Advisor Group Inc. Has $102,000 Position in Gladstone Capital Co. (GLAD)

Advisor Group Inc. lifted its stake in shares of Gladstone Capital Co. (NASDAQ:GLAD) by 156.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,160 shares of the investment management company’s stock after purchasing an additional 6,815 shares during the quarter. Advisor Group Inc.’s holdings in Gladstone Capital were worth $102,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in GLAD. Arrowstreet Capital Limited Partnership increased its stake in Gladstone Capital by 482.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 212,735 shares of the investment management company’s stock worth $1,959,000 after acquiring an additional 176,188 shares during the last quarter. BlackRock Inc. increased its stake in Gladstone Capital by 9.6% in the 4th quarter. BlackRock Inc. now owns 158,482 shares of the investment management company’s stock worth $1,460,000 after acquiring an additional 13,888 shares during the last quarter. D.A. Davidson & CO. increased its stake in Gladstone Capital by 63.7% in the 4th quarter. D.A. Davidson & CO. now owns 36,456 shares of the investment management company’s stock worth $336,000 after acquiring an additional 14,185 shares during the last quarter. Mckinley Capital Management LLC Delaware increased its stake in Gladstone Capital by 8.5% in the 4th quarter. Mckinley Capital Management LLC Delaware now owns 136,864 shares of the investment management company’s stock worth $1,260,000 after acquiring an additional 10,724 shares during the last quarter. Finally, Bank of Montreal Can increased its stake in Gladstone Capital by 15.6% in the 4th quarter. Bank of Montreal Can now owns 245,000 shares of the investment management company’s stock worth $2,256,000 after acquiring an additional 33,000 shares during the last quarter. Institutional investors own 13.63% of the company’s stock.

In other news, President Robert L. Marcotte acquired 11,400 shares of the business’s stock in a transaction dated Thursday, February 8th. The stock was purchased at an average cost of $9.04 per share, for a total transaction of $103,056.00. Following the acquisition, the president now owns 405,517 shares of the company’s stock, valued at $3,665,873.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders bought a total of 13,729 shares of company stock valued at $124,164 over the last quarter. Company insiders own 5.89% of the company’s stock.



GLAD opened at $8.63 on Thursday. Gladstone Capital Co. has a 12-month low of $7.80 and a 12-month high of $10.12. The company has a debt-to-equity ratio of 0.58, a current ratio of 5.96 and a quick ratio of 5.96. The stock has a market capitalization of $230.37, a PE ratio of 10.27 and a beta of 1.09.

Gladstone Capital (NASDAQ:GLAD) last posted its quarterly earnings data on Monday, February 5th. The investment management company reported $0.21 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.21. Gladstone Capital had a return on equity of 9.97% and a net margin of 58.48%. The firm had revenue of $10.86 million during the quarter, compared to analysts’ expectations of $10.72 million. equities research analysts expect that Gladstone Capital Co. will post 0.86 EPS for the current year.

The company also recently disclosed a monthly dividend, which will be paid on Monday, April 30th. Stockholders of record on Friday, April 20th will be issued a $0.07 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.73%. The ex-dividend date is Thursday, April 19th. Gladstone Capital’s payout ratio is currently 100.00%.

GLAD has been the topic of a number of research analyst reports. National Securities upgraded Gladstone Capital from a “sell” rating to a “neutral” rating and set a $8.00 target price on the stock in a research note on Tuesday, February 6th. Ladenburg Thalmann upgraded Gladstone Capital from a “neutral” rating to a “buy” rating in a research note on Wednesday, February 7th. TheStreet lowered Gladstone Capital from a “b” rating to a “c+” rating in a research note on Tuesday, February 6th. ValuEngine upgraded Gladstone Capital from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 7th. Finally, Zacks Investment Research upgraded Gladstone Capital from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a research note on Wednesday. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $9.10.

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Gladstone Capital Profile

Gladstone Capital Corporation is a closed-end, non-diversified management investment company, operating as a business development company (BDC). The objectives of the Company are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time, and to provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that it believes can grow over time to permit it to sell its equity investments for capital gains.

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Institutional Ownership by Quarter for Gladstone Capital (NASDAQ:GLAD)

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