Shares of Gladstone Investment Corp. (NASDAQ:GAIN) traded down 0.3% on Friday . The company traded as low as $7.31 and last traded at $7.32, with a volume of 124,775 shares trading hands. The stock had previously closed at $7.34.

A number of analysts have weighed in on the company. TheStreet upgraded Gladstone Investment Corp. from a “hold” rating to a “buy” rating in a research note on Friday, June 10th. Janney Montgomery Scott restated a “neutral” rating and issued a $8.00 price target on shares of Gladstone Investment Corp. in a research note on Monday, May 2nd. Finally, Zacks Investment Research cut Gladstone Investment Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, May 24th.

The company has a market capitalization of $221.88 million and a PE ratio of 8.93. The stock has a 50-day moving average of $7.08 and a 200 day moving average of $7.07.

Gladstone Investment Corp. (NASDAQ:GAIN) last released its quarterly earnings data on Tuesday, May 17th. The investment management company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.03. Analysts predict that Gladstone Investment Corp. will post $0.71 earnings per share for the current fiscal year.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 30th. Investors of record on Friday, June 17th were paid a dividend of $0.0625 per share. The ex-dividend date was Wednesday, June 15th. This represents a $0.75 annualized dividend and a yield of 10.23%.

A hedge fund recently raised its stake in Gladstone Investment Corp. stock. LSV Asset Management raised its stake in Gladstone Investment Corp. (NASDAQ:GAIN) by 0.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 508,516 shares of the investment management company’s stock after buying an additional 1,800 shares during the period. LSV Asset Management’s holdings in Gladstone Investment Corp. were worth $3,900,000 as of its most recent SEC filing.

Gladstone Investment Corporation operates as a closed-end, non-diversified management investment company. The Company is a publicly traded business development company that pays monthly dividends to its stockholders and invests in small and medium sized private businesses, seeking to achieve returns from current income and capital gains through debt and equity investments.

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