Golub Capital BDC Inc(NASDAQ:GBDC) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $32.11M. Analysts estimated a revenue of $33.01M. Earnings per share were $0.31. Analysts had estimated an EPS of $0.32.
In a different note, On May 13, 2016, Keefe Bruyette & Woods said it Maintains its rating on Golub Capital BDC Inc. In the research note, the firm Raises the price-target to $17.00 per share. The shares have been rated ‘Market Perform’ by the firm.
Golub Capital BDC Inc (GBDC) shares turned negative on Fridays trading session with the shares closing down -0.03 points or -0.16% at a volume of 79,199. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $18.64. The peak price level was also seen at $18.64 while the days lowest was $18.4401. Finally the shares closed at $18.54. The 52-week high of the shares is $19.11 while the 52-week low is $14.8. According to the latest information available, the market cap of the company is $984 M.
Several Insider Transactions has been reported to the SEC. On Aug 2, 2016, John Thomas Baily (director) sold 6,469 shares at $17.09 per share price.Also, On Sep 1, 2015, Lawrence E Golub (Chairman) purchased 499 shares at $16.65 per share price.On Sep 1, 2015, David Golub (CEO) purchased 250 shares at $16.65 per share price, according to the Form-4 filing with the securities and exchange commission.
Golub Capital BDC Inc. is an externally managed closed-end non-diversified management investment company. The Companys investment objective is to generate current income and capital appreciation by investing primarily in senior secured one stop second lien and subordinated loans of and warrants and minority equity securities in United States middle market companies. The Company’s investment activities are managed by the Company’s investment adviser GC Advisors LLC (GC Advisors). As of September 30 2014 its portfolio at fair value was comprised of 19.5% senior secured loans 69.8% one stop loans 4.4% second lien loans 0.3% subordinated loans 3.4% equity and 2.6% of investments in SLF.