Bank of The Ozarks purchased a new position in Golub Capital BDC, Inc. (NASDAQ:GBDC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 24,005 shares of the investment management company’s stock, valued at approximately $459,000.

Other hedge funds have also recently modified their holdings of the company. Massey Quick & Co. LLC increased its stake in shares of Golub Capital BDC by 2.5% in the first quarter. Massey Quick & Co. LLC now owns 15,275 shares of the investment management company’s stock worth $304,000 after buying an additional 375 shares during the period. Parametric Portfolio Associates LLC increased its position in shares of Golub Capital BDC by 1.2% in the first quarter. Parametric Portfolio Associates LLC now owns 47,960 shares of the investment management company’s stock valued at $953,000 after buying an additional 553 shares during the last quarter. Pekin Singer Strauss Asset Management IL increased its position in shares of Golub Capital BDC by 3.6% in the first quarter. Pekin Singer Strauss Asset Management IL now owns 22,499 shares of the investment management company’s stock valued at $447,000 after buying an additional 791 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Golub Capital BDC by 3.3% in the second quarter. Russell Investments Group Ltd. now owns 29,650 shares of the investment management company’s stock valued at $567,000 after buying an additional 960 shares during the last quarter. Finally, Mraz Amerine & Associates Inc. increased its position in shares of Golub Capital BDC by 12.7% in the second quarter. Mraz Amerine & Associates Inc. now owns 16,900 shares of the investment management company’s stock valued at $323,000 after buying an additional 1,900 shares during the last quarter. 45.36% of the stock is owned by institutional investors.

Shares of Golub Capital BDC, Inc. (GBDC) opened at 19.23 on Thursday. Golub Capital BDC, Inc. has a 12-month low of $17.34 and a 12-month high of $20.50. The firm has a 50-day moving average of $19.39 and a 200-day moving average of $19.51.

Golub Capital BDC (NASDAQ:GBDC) last issued its quarterly earnings data on Monday, August 7th. The investment management company reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.03. The business had revenue of $35.40 million for the quarter, compared to the consensus estimate of $35.11 million. Golub Capital BDC had a net margin of 53.62% and a return on equity of 7.86%. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.35 EPS. On average, equities research analysts forecast that Golub Capital BDC, Inc. will post $1.25 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Wednesday, September 6th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 6.66%. The ex-dividend date of this dividend is Friday, September 1st. Golub Capital BDC’s payout ratio is currently 96.24%.

COPYRIGHT VIOLATION NOTICE: “24,005 Shares in Golub Capital BDC, Inc. (GBDC) Acquired by Bank of The Ozarks” was published by Daily Political and is owned by of Daily Political. If you are viewing this piece on another publication, it was illegally copied and republished in violation of U.S. and international copyright laws. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/08/10/24005-shares-in-golub-capital-bdc-inc-gbdc-acquired-by-bank-of-the-ozarks.html.

Several equities analysts have issued reports on the stock. National Securities restated a “neutral” rating and issued a $19.00 price target on shares of Golub Capital BDC in a research report on Wednesday. BidaskClub cut shares of Golub Capital BDC from a “sell” rating to a “strong sell” rating in a research report on Tuesday. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $19.50 price objective on shares of Golub Capital BDC in a research report on Tuesday, July 25th. Zacks Investment Research cut shares of Golub Capital BDC from a “buy” rating to a “hold” rating in a research report on Thursday, May 11th. Finally, Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Golub Capital BDC in a research report on Wednesday, May 10th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $19.60.

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.

Want to see what other hedge funds are holding GBDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Golub Capital BDC, Inc. (NASDAQ:GBDC).

Institutional Ownership by Quarter for Golub Capital BDC (NASDAQ:GBDC)

Receive News & Ratings for Golub Capital BDC Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golub Capital BDC Inc. and related companies with MarketBeat.com's FREE daily email newsletter.