Barings BDC (BBDC) Projected to Post Earnings on Thursday

Barings BDC (NYSE:BBDC) will likely be issuing its quarterly earnings data after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $69.35 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Barings BDC Price Performance

Shares of BBDC opened at $10.35 on Wednesday. Barings BDC has a fifty-two week low of $8.96 and a fifty-two week high of $10.40. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 9.58 and a beta of 0.69. The firm has a 50-day simple moving average of $9.75 and a 200-day simple moving average of $9.82. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.11 and a current ratio of 0.11.

Insider Transactions at Barings BDC

In other news, Director Stephen R. Byers acquired 8,485 shares of Barings BDC stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average price of $9.73 per share, for a total transaction of $82,559.05. Following the completion of the transaction, the director now directly owns 50,001 shares in the company, valued at approximately $486,509.73. This trade represents a 20.44 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael James O’connor sold 29,424 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $9.70, for a total transaction of $285,412.80. The disclosure for this sale can be found here. Over the last quarter, insiders acquired 14,048 shares of company stock worth $136,772. Company insiders own 0.45% of the company’s stock.

Barings BDC Company Profile

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.