Homrich & Berg decreased its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 0.5% during the second quarter, according to its most recent filing with the SEC. The fund owned 192,470 shares of the investment management company’s stock after selling 1,019 shares during the period. Golub Capital BDC accounts for 0.3% of Homrich & Berg’s investment portfolio, making the stock its 28th largest position. Homrich & Berg’s holdings in Golub Capital BDC were worth $3,680,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Global X Management Co. LLC boosted its position in shares of 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 buying an additional 2,254 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in shares of 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 buying an additional 298 shares during the period. IHT Wealth Management LLC boosted its position in shares of 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 buying an additional 2,300 shares during the period. Massey Quick & Co. LLC boosted its position in shares of Golub Capital BDC by 2.5% in the first quarter. Massey Quick & Co. LLC now owns 15,275 shares of the investment management company’s stock valued at $304,000 after buying an additional 375 shares during the period. Finally, Evanson Asset Management LLC bought a new position in shares of Golub Capital BDC during the second quarter valued at $297,000. Institutional investors and hedge funds own 41.62% of the company’s stock.

Shares of Golub Capital BDC, Inc. (GBDC) traded down 0.2108% during midday trading on Tuesday, hitting $18.8901. The stock had a trading volume of 3,347 shares. Golub Capital BDC, Inc. has a 12 month low of $17.34 and a 12 month high of $20.50. The stock’s 50-day moving average is $19.34 and its 200-day moving average is $19.53.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Wednesday, September 6th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, September 1st. This represents a $1.28 annualized dividend and a yield of 6.76%. Golub Capital BDC’s dividend payout ratio (DPR) is 96.24%.

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Several equities analysts have weighed in on the company. National Securities restated a “neutral” rating and set a $19.00 price objective on shares of Golub Capital BDC in a research note on Wednesday, August 9th. BidaskClub cut Golub Capital BDC from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Raymond James Financial, Inc. restated a “market perform” rating on shares of Golub Capital BDC in a research note on Wednesday, May 10th. They noted that the move was a valuation call. Keefe, Bruyette & Woods restated a “hold” rating and set a $19.50 price objective on shares of Golub Capital BDC in a research note on Tuesday, July 25th. Finally, Zacks Investment Research cut Golub Capital BDC from a “buy” rating to a “hold” rating in a research note on Thursday, May 11th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $19.60.

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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