Northern Oak Wealth Management Inc. Purchases New Stake in Golub Capital BDC Inc (GBDC)

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Northern Oak Wealth Management Inc. purchased a new stake in shares of Golub Capital BDC Inc (NASDAQ:GBDC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,600 shares of the investment management company’s stock, valued at approximately $76,000.

Several other hedge funds have also recently modified their holdings of the company. Neuberger Berman Group LLC grew its holdings in shares of Golub Capital BDC by 1.3% in the 3rd quarter. Neuberger Berman Group LLC now owns 49,799 shares of the investment management company’s stock worth $933,000 after acquiring an additional 658 shares during the last quarter. San Francisco Sentry Investment Group CA grew its holdings in shares of Golub Capital BDC by 7.4% in the 4th quarter. San Francisco Sentry Investment Group CA now owns 12,185 shares of the investment management company’s stock worth $201,000 after acquiring an additional 835 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Golub Capital BDC by 5.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 17,378 shares of the investment management company’s stock worth $287,000 after acquiring an additional 849 shares during the last quarter. WealthTrust Arizona LLC acquired a new position in shares of Golub Capital BDC in the 4th quarter worth $27,000. Finally, Great West Life Assurance Co. Can grew its holdings in shares of Golub Capital BDC by 10.5% in the 4th quarter. Great West Life Assurance Co. Can now owns 17,918 shares of the investment management company’s stock worth $285,000 after acquiring an additional 1,709 shares during the last quarter. Institutional investors own 39.50% of the company’s stock.

A number of equities analysts recently issued reports on GBDC shares. BidaskClub upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Wednesday, January 16th. National Securities reaffirmed a “buy” rating and issued a $22.00 target price on shares of Golub Capital BDC in a research report on Monday, February 11th. Finally, Zacks Investment Research cut Golub Capital BDC from a “buy” rating to a “hold” rating in a research report on Tuesday, February 12th.

Shares of Golub Capital BDC stock opened at $17.80 on Tuesday. The firm has a market capitalization of $1.08 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 6.91 and a beta of 0.65. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.00. Golub Capital BDC Inc has a 12 month low of $16.21 and a 12 month high of $19.89.

Golub Capital BDC (NASDAQ:GBDC) last issued its earnings results on Wednesday, February 6th. The investment management company reported $0.32 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.32. The business had revenue of $39.41 million during the quarter, compared to analysts’ expectations of $39.39 million. Golub Capital BDC had a return on equity of 8.03% and a net margin of 50.99%. During the same quarter last year, the firm posted $0.32 earnings per share. As a group, analysts predict that Golub Capital BDC Inc will post 1.29 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Thursday, March 7th will be given a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, March 6th. This represents a $1.28 annualized dividend and a dividend yield of 7.19%. Golub Capital BDC’s dividend payout ratio (DPR) is presently 99.22%.

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About Golub Capital BDC

Golub Capital BDC, Inc 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. The company seeks to invest in the United States.

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

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