Golub Capital (NASDAQ:GBDC) Rating Increased
Golub Capital (NASDAQ:GBDC)’s rating was upped by equity analysts at National Securities from a Neutral rating to a Buy rating in an analyst note revealed on Monday, 12 February.
Despite the rating upgrade NASDAQ:GBDC is currently trading -0.69% lower at $18.80 as of 2:03 PM New York time. Golub Capital shares have [From2] 0% in the past 200 days, while the S&P500 has risen 6.00% in the same time.
According to data compiled by Thomson Reuters, Golub Capital (NASDAQ:GBDC)’s stock is covered by 5 equity analysts across the Street, with 0 analysts giving it a Sell rating, 3 a Buy rating, while 3 consider it a Hold. The 12-month consensus target price for the stock is $17.8, which reflects an downside potential of 5.32% over the current price.
Muzinich & Co. Inc. had the largest stake with ownership of 1.11M shares as of Q2 2015 for 5.32% of the stock exposure. Yorktown Management & Research Co Inc is another quite bullish fund who is owning 360,000 shares of Golub Capital or 1.46% of their stock exposure. Furthermore, Neville Rodie & Shaw Inc have 0.8% of their stock exposure invested in the company for 364,216 shares. The Massachusetts-based fund Clough Capital Partners L P revealed it had bought so far a stake worth about 0.71% of the fund’s stock portfolio in Golub Capital. The Connecticut-based fund Cardinal Capital Management Llc Ct is also positive about the stock, possessing 731,757 shares or 0.68% of their stock exposure.
Golub Capital (NASDAQ:GBDC) Profile
Golub Capital BDC, Inc. is an externally managed, non-diversified, closed-end, management investment company. The Company’s investment objective is to generate current income and capital appreciation by investing primarily in senior secured and one stop loans of the United States middle-market companies. It may also selectively invest in second lien and subordinated loans of, and warrants and minority equity securities in the United States middle-market companies.
Golub Capital (NASDAQ:GBDC) traded down -0.69% on 12 February, hitting $18.8. A total of 138,011 shares of the company’s stock traded hands. This is up from average of 136,161 shares. Golub Capital has a 52 week low of $17.34 and a 52 week high of $20.5. The company has a market cap of $1.12B and a P/E ratio of 13.74.
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