Shelton Capital Management raised its position in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 71.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,000 shares of the investment management company’s stock after purchasing an additional 25,000 shares during the period. Shelton Capital Management’s holdings in Golub Capital BDC were worth $1,147,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of GBDC. Global X Management Co. LLC increased its stake in Golub Capital BDC by 50.4% in the first quarter. Global X Management Co. LLC now owns 6,728 shares of the investment management company’s stock valued at $134,000 after purchasing an additional 2,254 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Golub Capital BDC by 219.3% in the second quarter. JPMorgan Chase & Co. now owns 11,042 shares of the investment management company’s stock valued at $210,000 after purchasing an additional 7,584 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Golub Capital BDC by 2.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 11,395 shares of the investment management company’s stock valued at $218,000 after purchasing an additional 298 shares in the last quarter. Parametric Portfolio Associates LLC increased its stake in Golub Capital BDC by 1.3% in the second quarter. Parametric Portfolio Associates LLC now owns 48,591 shares of the investment management company’s stock valued at $220,000 after purchasing an additional 631 shares in the last quarter. Finally, IHT Wealth Management LLC increased its stake in Golub Capital BDC by 22.7% in the first quarter. IHT Wealth Management LLC now owns 12,420 shares of the investment management company’s stock valued at $246,000 after purchasing an additional 2,300 shares in the last quarter. 41.58% of the stock is owned by hedge funds and other institutional investors.

In related news, Director William M. Iv Webster bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The shares were bought at an average price of $18.46 per share, for a total transaction of $92,300.00. Following the transaction, the director now directly owns 136,514 shares of the company’s stock, valued at $2,520,048.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.40% of the stock is owned by insiders.

Several equities research analysts have commented on the stock. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $19.50 target price on shares of Golub Capital BDC in a research note on Tuesday, July 25th. BidaskClub downgraded shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. National Securities reaffirmed a “neutral” rating and issued a $19.00 target price on shares of Golub Capital BDC in a research note on Monday, June 12th. Finally, Zacks Investment Research raised shares of Golub Capital BDC from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Tuesday. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $19.88.

Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) opened at 18.82 on Friday. Golub Capital BDC, Inc. has a 52 week low of $17.34 and a 52 week high of $20.50. The firm has a 50-day moving average of $18.69 and a 200 day moving average of $19.44.

Golub Capital BDC (NASDAQ:GBDC) last issued its quarterly earnings results on Monday, August 7th. The investment management company reported $0.35 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.03. Golub Capital BDC had a net margin of 53.62% and a return on equity of 7.86%. The firm had revenue of $35.40 million for the quarter, compared to the consensus estimate of $35.11 million. During the same quarter in the previous year, the company earned $0.35 EPS. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. On average, analysts predict that Golub Capital BDC, Inc. will post $1.25 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Wednesday, September 6th were given a dividend of $0.32 per share. The ex-dividend date was Friday, September 1st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.80%. Golub Capital BDC’s payout ratio is presently 96.24%.

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Golub Capital BDC Company Profile

Golub Capital BDC, Inc is an externally managed, non-diversified, closed-end, management investment company. The Company’s investment objective is to generate current income and capital appreciation by investing primarily in senior secured and one stop loans of the United States middle-market companies.

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

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