Strs Ohio Takes Position in Golub Capital BDC, Inc. $GBDC

Strs Ohio purchased a new position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 15,380,696 shares of the investment management company’s stock, valued at approximately $232,864,000. Golub Capital BDC accounts for approximately 1.0% of Strs Ohio’s investment portfolio, making the stock its 14th biggest position. Strs Ohio owned about 5.77% of Golub Capital BDC at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Allen Investment Management LLC boosted its position in shares of Golub Capital BDC by 11.9% in the first quarter. Allen Investment Management LLC now owns 4,135,726 shares of the investment management company’s stock worth $62,615,000 after acquiring an additional 441,050 shares during the last quarter. Northeast Financial Consultants Inc boosted its position in shares of Golub Capital BDC by 60.4% in the first quarter. Northeast Financial Consultants Inc now owns 4,120,043 shares of the investment management company’s stock worth $62,377,000 after acquiring an additional 1,552,223 shares during the last quarter. Sound Income Strategies LLC boosted its position in shares of Golub Capital BDC by 4.2% in the first quarter. Sound Income Strategies LLC now owns 3,183,837 shares of the investment management company’s stock worth $48,203,000 after acquiring an additional 128,457 shares during the last quarter. Sage Mountain Advisors LLC raised its holdings in Golub Capital BDC by 9.4% in the first quarter. Sage Mountain Advisors LLC now owns 2,746,062 shares of the investment management company’s stock valued at $41,575,000 after buying an additional 236,613 shares during the period. Finally, OMERS ADMINISTRATION Corp raised its holdings in Golub Capital BDC by 2.6% in the first quarter. OMERS ADMINISTRATION Corp now owns 2,293,430 shares of the investment management company’s stock valued at $34,723,000 after buying an additional 57,631 shares during the period. 42.38% of the stock is owned by institutional investors and hedge funds.

Golub Capital BDC Trading Up 0.4%

GBDC opened at $14.73 on Thursday. The firm has a market capitalization of $3.92 billion, a P/E ratio of 10.37 and a beta of 0.48. The firm’s 50 day moving average is $14.92 and its 200-day moving average is $14.77. Golub Capital BDC, Inc. has a 52-week low of $12.68 and a 52-week high of $16.00. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 1.28.

Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings data on Monday, August 4th. The investment management company reported $0.39 EPS 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 during the quarter, compared to the consensus estimate of $215.47 million. During the same quarter in the previous year, the company posted $0.39 earnings per share. Analysts expect that Golub Capital BDC, Inc. will post 1.6 EPS for the current fiscal year.

Golub Capital BDC Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 15th will be given a $0.39 dividend. The ex-dividend date is Monday, September 15th. This represents a $1.56 annualized dividend and a yield of 10.6%. Golub Capital BDC’s payout ratio is 109.86%.

Golub Capital BDC 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.