XML Financial LLC Decreases Stock Holdings in Gladstone Commercial Co. (NASDAQ:GOOD)

XML Financial LLC lessened its stake in shares of Gladstone Commercial Co. (NASDAQ:GOODFree Report) by 0.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 406,785 shares of the real estate investment trust’s stock after selling 883 shares during the quarter. XML Financial LLC’s holdings in Gladstone Commercial were worth $6,606,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in GOOD. American Century Companies Inc. lifted its position in Gladstone Commercial by 21.8% during the second quarter. American Century Companies Inc. now owns 12,337 shares of the real estate investment trust’s stock valued at $176,000 after purchasing an additional 2,210 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Gladstone Commercial by 2.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 567,878 shares of the real estate investment trust’s stock valued at $8,103,000 after buying an additional 14,452 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Gladstone Commercial by 12.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,039 shares of the real estate investment trust’s stock worth $229,000 after buying an additional 1,795 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Gladstone Commercial in the 3rd quarter worth $226,000. Finally, International Assets Investment Management LLC grew its holdings in shares of Gladstone Commercial by 1,524.0% in the third quarter. International Assets Investment Management LLC now owns 37,644 shares of the real estate investment trust’s stock worth $611,000 after acquiring an additional 35,326 shares during the period. 45.51% of the stock is currently owned by institutional investors.

Gladstone Commercial Stock Performance

NASDAQ:GOOD opened at $16.39 on Wednesday. The company has a debt-to-equity ratio of 4.10, a quick ratio of 3.54 and a current ratio of 3.54. The stock has a 50-day simple moving average of $16.62 and a two-hundred day simple moving average of $15.86. The firm has a market capitalization of $719.85 million, a PE ratio of 81.95, a P/E/G ratio of 1.88 and a beta of 1.25. Gladstone Commercial Co. has a 52-week low of $11.89 and a 52-week high of $17.88.

Gladstone Commercial Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Monday, January 27th will be issued a $0.10 dividend. This represents a yield of 7.32%. The ex-dividend date is Friday, January 24th. Gladstone Commercial’s dividend payout ratio is 600.00%.

Analysts Set New Price Targets

Several research analysts have issued reports on GOOD shares. Canaccord Genuity Group raised Gladstone Commercial to a “strong-buy” rating in a research report on Friday, October 4th. B. Riley reissued a “neutral” rating and issued a $15.00 price objective (up previously from $13.50) on shares of Gladstone Commercial in a report on Thursday, October 10th. Finally, StockNews.com lowered shares of Gladstone Commercial from a “buy” rating to a “hold” rating in a research report on Wednesday, December 18th.

Read Our Latest Stock Analysis on Gladstone Commercial

Gladstone Commercial Profile

(Free Report)

Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through January 2024, Gladstone Commercial has paid 229 consecutive monthly cash distributions on its common stock.

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Institutional Ownership by Quarter for Gladstone Commercial (NASDAQ:GOOD)

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