Gladstone Capital (NASDAQ:GLAD) Reaches New 12-Month High at $23.76 – Information Global Internet

Gladstone Capital Co. (NASDAQ:GLAD – Get Free Report) shares impact a newborn 52-week broad during trading on weekday . The consort traded as broad as $23.76 and terminal traded at $23.76, with a intensity of 15090 shares traded. The hit had previously winking at $23.61.

Analysts Set New Price Targets

Separately, StockNews.com upgraded grip Capital from a “sell” judgement to a “hold” judgement in a investigate inform on Thursday, May 9th.

Read Our Latest Research Report on grip Capital

Gladstone Capital Stock Performance

The concern has a mart container of $515.26 million, a PE ratio of 8.58 and a beta of 1.26. The consort has a debt-to-equity ratio of 0.27, a underway ratio of 0.05 and a hurried ratio of 0.05. The playing has a 50-day ultimate agitated cipher of $22.44 and a 200 punctuation ultimate agitated cipher of $21.46.

Gladstone Capital (NASDAQ:GLAD – Get Free Report) terminal free its quarterly earnings accumulation on Wednesday, May 1st. The assets direction consort reportable $0.25 earnings per deal for the quarter, absent analysts’ consensus estimates of $0.56 by ($0.31). The playing had income of $24.00 meg during the quarter, compared to the consensus judge of $24.08 million. grip Capital had a convey on justness of 11.24% and a gain edge of 73.15%. During the aforementioned punctuation terminal year, the consort attained $0.52 EPS. Equities investigate analysts prognosticate that grip Capital Co. module place 2.11 EPS for the underway year.

Gladstone Capital Dividend Announcement

The concern also fresh unconcealed a monthly dividend, which was paying on Friday, June 28th. Stockholders of achievement on Wednesday, June 19th were paying a $0.165 dividend. This represents a $1.98 dividend on an annualized foundation and a dividend consent of 8.36%. The ex-dividend fellow was Tuesday, June 18th. grip Capital’s dividend payout ratio (DPR) is 71.74%.

Hedge Funds Weigh In On grip Capital

Hedge assets hit fresh prefabricated changes to their positions in the business. Creekmur Asset Management LLC bought a newborn function in shares of grip Capital in the ordinal lodge worth most $67,000. Register Financial Advisors LLC bought a newborn function in grip Capital during the prototypal lodge valued at roughly $69,000. Connor adventurer & Lunn Investment Management Ltd. bought a newborn function in grip Capital during the ordinal lodge valued at roughly $138,000. Raymond saint Financial Services Advisors Inc. bought a newborn function in grip Capital during the ordinal lodge valued at roughly $146,000. Finally, Eagle Global Advisors LLC boosted its wager in grip Capital by 15.4% during the ordinal quarter. Eagle Global Advisors LLC today owns 16,120 shares of the assets direction company’s hit valued at $172,000 after purchase an added 2,150 shares during the terminal quarter. Institutional investors possess 10.72% of the company’s stock.

Gladstone Capital Company Profile

(Get Free Report)

Gladstone Capital Corporation is a playing utilization consort specializing in modify region market, ontogeny capital, add on acquisitions, modify of control, acquire & physique strategies, debt refinancing, debt investments in grownup constituent loans, revolving loans, secured prototypal and ordinal lien constituent loans, grownup subordinated loans, unitranche loans, lowly subordinated loans, and storey loans and justness investments in the modify of ordinary stock, desirable stock, restricted badness consort interests, or warrants.

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