Gladstone Capital Co. (NASDAQ:GLAD) has received an average rating of “Hold” from the six brokerages that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $8.50.

Several equities analysts recently issued reports on the company. Zacks Investment Research lowered Gladstone Capital from a “hold” rating to a “sell” rating in a research note on Monday. TheStreet downgraded Gladstone Capital from a “b” rating to a “c” rating in a research report on Friday, August 23rd. Finally, BidaskClub downgraded Gladstone Capital from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 23rd.

NASDAQ GLAD opened at $10.39 on Friday. The company’s fifty day moving average is $10.08 and its two-hundred day moving average is $9.57. Gladstone Capital has a 52-week low of $6.41 and a 52-week high of $10.69. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.36 and a quick ratio of 0.36. The firm has a market capitalization of $315.90 million, a price-to-earnings ratio of 12.39 and a beta of 1.15.

Gladstone Capital (NASDAQ:GLAD) last announced its quarterly earnings data on Wednesday, November 13th. The investment management company reported $0.21 EPS for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.01). Gladstone Capital had a net margin of 39.71% and a return on equity of 10.26%. The company had revenue of $12.72 million for the quarter, compared to analyst estimates of $12.66 million. As a group, sell-side analysts expect that Gladstone Capital will post 0.85 earnings per share for the current fiscal year.

The firm also recently declared a dividend, which was paid on Friday, November 29th. Shareholders of record on Tuesday, November 19th were paid a dividend of $0.07 per share. The ex-dividend date was Monday, November 18th. Gladstone Capital’s dividend payout ratio is currently 100.00%.

Institutional investors have recently made changes to their positions in the business. Marshall Wace North America L.P. acquired a new position in shares of Gladstone Capital in the 1st quarter valued at $39,000. TCI Wealth Advisors Inc. raised its position in Gladstone Capital by 58.5% in the third quarter. TCI Wealth Advisors Inc. now owns 5,681 shares of the investment management company’s stock worth $55,000 after purchasing an additional 2,096 shares in the last quarter. Prospera Financial Services Inc acquired a new position in Gladstone Capital in the second quarter worth about $87,000. Winslow Evans & Crocker Inc. raised its position in Gladstone Capital by 115.2% in the second quarter. Winslow Evans & Crocker Inc. now owns 9,900 shares of the investment management company’s stock worth $94,000 after purchasing an additional 5,300 shares in the last quarter. Finally, Good Life Advisors LLC bought a new position in Gladstone Capital during the second quarter worth about $115,000. 12.46% of the stock is currently owned by hedge funds and other institutional investors.

About Gladstone Capital

Gladstone Capital Corporation is a private equity and a venture capital fund specializing in lower middle market, growth capital, add on acquisitions, debt investments in senior loans, second lien loans, senior subordinated loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants.

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