4,200 Shares in Gladstone Capital Co. (NASDAQ:GLAD) Acquired by National Bank of Canada FI

National Bank of Canada FI acquired a new stake in Gladstone Capital Co. (NASDAQ:GLAD) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,200 shares of the investment management company’s stock, valued at approximately $98,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. nVerses Capital LLC acquired a new position in shares of Gladstone Capital during the second quarter worth $37,000. Creekmur Asset Management LLC purchased a new position in shares of Gladstone Capital in the 4th quarter valued at about $67,000. Register Financial Advisors LLC acquired a new stake in shares of Gladstone Capital during the 1st quarter worth about $69,000. Eagle Global Advisors LLC raised its position in shares of Gladstone Capital by 15.4% during the 4th quarter. Eagle Global Advisors LLC now owns 16,120 shares of the investment management company’s stock worth $172,000 after acquiring an additional 2,150 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in Gladstone Capital by 9.1% during the fourth quarter. Private Advisor Group LLC now owns 19,583 shares of the investment management company’s stock worth $210,000 after purchasing an additional 1,639 shares during the last quarter. 10.72% of the stock is currently owned by institutional investors and hedge funds.

Gladstone Capital Stock Performance

Shares of Gladstone Capital stock opened at $23.04 on Friday. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 0.15. Gladstone Capital Co. has a 52 week low of $18.40 and a 52 week high of $24.73. The firm’s 50 day moving average is $23.20 and its two-hundred day moving average is $22.19. The firm has a market capitalization of $501.12 million, a P/E ratio of 8.35 and a beta of 1.26.

Gladstone Capital (NASDAQ:GLAD) last posted its earnings results on Wednesday, August 7th. The investment management company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.04. Gladstone Capital had a net margin of 78.40% and a return on equity of 10.87%. The firm had revenue of $25.69 million for the quarter, compared to the consensus estimate of $24.69 million. Research analysts forecast that Gladstone Capital Co. will post 2.14 EPS for the current fiscal year.

Gladstone Capital Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 20th will be issued a $0.165 dividend. This represents a $1.98 annualized dividend and a dividend yield of 8.59%. The ex-dividend date of this dividend is Friday, September 20th. Gladstone Capital’s payout ratio is currently 71.74%.

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.