Cozad Asset Management Inc. Has $152,000 Position in Barings BDC, Inc. (NYSE:BBDC)

Cozad Asset Management Inc. raised its stake in Barings BDC, Inc. (NYSE:BBDC) by 14.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,874 shares of the company’s stock after purchasing an additional 2,000 shares during the period. Cozad Asset Management Inc.’s holdings in Barings BDC were worth $152,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Stifel Financial Corp grew its stake in shares of Barings BDC by 1.6% in the third quarter. Stifel Financial Corp now owns 64,110 shares of the company’s stock valued at $628,000 after acquiring an additional 1,017 shares in the last quarter. Koshinski Asset Management Inc. grew its stake in shares of Barings BDC by 2.8% in the fourth quarter. Koshinski Asset Management Inc. now owns 47,158 shares of the company’s stock valued at $451,000 after acquiring an additional 1,282 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Barings BDC by 4.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 39,478 shares of the company’s stock valued at $378,000 after acquiring an additional 1,565 shares in the last quarter. Stephens Inc. AR grew its stake in shares of Barings BDC by 11.2% in the fourth quarter. Stephens Inc. AR now owns 19,133 shares of the company’s stock valued at $183,000 after acquiring an additional 1,930 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Barings BDC by 393.7% in the third quarter. JPMorgan Chase & Co. now owns 2,582 shares of the company’s stock valued at $25,000 after acquiring an additional 2,059 shares in the last quarter. 44.09% of the stock is currently owned by institutional investors and hedge funds.

Barings BDC Trading Down 0.2 %

BBDC stock opened at $9.39 on Wednesday. The company has a market capitalization of $989.26 million, a PE ratio of 9.02 and a beta of 0.66. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.14 and a current ratio of 0.14. Barings BDC, Inc. has a 52 week low of $8.95 and a 52 week high of $10.85. The company’s 50-day simple moving average is $9.93 and its 200 day simple moving average is $9.84.

Barings BDC (NYSE:BBDC) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The firm had revenue of $70.63 million for the quarter, compared to analyst estimates of $69.35 million. Barings BDC had a return on equity of 10.94% and a net margin of 38.54%. As a group, sell-side analysts anticipate that Barings BDC, Inc. will post 1.13 earnings per share for the current year.

Barings BDC Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, March 5th were issued a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 11.08%. Barings BDC’s dividend payout ratio (DPR) is currently 100.00%.

About Barings BDC

Barings BDC, Inc is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.