Barings BDC (BBDC) Expected to Announce Quarterly Earnings on Thursday

Barings BDC (NYSE:BBDC) is expected to be announcing its earnings results 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. Investors that wish to register for the company’s conference call can do so using this link.

Barings BDC Trading Down 0.7 %

Barings BDC stock opened at $10.23 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.11 and a quick ratio of 0.11. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 9.47 and a beta of 0.69. Barings BDC has a one year low of $8.86 and a one year high of $10.38. The company’s fifty day moving average price is $9.75 and its two-hundred day moving average price is $9.82.

Insider Buying and Selling at Barings BDC

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