Cresset Asset Management LLC Acquires 570,637 Shares of Barings Bdc, Inc. $BBDC

Market Beat
2026.03.05 09:27
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Cresset Asset Management LLC increased its stake in Barings Bdc, Inc. (NYSE:BBDC) by 36.3% in Q3, acquiring 570,637 shares, bringing its total to 2,141,977 shares valued at $18.76 million. Other institutional investors also made new positions in BBDC. The stock is currently trading at $8.35, down 2.6%, with a market cap of $874.33 million. Barings Bdc announced a quarterly dividend of $0.26, yielding 12.5%. Analysts have mixed ratings, with an average target price of $9.67 and a consensus rating of "Moderate Buy."