Two Sigma Investments LP Trims Holdings in Gladstone Capital Co. (NASDAQ:GLAD)

Two Sigma Investments LP cut its holdings in shares of Gladstone Capital Co. (NASDAQ:GLAD - Free Report) by 9.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 112,598 shares of the investment management company's stock after selling 11,787 shares during the period. Two Sigma Investments LP owned about 0.50% of Gladstone Capital worth $3,202,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Private Trust Co. NA increased its stake in Gladstone Capital by 65.9% during the 4th quarter. Private Trust Co. NA now owns 1,573 shares of the investment management company's stock valued at $45,000 after purchasing an additional 625 shares in the last quarter. D.A. Davidson & CO. grew its position in Gladstone Capital by 1.3% during the fourth quarter. D.A. Davidson & CO. now owns 113,049 shares of the investment management company's stock valued at $3,215,000 after acquiring an additional 1,480 shares during the last quarter. Kovack Advisors Inc. grew its position in Gladstone Capital by 5.6% during the fourth quarter. Kovack Advisors Inc. now owns 37,892 shares of the investment management company's stock valued at $1,078,000 after acquiring an additional 2,025 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Gladstone Capital by 12.1% in the fourth quarter. Northern Trust Corp now owns 25,023 shares of the investment management company's stock worth $712,000 after purchasing an additional 2,699 shares during the last quarter. Finally, DnB Asset Management AS lifted its stake in Gladstone Capital by 5.4% in the fourth quarter. DnB Asset Management AS now owns 116,143 shares of the investment management company's stock worth $3,303,000 after acquiring an additional 5,903 shares during the period. 10.72% of the stock is currently owned by institutional investors and hedge funds.

Gladstone Capital Stock Up 0.4%

Gladstone Capital stock traded up $0.10 on Tuesday, hitting $26.51. 63,694 shares of the stock traded hands, compared to its average volume of 116,276. The business's fifty day simple moving average is $25.58 and its 200 day simple moving average is $27.28. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.13. The firm has a market cap of $591.97 million, a P/E ratio of 6.48 and a beta of 1.00. Gladstone Capital Co. has a 1 year low of $21.40 and a 1 year high of $30.43.

Gladstone Capital (NASDAQ:GLAD - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The investment management company reported $0.50 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.50. Gladstone Capital had a return on equity of 10.00% and a net margin of 106.59%. The business had revenue of $21.57 million during the quarter, compared to the consensus estimate of $22.95 million. As a group, sell-side analysts forecast 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 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 of this dividend was Wednesday, May 21st. Gladstone Capital's dividend payout ratio (DPR) is presently 50.25%.

Gladstone Capital Company 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.