Barings BDC Inc (NYSE:BBDC) has been given a consensus rating of “Buy” by the seven brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $11.15.

BBDC has been the topic of several recent research reports. National Securities reiterated a “sell” rating and issued a $4.00 price objective on shares of Prospect Capital in a research note on Monday, May 13th. Zacks Investment Research cut shares of ExlService from a “hold” rating to a “sell” rating in a research note on Wednesday.

Large investors have recently modified their holdings of the company. Raymond James & Associates lifted its position in Barings BDC by 2.1% in the 4th quarter. Raymond James & Associates now owns 60,886 shares of the company’s stock valued at $549,000 after acquiring an additional 1,240 shares in the last quarter. Great West Life Assurance Co. Can increased its stake in Barings BDC by 10.6% in the 4th quarter. Great West Life Assurance Co. Can now owns 16,777 shares of the company’s stock valued at $146,000 after buying an additional 1,602 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Barings BDC in the 4th quarter valued at $460,000. Two Sigma Advisers LP acquired a new stake in Barings BDC in the 4th quarter valued at $858,000. Finally, Bank of America Corp DE increased its stake in Barings BDC by 31.6% in the 4th quarter. Bank of America Corp DE now owns 59,289 shares of the company’s stock valued at $535,000 after buying an additional 14,228 shares during the last quarter. Hedge funds and other institutional investors own 40.55% of the company’s stock.

BBDC traded down $0.01 during midday trading on Thursday, hitting $9.91. 2,021 shares of the company traded hands, compared to its average volume of 194,133. The company has a debt-to-equity ratio of 1.06, a quick ratio of 22.46 and a current ratio of 22.46. The firm has a 50-day moving average of $9.92. Barings BDC has a 52 week low of $8.70 and a 52 week high of $12.39.

Barings BDC (NYSE:BBDC) last posted its earnings results on Thursday, May 9th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.01. Barings BDC had a negative net margin of 131.87% and a negative return on equity of 0.80%. The business had revenue of $18.34 million for the quarter, compared to analysts’ expectations of $18.02 million. Research analysts forecast that Barings BDC will post 0.68 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 19th. Stockholders of record on Wednesday, June 12th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 5.25%. The ex-dividend date was Tuesday, June 11th. This is a boost from Barings BDC’s previous quarterly dividend of $0.12.

Barings BDC Company Profile

Barings BDC, Inc (NYSE:BBDC) is a business development company specializing in private equity and mezzanine investments. It focuses on leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies.

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