Several major investors have recently changed their holdings of Gladstone Capital (NASDAQ: GLAD). nVerses Capital LLC bought a new stake valued at $37,000 in Q2, and Creekmur Asset Management LLC invested $67,000 in Q4. Register Financial Advisors LLC acquired shares worth $69,000 in Q1, while National Bank of Canada FI purchased a position worth $98,000 in Q2. Additionally, Atomi Financial Group Inc. increased its holdings by 10.4% in Q1, now owning 27,748 shares valued at $298,000. Currently, hedge funds and institutional investors hold 10.72% of the stock.
Gladstone Capital Stock Performance
Gladstone Capital shares were at $23.97 on Friday, with a market cap of $521.44 million, a PE ratio of 8.68, and a beta of 1.26. The stock’s 12-month low is $18.40, and its high is $24.73. It has a debt-to-equity ratio of 0.15, a current ratio of 0.02, and a quick ratio of 0.02, with moving averages of $23.08 (50-day) and $22.47 (200-day).
Gladstone Capital reported $0.57 EPS on August 7, exceeding estimates of $0.53. With a net margin of 78.40% and a return on equity of 10.87%, its revenue for the quarter was $25.69 million, surpassing the forecast of $24.69 million. Analysts predict earnings of $2.14 per share for the current year.
Gladstone Capital Dividend Announcement
The company announced a monthly dividend of $0.165 per share, paid on September 30 to record holders on September 20. This annualizes to $1.98, providing a yield of 8.26%, with a payout ratio of 71.74%.
Gladstone Capital Company Profile
Gladstone Capital Corporation focuses on investments in lower middle-market companies through growth capital, buyouts, refinancing, and various debt and equity instruments.
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