Virtu Financial LLC Invests $315,000 in Gladstone Investment Co. (NASDAQ:GAIN)

Virtu Financial LLC bought a new position in Gladstone Investment Co. (NASDAQ:GAIN) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 23,771 shares of the investment management company’s stock, valued at approximately $315,000. Virtu Financial LLC owned approximately 0.06% of Gladstone Investment at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Atlantic Union Bankshares Corp raised its position in Gladstone Investment by 1.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 90,418 shares of the investment management company’s stock valued at $1,198,000 after purchasing an additional 873 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Gladstone Investment by 4.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 34,065 shares of the investment management company’s stock valued at $451,000 after buying an additional 1,365 shares in the last quarter. Kentucky Trust Co bought a new position in shares of Gladstone Investment in the fourth quarter valued at about $26,000. Cornerstone Wealth Management LLC acquired a new position in Gladstone Investment during the 4th quarter worth about $136,000. Finally, Centiva Capital LP bought a new stake in Gladstone Investment during the 3rd quarter worth about $192,000. 11.85% of the stock is currently owned by institutional investors.

Gladstone Investment Trading Up 0.6 %

GAIN opened at $13.62 on Friday. Gladstone Investment Co. has a 1-year low of $12.46 and a 1-year high of $14.85. The firm has a 50-day moving average price of $13.50 and a two-hundred day moving average price of $13.52. The stock has a market capitalization of $501.72 million, a PE ratio of 7.09 and a beta of 1.28.

Gladstone Investment (NASDAQ:GAIN) last issued its quarterly earnings results on Wednesday, February 12th. The investment management company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Gladstone Investment had a net margin of 78.02% and a return on equity of 7.17%. On average, research analysts predict that Gladstone Investment Co. will post 0.96 EPS for the current year.

Gladstone Investment Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 27th were paid a dividend of $0.08 per share. This represents a dividend yield of 7.18%. The ex-dividend date was Friday, January 24th. Gladstone Investment’s dividend payout ratio (DPR) is presently 50.00%.

Gladstone Investment Company Profile

Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options.