Golub Capital BDC, Inc. (NASDAQ:GBDC) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, November 14th. Analysts expect Golub Capital BDC to post earnings of $0.32 per share for the quarter.
Golub Capital BDC, Inc. (GBDC) opened at $18.99 on Monday. Golub Capital BDC, Inc. has a 12-month low of $17.50 and a 12-month high of $20.50. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.87 and a quick ratio of 1.87. The stock has a market capitalization of $1,129.05, a PE ratio of 14.50, a price-to-earnings-growth ratio of 1.47 and a beta of 0.67.
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In other news, Director William M. Iv Webster purchased 5,000 shares of Golub Capital BDC stock in a transaction dated Friday, September 1st. The shares were bought at an average cost of $18.46 per share, for a total transaction of $92,300.00. Following the completion of the acquisition, the director now owns 136,514 shares in the company, valued at approximately $2,520,048.44. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 2.40% of the company’s stock.
A hedge fund recently raised its stake in Golub Capital BDC stock. Northern Trust Corp lifted its position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 41.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,214 shares of the investment management company’s stock after purchasing an additional 8,841 shares during the period. Northern Trust Corp’s holdings in Golub Capital BDC were worth $578,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 41.92% of the company’s stock.
GBDC has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded Golub Capital BDC from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Tuesday, October 3rd. Keefe, Bruyette & Woods set a $20.00 target price on Golub Capital BDC and gave the company a “hold” rating in a research report on Friday, October 6th. National Securities reiterated a “neutral” rating and issued a $19.00 target price on shares of Golub Capital BDC in a research report on Wednesday, August 9th. Finally, BidaskClub cut Golub Capital BDC from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $19.88.
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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