Golub Capital BDC (NASDAQ:GBDC) Raised to “Hold” at StockNews.com

Golub Capital BDC (NASDAQ:GBDC) was upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

Separately, Wells Fargo & Company lowered their target price on shares of Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating on the stock in a report on Thursday, November 21st. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $16.38.

Golub Capital BDC Stock Up 0.5 %

GBDC opened at $15.09 on Wednesday. The firm’s 50-day simple moving average is $15.39 and its 200-day simple moving average is $15.25. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.94 and a current ratio of 2.94. Golub Capital BDC has a twelve month low of $14.05 and a twelve month high of $17.72. The firm has a market cap of $4.01 billion, a price-to-earnings ratio of 10.93 and a beta of 0.50.

Golub Capital BDC (NASDAQ:GBDC) last posted its earnings results on Tuesday, February 4th. The investment management company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.04). Golub Capital BDC had a return on equity of 11.18% and a net margin of 39.63%. Equities research analysts anticipate that Golub Capital BDC will post 1.6 EPS for the current fiscal year.

Institutional Investors Weigh In On Golub Capital BDC

A number of hedge funds have recently added to or reduced their stakes in GBDC. Blue Trust Inc. grew its holdings in Golub Capital BDC by 413.1% during the 4th quarter. Blue Trust Inc. now owns 2,386 shares of the investment management company’s stock worth $36,000 after acquiring an additional 1,921 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Golub Capital BDC by 36.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 3,116 shares of the investment management company’s stock valued at $47,000 after purchasing an additional 827 shares during the last quarter. Optiver Holding B.V. boosted its stake in shares of Golub Capital BDC by 28.7% in the 4th quarter. Optiver Holding B.V. now owns 3,087 shares of the investment management company’s stock valued at $47,000 after purchasing an additional 688 shares during the last quarter. Hurley Capital LLC bought a new position in shares of Golub Capital BDC in the 4th quarter valued at about $50,000. Finally, Cornerstone Wealth Management LLC bought a new position in shares of Golub Capital BDC in the 4th quarter valued at about $160,000. Institutional investors own 42.38% of the company’s stock.

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.