29,550 Shares in Gladstone Capital Co. (NASDAQ:GLAD) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new position in shares of Gladstone Capital Co. (NASDAQ:GLAD - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 29,550 shares of the investment management company's stock, valued at approximately $840,000. Raymond James Financial Inc. owned about 0.13% of Gladstone Capital at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GLAD. Jane Street Group LLC bought a new position in Gladstone Capital during the 3rd quarter worth about $485,000. Atomi Financial Group Inc. bought a new stake in Gladstone Capital during the 4th quarter worth about $510,000. Fortress Financial Solutions LLC bought a new position in shares of Gladstone Capital in the 4th quarter valued at about $438,000. LPL Financial LLC raised its stake in shares of Gladstone Capital by 8.5% during the 4th quarter. LPL Financial LLC now owns 154,580 shares of the investment management company's stock worth $4,396,000 after purchasing an additional 12,064 shares in the last quarter. Finally, Kingsview Wealth Management LLC bought a new position in shares of Gladstone Capital in the 4th quarter valued at about $322,000. 10.72% of the stock is owned by institutional investors.

Gladstone Capital Stock Down 0.2 %

GLAD opened at $25.35 on Tuesday. Gladstone Capital Co. has a 1-year low of $21.40 and a 1-year high of $30.43. The stock has a market cap of $566.07 million, a PE ratio of 6.20 and a beta of 1.05. The stock's fifty day simple moving average is $26.12 and its 200 day simple moving average is $27.08. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.13.

Gladstone Capital (NASDAQ:GLAD - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The investment management company reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.03). Gladstone Capital had a return on equity of 10.00% and a net margin of 106.59%. As a group, research analysts expect that Gladstone Capital Co. will post 2.03 earnings per share for the current year.

Gladstone Capital Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, April 30th. Investors of record on Tuesday, April 22nd were issued a $0.165 dividend. The ex-dividend date of this dividend was Monday, April 21st. This represents a yield of 8.27%. Gladstone Capital's dividend payout ratio (DPR) is presently 48.41%.

Gladstone Capital Profile

Gladstone Capital Corporation is a business development company specializing in lower middle market, growth capital, add on acquisitions, change of control, buy & build strategies, debt refinancing, debt investments in senior term loans, revolving loans, secured first and second lien term loans, senior subordinated loans, unitranche 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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