Two Sigma Advisers LP Sells 29,300 Shares of Gladstone Capital Co. (NASDAQ:GLAD)

Two Sigma Advisers LP trimmed its holdings in shares of Gladstone Capital Co. (NASDAQ:GLAD - Free Report) by 18.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 131,429 shares of the investment management company's stock after selling 29,300 shares during the period. Two Sigma Advisers LP owned approximately 0.59% of Gladstone Capital worth $3,738,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in GLAD. Private Trust Co. NA increased its position in shares of Gladstone Capital by 65.9% during the fourth quarter. Private Trust Co. NA now owns 1,573 shares of the investment management company's stock valued at $45,000 after acquiring an additional 625 shares in the last quarter. Register Financial Advisors LLC bought a new stake in shares of Gladstone Capital during the fourth quarter valued at approximately $92,000. Wedbush Securities Inc. bought a new stake in shares of Gladstone Capital during the fourth quarter valued at approximately $209,000. XTX Topco Ltd bought a new stake in shares of Gladstone Capital during the fourth quarter valued at approximately $241,000. Finally, Aquatic Capital Management LLC bought a new stake in shares of Gladstone Capital during the fourth quarter valued at approximately $246,000. 10.72% of the stock is currently owned by hedge funds and other institutional investors.

Gladstone Capital Stock Up 0.3%

Shares of GLAD traded up $0.08 on Friday, hitting $26.66. 81,541 shares of the stock traded hands, compared to its average volume of 116,625. The company has a market capitalization of $595.32 million, a PE ratio of 6.52 and a beta of 1.00. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.04 and a current ratio of 0.04. The business has a 50 day simple moving average of $25.63 and a 200 day simple moving average of $27.27. Gladstone Capital Co. has a one year low of $21.40 and a one year high of $30.43.

Gladstone Capital (NASDAQ:GLAD - Get Free Report) last posted its earnings results on Tuesday, May 6th. The investment management company reported $0.50 EPS for the quarter, hitting analysts' consensus estimates of $0.50. Gladstone Capital had a net margin of 106.59% and a return on equity of 10.00%. The business had revenue of $21.57 million during the quarter, compared to the consensus estimate of $22.95 million. As a group, equities analysts forecast that Gladstone Capital Co. will post 2.03 earnings per share for the current fiscal year.

Gladstone Capital Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 22nd were given a $0.165 dividend. This represents a yield of 7.57%. The ex-dividend date was Wednesday, May 21st. Gladstone Capital's dividend payout ratio (DPR) is presently 50.25%.

About Gladstone Capital

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.