Barings BDC, Inc. (NYSE:BBDC) CFO Acquires $19,400.00 in Stock

Barings BDC, Inc. (NYSE:BBDC) CFO Elizabeth A. Murray purchased 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was bought at an average price of $9.70 per share, for a total transaction of $19,400.00. Following the acquisition, the chief financial officer now owns 20,805 shares of the company’s stock, valued at $201,808.50. This represents a 10.64 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Barings BDC Price Performance

Shares of BBDC stock opened at $9.71 on Friday. The business’s fifty day moving average is $9.86 and its 200 day moving average is $9.87. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.29. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 8.99 and a beta of 0.68. Barings BDC, Inc. has a twelve month low of $8.55 and a twelve month high of $10.38.

Barings BDC (NYSE:BBDC) last released its earnings results on Wednesday, November 6th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.01). Barings BDC had a net margin of 39.59% and a return on equity of 11.24%. The business had revenue of $70.85 million for the quarter, compared to analysts’ expectations of $70.48 million. During the same quarter in the previous year, the business posted $0.31 earnings per share. Research analysts expect that Barings BDC, Inc. will post 1.24 EPS for the current fiscal year.

Barings BDC Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Wednesday, December 4th were paid a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, December 4th. This represents a $1.04 annualized dividend and a dividend yield of 10.72%. Barings BDC’s dividend payout ratio is presently 96.30%.

Institutional Investors Weigh In On Barings BDC

Several institutional investors and hedge funds have recently made changes to their positions in BBDC. Stifel Financial Corp lifted its stake in Barings BDC by 1.6% during the 3rd 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 during the period. Sound Income Strategies LLC boosted its holdings in Barings BDC by 9.3% in the third quarter. Sound Income Strategies LLC now owns 12,877 shares of the company’s stock worth $126,000 after purchasing an additional 1,097 shares during the last quarter. nVerses Capital LLC grew its position in Barings BDC by 50.0% in the 3rd quarter. nVerses Capital LLC now owns 3,300 shares of the company’s stock worth $32,000 after purchasing an additional 1,100 shares during the period. ProShare Advisors LLC raised its stake in Barings BDC by 8.0% during the 2nd quarter. ProShare Advisors LLC now owns 14,895 shares of the company’s stock valued at $145,000 after buying an additional 1,101 shares during the last quarter. Finally, SeaCrest Wealth Management LLC lifted its holdings in shares of Barings BDC by 6.7% during the 2nd quarter. SeaCrest Wealth Management LLC now owns 19,169 shares of the company’s stock valued at $187,000 after buying an additional 1,200 shares during the period. Institutional investors own 44.09% of the company’s stock.

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.