Orographic Financial Advisors LLC Buys New Shares in Golub Capital BDC, Inc. $GBDC

Orographic Financial Advisors LLC bought a new position in Golub Capital BDC, Inc. (NASDAQ:GBDC) in the first quarter, Holdings Channel.com reports. The firm bought 84,479 shares of the investment management company’s stock, valued at approximately $1,069,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Main Street Group LTD purchased a new stake in Golub Capital BDC during the 1st quarter valued at about $47,000. Fifth Third Bancorp purchased a new position in shares of Golub Capital BDC in the first quarter worth about $68,000. Advisory Services Network LLC purchased a new position in shares of Golub Capital BDC in the third quarter worth about $77,000. Clearstead Advisors LLC raised its stake in shares of Golub Capital BDC by 48.6% in the fourth quarter. Clearstead Advisors LLC now owns 5,933 shares of the investment management company’s stock worth $81,000 after purchasing an additional 1,941 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Golub Capital BDC by 104.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,447 shares of the investment management company’s stock worth $87,000 after purchasing an additional 3,287 shares during the period. Institutional investors and hedge funds own 42.38% of the company’s stock.

Golub Capital BDC Stock Performance

Shares of GBDC stock opened at $12.84 on Friday. The stock has a market cap of $3.34 billion, a PE ratio of 16.68 and a beta of 0.39. The business has a 50-day simple moving average of $12.89 and a 200-day simple moving average of $12.88. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 1.25. Golub Capital BDC, Inc. has a 52-week low of $11.77 and a 52-week high of $15.04.

Golub Capital BDC (NASDAQ:GBDC) last posted its earnings results on Monday, May 4th. The investment management company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.02). The company had revenue of ($5.28) million for the quarter, compared to analyst estimates of $201.71 million. Golub Capital BDC had a return on equity of 10.20% and a net margin of 24.64%.During the same period last year, the business earned $0.30 earnings per share. On average, equities analysts expect that Golub Capital BDC, Inc. will post 1.36 EPS for the current year.

Wall Street Analysts Forecast Growth

GBDC has been the topic of a number of recent research reports. Royal Bank Of Canada dropped their target price on Golub Capital BDC from $15.00 to $14.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Oppenheimer reissued an “outperform” rating and set a $14.00 price target on shares of Golub Capital BDC in a research report on Wednesday, May 6th. Weiss Ratings restated a “hold (c)” rating on shares of Golub Capital BDC in a research note on Wednesday, June 24th. Wall Street Zen downgraded shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Sunday, April 19th. Finally, Zacks Research upgraded shares of Golub Capital BDC from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $14.00.

Golub Capital BDC Profile

Golub Capital BDC (NASDAQ: GBDC) is a publicly traded business development company specializing in providing debt and equity financing solutions to middle-market companies in the United States. Externally managed by Golub Capital LLC, the firm focuses on building a diversified portfolio of senior secured loans, unitranche facilities and second-lien debt instruments designed to support growth, acquisitions and recapitalizations. As a closed-end investment vehicle, GBDC offers investors direct exposure to private credit strategies within a regulated structure.

The company’s core business activities center on originating and managing bespoke financing arrangements for U.S.