Gladstone Capital Co. (NASDAQ:GLAD) has been assigned a consensus recommendation of “Hold” from the six ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $8.50.

Several research firms have recently weighed in on GLAD. TheStreet downgraded Gladstone Capital from a “b” rating to a “c” rating in a research note on Friday, August 23rd. Zacks Investment Research upgraded Gladstone Capital from a “sell” rating to a “hold” rating in a research note on Thursday, July 11th. Finally, BidaskClub upgraded Gladstone Capital from a “hold” rating to a “buy” rating in a research note on Thursday.

A number of institutional investors and hedge funds have recently modified their holdings of GLAD. Summit Global Investments raised its holdings in shares of Gladstone Capital by 1.5% in the 2nd quarter. Summit Global Investments now owns 74,682 shares of the investment management company’s stock valued at $701,000 after acquiring an additional 1,100 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its holdings in shares of Gladstone Capital by 2.0% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 59,875 shares of the investment management company’s stock valued at $562,000 after acquiring an additional 1,176 shares in the last quarter. Boston Partners raised its holdings in shares of Gladstone Capital by 3.5% in the 1st quarter. Boston Partners now owns 68,451 shares of the investment management company’s stock valued at $617,000 after acquiring an additional 2,313 shares in the last quarter. Marshall Wace North America L.P. purchased a new stake in shares of Gladstone Capital in the 1st quarter valued at about $39,000. Finally, Novare Capital Management LLC raised its holdings in shares of Gladstone Capital by 3.5% in the 2nd quarter. Novare Capital Management LLC now owns 129,715 shares of the investment management company’s stock valued at $1,217,000 after acquiring an additional 4,340 shares in the last quarter. 13.34% of the stock is currently owned by institutional investors and hedge funds.

Shares of GLAD stock traded up $0.04 on Monday, hitting $9.55. 121,391 shares of the stock were exchanged, compared to its average volume of 98,938. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $281.48 million, a PE ratio of 11.42 and a beta of 1.17. Gladstone Capital has a one year low of $6.41 and a one year high of $9.66. The firm’s 50 day moving average is $9.39 and its two-hundred day moving average is $9.32.

Gladstone Capital (NASDAQ:GLAD) last posted its quarterly earnings results on Monday, August 5th. The investment management company reported $0.21 earnings per share for the quarter, hitting the consensus estimate of $0.21. The company had revenue of $12.89 million during the quarter, compared to the consensus estimate of $12.42 million. Gladstone Capital had a return on equity of 10.20% and a net margin of 9.41%. On average, sell-side analysts expect that Gladstone Capital will post 0.84 earnings per share for the current year.

The business also recently disclosed a dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 17th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, September 16th. Gladstone Capital’s dividend payout ratio (DPR) is 98.82%.

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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