesday, September 10th.

Barings BDC Company Profile

Barings BDC, Inc (NYSE:BBDC) is a business development company specializing in private equity and mezzanine investments. It focuses on leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies.

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