Gladstone Capital (NASDAQ:GLAD) Now Covered by StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Gladstone Capital (NASDAQ:GLAD – Get Rating) in a research report issued on Friday. The brokerage set a “hold” rating on the investment management company’s stock.

Separately, TheStreet raised shares of Gladstone Capital from a “c+” rating to a “b” rating in a research report on Monday, December 5th.

Gladstone Capital Price Performance

GLAD opened at $9.40 on Friday. The stock’s 50-day moving average price is $10.13 and its 200 day moving average price is $9.78. Gladstone Capital has a 12-month low of $8.21 and a 12-month high of $12.78. The firm has a market cap of $343.19 million, a price-to-earnings ratio of 24.10 and a beta of 1.32. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.33.

Institutional Investors Weigh In On Gladstone Capital

Large investors have recently bought and sold shares of the stock. Private Advisor Group LLC grew its position in shares of Gladstone Capital by 6.1% during the fourth quarter. Private Advisor Group LLC now owns 17,483 shares of the investment management company’s stock worth $168,000 after buying an additional 1,000 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings in Gladstone Capital by 39.0% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,975 shares of the investment management company’s stock worth $60,000 after acquiring an additional 1,675 shares in the last quarter. Great West Life Assurance Co. Can grew its holdings in Gladstone Capital by 20.1% during the 1st quarter. Great West Life Assurance Co. Can now owns 12,508 shares of the investment management company’s stock worth $157,000 after acquiring an additional 2,096 shares in the last quarter. Brookstone Capital Management increased its position in shares of Gladstone Capital by 3.1% in the 3rd quarter. Brookstone Capital Management now owns 73,669 shares of the investment management company’s stock valued at $630,000 after purchasing an additional 2,238 shares during the last quarter. Finally, Koshinski Asset Management Inc. raised its holdings in shares of Gladstone Capital by 6.7% in the 3rd quarter. Koshinski Asset Management Inc. now owns 35,489 shares of the investment management company’s stock valued at $301,000 after purchasing an additional 2,240 shares in the last quarter. Hedge funds and other institutional investors own 9.11% of the company’s stock.

Gladstone Capital Company Profile

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Gladstone Capital is a specialty finance company that invests in debt securities consisting primarily of senior term loans, senior subordinated loans, and junior subordinated loans in small and medium sized companies, that meet certain criteria. The criteria can include some or all of the following: the potential for growth in cash flow, adequate assets for loan collateral, experienced management teams with significant ownership interest in the business, adequate capitalization, profitable operations based on the borrower’s cash flow, reasonable capitalization of the borrower and the potential to realize appreciation and gain liquidity in our equity position, if any.