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Elizabeth A. Murray, the Chief Financial Officer and Chief Operating Officer of Barings BDC, Inc. (NYSE:BBDC), recently purchased a significant amount of the company’s stock. According to the latest SEC filing, Murray acquired 3,400 shares of Barings BDC common stock on June 6, at a price of $8.84 per share. The business development company, currently trading at $9.13, offers an attractive 11.7% dividend yield and has maintained dividend payments for 19 consecutive years, according to InvestingPro data. This transaction totaled approximately $30,056. Following this purchase, Murray’s total holdings in the company amount to 25,386 shares. With a market capitalization of $963 million and analyst price targets ranging from $9.50 to $11.25, BBDC currently trades at a P/E ratio of 9.7x. For comprehensive insider trading analysis and additional insights, InvestingPro subscribers can access the detailed Pro Research Report available for this stock.
In other recent news, Barings BDC Inc. reported its first-quarter 2025 earnings, which fell short of analysts’ expectations. The company announced an earnings per share (EPS) of $0.25, missing the anticipated $0.28, and revenue of $64.44 million, below the projected $67.5 million. Despite these challenges, Barings BDC maintained a stable Net Asset Value (NAV) per share at $11.29. The company continues to make strategic investments, notably focusing on Rocade and Eclipse, while divesting legacy assets. Additionally, Barings BDC has terminated a credit support agreement related to the MVC Capital (NYSE:MVC) transaction for a maximum consideration of $23 million. This move is expected to enhance the core earnings power of the portfolio by rotating capital into income-producing investments. The company’s net leverage ratio stands at 1.24x, within its target range of 0.9-1.25x. Looking ahead, Barings BDC anticipates reduced transaction activity in the second quarter due to market uncertainties.
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