Barings BDC, Inc. (NYSE:BBDC) CFO Elizabeth A. Murray Buys 2,000 Shares of Stock

Barings BDC, Inc. (NYSE:BBDC) CFO Elizabeth A. Murray acquired 2,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was purchased at an average price of $9.70 per share, for a total transaction of $19,400.00. Following the completion of the purchase, the chief financial officer now directly owns 20,805 shares in the company, valued at $201,808.50. This trade represents a 10.64 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Barings BDC Stock Performance

Shares of BBDC opened at $9.71 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.11 and a current ratio of 0.11. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 8.99 and a beta of 0.68. Barings BDC, Inc. has a 52-week low of $8.55 and a 52-week high of $10.38. The stock’s 50-day simple moving average is $9.86 and its 200 day simple moving average is $9.87.

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

Barings BDC Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Wednesday, December 4th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 10.72%. The ex-dividend date was Wednesday, December 4th. Barings BDC’s dividend payout ratio (DPR) is currently 96.30%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Nomura Asset Management Co. Ltd. bought a new stake in Barings BDC in the third quarter worth $26,000. nVerses Capital LLC increased its holdings in shares of Barings BDC by 50.0% in the third quarter. nVerses Capital LLC now owns 3,300 shares of the company’s stock worth $32,000 after buying an additional 1,100 shares during the period. Asset Dedication LLC bought a new stake in shares of Barings BDC in the 2nd quarter valued at about $36,000. Ashton Thomas Private Wealth LLC purchased a new stake in Barings BDC during the 2nd quarter valued at about $86,000. Finally, MML Investors Services LLC bought a new position in Barings BDC during the 3rd quarter worth approximately $99,000. 44.09% of the stock is currently owned by institutional investors.

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.