Atria Investments Inc Lowers Position in Golub Capital BDC, Inc. $GBDC

Atria Investments Inc lowered its holdings in Golub Capital BDC, Inc. (NASDAQ:GBDC) by 40.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 253,965 shares of the investment management company’s stock after selling 170,971 shares during the period. Atria Investments Inc owned approximately 0.10% of Golub Capital BDC worth $3,721,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Strs Ohio bought a new position in shares of Golub Capital BDC in the first quarter worth approximately $232,864,000. Allen Investment Management LLC grew its stake in Golub Capital BDC by 11.9% in the 1st quarter. Allen Investment Management LLC now owns 4,135,726 shares of the investment management company’s stock worth $62,615,000 after buying an additional 441,050 shares in the last quarter. Northeast Financial Consultants Inc grew its stake in Golub Capital BDC by 60.4% in the 1st quarter. Northeast Financial Consultants Inc now owns 4,120,043 shares of the investment management company’s stock worth $62,377,000 after buying an additional 1,552,223 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in shares of Golub Capital BDC by 4.1% during the 2nd quarter. Sound Income Strategies LLC now owns 3,313,649 shares of the investment management company’s stock worth $48,545,000 after acquiring an additional 129,812 shares during the last quarter. Finally, Sage Mountain Advisors LLC lifted its holdings in shares of Golub Capital BDC by 10.5% during the 2nd quarter. Sage Mountain Advisors LLC now owns 3,033,453 shares of the investment management company’s stock worth $44,440,000 after acquiring an additional 287,391 shares during the last quarter. 42.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Golub Capital BDC in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $15.00.

Golub Capital BDC Stock Up 1.4%

Shares of GBDC opened at $14.09 on Monday. The firm has a market cap of $3.75 billion, a P/E ratio of 9.92 and a beta of 0.47. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.37 and a quick ratio of 2.37. Golub Capital BDC, Inc. has a 1 year low of $12.68 and a 1 year high of $16.00. The stock has a 50 day simple moving average of $14.16 and a two-hundred day simple moving average of $14.57.

Golub Capital BDC (NASDAQ:GBDC) last announced its quarterly earnings data on Monday, August 4th. The investment management company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. The firm had revenue of $218.34 million during the quarter, compared to analyst estimates of $215.47 million. Golub Capital BDC had a net margin of 42.81% and a return on equity of 10.87%. During the same period in the previous year, the business posted $0.39 EPS. On average, analysts forecast that Golub Capital BDC, Inc. will post 1.6 earnings per share for the current fiscal year.

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.