Barings BDC Inc (BBDC) Insider Barings Llc Buys 24,326 Shares

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Barings BDC Inc (NYSE:BBDC) insider Barings Llc acquired 24,326 shares of the company’s stock in a transaction on Friday, January 11th. The stock was acquired at an average cost of $9.70 per share, for a total transaction of $235,962.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Barings Llc also recently made the following trade(s):

  • On Wednesday, January 9th, Barings Llc acquired 53,800 shares of Barings BDC stock. The stock was acquired at an average cost of $9.73 per share, for a total transaction of $523,474.00.
  • On Monday, January 7th, Barings Llc acquired 73,000 shares of Barings BDC stock. The stock was acquired at an average cost of $9.77 per share, for a total transaction of $713,210.00.
  • On Friday, January 4th, Barings Llc acquired 73,400 shares of Barings BDC stock. The stock was acquired at an average cost of $9.47 per share, for a total transaction of $695,098.00.
  • On Wednesday, January 2nd, Barings Llc purchased 48,461 shares of Barings BDC stock. The stock was purchased at an average cost of $9.21 per share, for a total transaction of $446,325.81.
  • On Monday, December 31st, Barings Llc purchased 73,400 shares of Barings BDC stock. The stock was purchased at an average cost of $9.03 per share, for a total transaction of $662,802.00.
  • On Friday, December 28th, Barings Llc purchased 78,100 shares of Barings BDC stock. The stock was purchased at an average cost of $9.09 per share, for a total transaction of $709,929.00.
  • On Wednesday, December 26th, Barings Llc purchased 63,700 shares of Barings BDC stock. The stock was purchased at an average cost of $8.96 per share, for a total transaction of $570,752.00.
  • On Monday, December 24th, Barings Llc purchased 48,600 shares of Barings BDC stock. The stock was purchased at an average cost of $8.85 per share, for a total transaction of $430,110.00.
  • On Friday, December 21st, Barings Llc purchased 68,600 shares of Barings BDC stock. The stock was purchased at an average cost of $8.94 per share, for a total transaction of $613,284.00.
  • On Wednesday, December 19th, Barings Llc purchased 68,600 shares of Barings BDC stock. The stock was purchased at an average cost of $9.16 per share, for a total transaction of $628,376.00.

Shares of NYSE:BBDC traded up $0.03 during trading on Friday, reaching $9.67. The stock had a trading volume of 140,611 shares, compared to its average volume of 203,313. The company has a debt-to-equity ratio of 1.25, a current ratio of 224.44 and a quick ratio of 224.44. The firm has a market capitalization of $492.33 million, a PE ratio of 6.24 and a beta of 0.75. Barings BDC Inc has a 1-year low of $8.70 and a 1-year high of $12.40.

Barings BDC (NYSE:BBDC) last issued its quarterly earnings results on Thursday, November 8th. The company reported ($0.59) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.63). The firm had revenue of $12.07 million during the quarter, compared to analyst estimates of $8.27 million. Barings BDC had a positive return on equity of 1.51% and a negative net margin of 50.26%. As a group, analysts expect that Barings BDC Inc will post 0.66 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in the stock. Bulldog Investors LLC purchased a new position in Barings BDC during the third quarter worth approximately $7,928,000. Legal & General Group Plc purchased a new position in Barings BDC during the third quarter worth approximately $1,860,000. Finally, BW Gestao de Investimentos Ltda. purchased a new position in Barings BDC during the third quarter worth approximately $451,000. Hedge funds and other institutional investors own 59.25% of the company’s stock.

BBDC has been the topic of a number of research analyst reports. ValuEngine raised Barings BDC from a “hold” rating to a “buy” rating in a research note on Monday, November 12th. TheStreet lowered Barings BDC from a “c-” rating to a “d+” rating in a research note on Thursday, November 29th. Zacks Investment Research raised Barings BDC from a “sell” rating to a “hold” rating in a research note on Tuesday, November 13th. Finally, National Securities reaffirmed a “neutral” rating and issued a $13.00 price target on shares of Barings BDC in a research note on Tuesday, November 13th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $13.00.

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About Barings BDC

Barings BDC, Inc (NYSE:BBDC) is a business development company specializing in private equity and mezzanine investments. It focuses on leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies.

See Also: Differences Between Momentum Investing and Long Term Investing

Insider Buying and Selling by Quarter for Barings BDC (NYSE:BBDC)

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