LSV Asset Management lessened its position in Gladstone Commercial Corporation (NASDAQ:GOOD) by 57.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 161,300 shares of the real estate investment trust’s stock after selling 217,257 shares during the period. LSV Asset Management owned 0.58% of Gladstone Commercial Corporation worth $3,514,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in Gladstone Commercial Corporation by 3.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 153,600 shares of the real estate investment trust’s stock worth $3,346,000 after acquiring an additional 5,075 shares during the last quarter. Swiss National Bank grew its holdings in Gladstone Commercial Corporation by 10.3% in the 2nd quarter. Swiss National Bank now owns 42,700 shares of the real estate investment trust’s stock worth $930,000 after acquiring an additional 4,000 shares during the last quarter. Chicago Equity Partners LLC bought a new stake in Gladstone Commercial Corporation in the 2nd quarter worth $2,654,000. BNP Paribas Arbitrage SA grew its holdings in Gladstone Commercial Corporation by 99.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,032 shares of the real estate investment trust’s stock worth $110,000 after acquiring an additional 2,511 shares during the last quarter. Finally, Fiduciary Financial Services of The Southwest Inc. TX grew its holdings in Gladstone Commercial Corporation by 9.8% in the 2nd quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 407,864 shares of the real estate investment trust’s stock worth $8,887,000 after acquiring an additional 36,360 shares during the last quarter. 49.07% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: “Gladstone Commercial Corporation (GOOD) Holdings Cut by LSV Asset Management” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another site, it was illegally stolen and reposted in violation of US & international copyright laws. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/09/19/gladstone-commercial-corporation-good-holdings-cut-by-lsv-asset-management.html.

Shares of Gladstone Commercial Corporation (NASDAQ GOOD) opened at 21.70 on Tuesday. The firm’s 50-day moving average is $21.14 and its 200-day moving average is $21.06. Gladstone Commercial Corporation has a 1-year low of $16.02 and a 1-year high of $23.35. The company’s market capitalization is $599.83 million.

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Wednesday, September 20th will be given a $0.125 dividend. This represents a $1.50 annualized dividend and a dividend yield of 6.91%. The ex-dividend date is Tuesday, September 19th. Gladstone Commercial Corporation’s payout ratio is currently -1,250.00%.

Several equities research analysts have recently commented on the stock. DA Davidson assumed coverage on shares of Gladstone Commercial Corporation in a research report on Tuesday, July 25th. They issued a “buy” rating and a $24.00 target price for the company. Janney Montgomery Scott assumed coverage on shares of Gladstone Commercial Corporation in a research report on Friday, September 8th. They issued a “buy” rating for the company. BidaskClub raised shares of Gladstone Commercial Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. Zacks Investment Research cut shares of Gladstone Commercial Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Finally, Canaccord Genuity assumed coverage on shares of Gladstone Commercial Corporation in a research report on Tuesday, July 18th. They issued a “hold” rating and a $22.00 target price for the company. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Gladstone Commercial Corporation presently has an average rating of “Hold” and a consensus target price of $22.67.

About Gladstone Commercial Corporation

Gladstone Commercial Corporation is a real estate investment trust. The Company focuses on acquiring, owning and managing primarily office and industrial properties. The Company also makes long-term industrial and commercial mortgage loans. As of February 15, 2017, the Company owned 95 properties totaling 10.9 million square feet in 24 states.

Want to see what other hedge funds are holding GOOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gladstone Commercial Corporation (NASDAQ:GOOD).

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

Receive News & Stock Ratings for Gladstone Commercial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Commercial Corporation and related stocks with our FREE daily email newsletter.