Gladstone Investment (GAIN) Reaches $11.13 52-Week High; U S Global Investors Has Lowered By $1.35 Million Its Bp Plc (Call) (BP) Position

November 14, 2017 - By Henry Gaston

U S Global Investors Inc decreased Bp Plc (Call) (BP) stake by 34.82% reported in 2017Q2 SEC filing. U S Global Investors Inc sold 390 shares as Bp Plc (Call) (BP)’s stock rose 10.53%. The U S Global Investors

Inc holds 730 shares with $2.53 million value, down from 1,120 last quarter. Bp Plc (Call) now has $131.45 billion valuation. The stock declined 0.70% or $0.28 reaching $39.59 per share. About 855,365 shares traded. BP plc (ADR) (NYSE:BP) has risen 15.51% since November 14, 2016 and is uptrending. It has underperformed by 1.19% the S&P500.

The stock of Gladstone Investment Corporation (NASDAQ:GAIN) hit a new 52-week high and has $12.13 target or 9.00% above today’s $11.13 share price. The 9 months bullish chart indicates low risk for the $361.94 million company. The 1-year high was reported on Nov, 14 by If the $12.13 price target is reached, the company will be worth $32.57 million more. About 56,235 shares traded. Gladstone Investment Corporation (NASDAQ:GAIN) has risen 34.32% since November 14, 2016 and is uptrending. It has outperformed by 17.62% the S&P500.

U S Global Investors Inc increased Alaska Air Group Inc (NYSE:ALK) stake by 25,763 shares to 54,112 valued at $4.61 million in 2017Q2. It also upped Sibanye Gold Ltd (NYSE:SBGL) stake by 126,905 shares and now owns 132,905 shares. S&P Global Inc was raised too.

Among 29 analysts covering BP (NYSE:BP), 19 have Buy rating, 2 Sell and 8 Hold. Therefore 66% are positive. BP had 50 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by Societe Generale to “Hold” on Wednesday, November 2. The firm has “Hold” rating given on Wednesday, July 26 by Societe Generale. Kepler Cheuvreux downgraded the stock to “Reduce” rating in Friday, June 30 report. As per Thursday, July 13, the company rating was maintained by Jefferies. Goldman Sachs upgraded BP plc (ADR) (NYSE:BP) on Friday, September 11 to “Neutral” rating. Cowen & Co maintained it with “Hold” rating and $39.0 target in Tuesday, October 24 report. The firm earned “Buy” rating on Tuesday, November 3 by Evercore. As per Friday, August 4, the company rating was upgraded by Piper Jaffray. Jefferies maintained BP plc (ADR) (NYSE:BP) on Wednesday, July 29 with “Buy” rating. The firm earned “Neutral” rating on Wednesday, September 23 by Macquarie Research.

Gladstone Investment Corporation is an externally managed, closed-end, non-diversified management investment company. The company has market cap of $361.94 million. The Company’s investment objectives are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time, and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities, generally in combination with the aforementioned debt securities, of businesses that it believes can grow over time to permit it to sell its equity investments for capital gains. It has a 8.26 P/E ratio. It has investments in sectors, such as chemicals, plastics, and rubber, and home and office furnishings, house wares, and durable consumer products, among others.

Since June 14, 2017, it had 1 insider purchase, and 0 sales for $222,028 activity. GLADSTONE DAVID bought $222,028 worth of Gladstone Investment Corporation (NASDAQ:GAIN) on Wednesday, June 14.

Among 4 analysts covering Gladstone Investment (NASDAQ:GAIN), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Gladstone Investment has $10 highest and $9.0 lowest target. $10’s average target is -10.15% below currents $11.13 stock price. Gladstone Investment had 8 analyst reports since August 24, 2015 according to SRatingsIntel. Zacks downgraded the stock to “Sell” rating in Monday, September 21 report. The firm has “Hold” rating by Jefferies given on Friday, September 22. The stock of Gladstone Investment Corporation (NASDAQ:GAIN) has “Hold” rating given on Friday, November 3 by Jefferies. Jefferies maintained Gladstone Investment Corporation (NASDAQ:GAIN) on Tuesday, August 15 with “Hold” rating. The stock of Gladstone Investment Corporation (NASDAQ:GAIN) has “Sell” rating given on Monday, August 24 by Zacks. The firm has “Hold” rating by Jefferies given on Friday, October 27. Janney Capital initiated the shares of GAIN in report on Friday, April 29 with “Buy” rating.

Investors sentiment decreased to 1.5 in Q2 2017. Its down 0.03, from 1.53 in 2017Q1. It is negative, as 3 investors sold Gladstone Investment Corporation shares while 17 reduced holdings. 15 funds opened positions while 15 raised stakes. 5.23 million shares or 4.60% more from 5.00 million shares in 2017Q1 were reported. Us Bancshares De reported 6 shares or 0% of all its holdings. Retail Bank Of America De holds 0% of its portfolio in Gladstone Investment Corporation (NASDAQ:GAIN) for 1,167 shares. Morgan Stanley holds 0% or 326,196 shares in its portfolio. Blackrock Inc has 205,927 shares for 0% of their portfolio. Glenmede Trust Communications Na has 0% invested in Gladstone Investment Corporation (NASDAQ:GAIN). Tudor Et Al holds 0% or 11,952 shares. Parametric Port Assoc Limited Co stated it has 0% in Gladstone Investment Corporation (NASDAQ:GAIN). Winslow Evans Crocker owns 475 shares or 0% of their US portfolio. Deutsche National Bank & Trust Ag holds 0% or 2,600 shares in its portfolio. Outfitter Advsrs Ltd holds 0.86% or 246,265 shares. Archford Strategies Limited Company stated it has 53 shares or 0% of all its holdings. Confluence Inv Limited Liability reported 29,360 shares. Wedge Cap Management L Limited Partnership Nc invested in 0.01% or 97,000 shares. The Texas-based Wfg Advsr Ltd Partnership has invested 0.13% in Gladstone Investment Corporation (NASDAQ:GAIN). Legal & General Gp Public Limited Com invested in 80,258 shares or 0% of the stock.


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