Atria Investments Inc Boosts Stake in Golub Capital BDC, Inc. (NASDAQ:GBDC)

Atria Investments Inc lifted its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 9.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 97,163 shares of the investment management company’s stock after purchasing an additional 8,273 shares during the period. Atria Investments Inc’s holdings in Golub Capital BDC were worth $1,468,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. SpiderRock Advisors LLC acquired a new stake in Golub Capital BDC during the third quarter worth about $621,000. Confluence Investment Management LLC boosted its holdings in Golub Capital BDC by 2.8% during the third quarter. Confluence Investment Management LLC now owns 345,613 shares of the investment management company’s stock worth $5,222,000 after buying an additional 9,494 shares in the last quarter. Catalina Capital Group LLC bought a new stake in Golub Capital BDC during the third quarter worth approximately $187,000. Global Wealth Management Investment Advisory Inc. boosted its holdings in Golub Capital BDC by 51.1% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 65,920 shares of the investment management company’s stock worth $996,000 after buying an additional 22,304 shares in the last quarter. Finally, United Advisor Group LLC boosted its stake in Golub Capital BDC by 6.5% in the 3rd quarter. United Advisor Group LLC now owns 184,076 shares of the investment management company’s stock worth $2,781,000 after purchasing an additional 11,293 shares during the period. Institutional investors own 42.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on GBDC shares. Oppenheimer reaffirmed an “outperform” rating and issued a $17.00 price objective on shares of Golub Capital BDC in a research note on Wednesday, August 7th. StockNews.com raised shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Thursday, October 10th. Keefe, Bruyette & Woods decreased their price objective on shares of Golub Capital BDC from $17.50 to $16.50 and set an “outperform” rating for the company in a research note on Wednesday, August 7th. Finally, Wells Fargo & Company raised their price objective on shares of Golub Capital BDC from $15.00 to $15.50 and gave the stock an “equal weight” rating in a research note on Tuesday, October 29th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.50.

Golub Capital BDC Stock Performance

Shares of NASDAQ:GBDC opened at $15.40 on Friday. The firm has a fifty day moving average of $15.15 and a two-hundred day moving average of $15.48. The firm has a market capitalization of $2.64 billion, a P/E ratio of 9.33 and a beta of 0.54. Golub Capital BDC, Inc. has a 12-month low of $14.05 and a 12-month high of $17.72. The company has a quick ratio of 5.01, a current ratio of 5.01 and a debt-to-equity ratio of 1.06.

Insider Buying and Selling at Golub Capital BDC

In other Golub Capital BDC news, CEO David Golub purchased 20,000 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were acquired at an average price of $14.70 per share, for a total transaction of $294,000.00. Following the acquisition, the chief executive officer now owns 1,758,880 shares of the company’s stock, valued at $25,855,536. This trade represents a 1.15 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders purchased 100,000 shares of company stock valued at $1,491,400 in the last quarter. Company insiders own 2.70% of the company’s stock.

Golub Capital BDC Company Profile

Golub Capital BDC, Inc (GBDC) 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.