Gladstone Capital (NASDAQ:GLAD) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

Gladstone Capital Co. (NASDAQ:GLAD - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.46 and traded as high as $26.99. Gladstone Capital shares last traded at $26.43, with a volume of 80,166 shares traded.

Gladstone Capital Stock Up 1.0 %

The firm has a 50 day moving average price of $28.75 and a two-hundred day moving average price of $26.55. 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 capitalization of $607.60 million, a price-to-earnings ratio of 6.65 and a beta of 1.25.

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

Gladstone Capital Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 27th were issued a $0.165 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a yield of 6.57%. Gladstone Capital's dividend payout ratio is currently 48.41%.

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Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Private Trust Co. NA grew 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 shares of 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 worth $3,215,000 after buying an additional 1,480 shares in the last quarter. Kovack Advisors Inc. increased its stake in shares of Gladstone Capital by 5.6% in the fourth quarter. Kovack Advisors Inc. now owns 37,892 shares of the investment management company's stock worth $1,078,000 after buying an additional 2,025 shares during the last quarter. Northern Trust Corp raised its holdings in Gladstone Capital by 12.1% in the fourth quarter. Northern Trust Corp now owns 25,023 shares of the investment management company's stock valued at $712,000 after acquiring an additional 2,699 shares in the last quarter. Finally, Register Financial Advisors LLC bought a new position in Gladstone Capital during the 4th quarter valued at $92,000. Institutional investors and hedge funds own 10.72% of the company's stock.

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.