XML Financial LLC Lowers Stake in Gladstone Commercial Corporation $GOOD

XML Financial LLC cut its holdings in Gladstone Commercial Corporation (NASDAQ:GOOD) by 19.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 190,937 shares of the real estate investment trust’s stock after selling 46,752 shares during the quarter. XML Financial LLC owned about 0.39% of Gladstone Commercial worth $2,182,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Russell Investments Group Ltd. boosted its stake in shares of Gladstone Commercial by 2.3% during the second quarter. Russell Investments Group Ltd. now owns 46,681 shares of the real estate investment trust’s stock worth $669,000 after buying an additional 1,055 shares during the period. Commonwealth Equity Services LLC increased its position in Gladstone Commercial by 7.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 14,975 shares of the real estate investment trust’s stock valued at $160,000 after acquiring an additional 1,062 shares during the period. Evergreen Capital Management LLC raised its stake in Gladstone Commercial by 6.9% during the 2nd quarter. Evergreen Capital Management LLC now owns 16,942 shares of the real estate investment trust’s stock valued at $243,000 after acquiring an additional 1,096 shares during the last quarter. Beacon Investment Advisors LLC raised its stake in Gladstone Commercial by 2.6% during the 4th quarter. Beacon Investment Advisors LLC now owns 44,397 shares of the real estate investment trust’s stock valued at $474,000 after acquiring an additional 1,129 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in Gladstone Commercial by 71.1% during the 3rd quarter. Parallel Advisors LLC now owns 2,811 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 1,168 shares during the period. 45.51% of the stock is owned by hedge funds and other institutional investors.

Gladstone Commercial Price Performance

Shares of NASDAQ:GOOD opened at $12.07 on Monday. Gladstone Commercial Corporation has a fifty-two week low of $10.33 and a fifty-two week high of $14.65. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 5.13. The firm’s 50-day simple moving average is $12.55 and its 200-day simple moving average is $11.86. The company has a market cap of $584.31 million, a price-to-earnings ratio of 67.06 and a beta of 1.08.

Gladstone Commercial (NASDAQ:GOOD) last posted its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.30. The firm had revenue of $41.91 million during the quarter, compared to analysts’ expectations of $42.94 million. Gladstone Commercial had a net margin of 12.74% and a return on equity of 12.11%. As a group, equities research analysts predict that Gladstone Commercial Corporation will post 1.41 earnings per share for the current year.

Gladstone Commercial Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd will be given a dividend of $0.10 per share. The ex-dividend date is Tuesday, June 23rd. This represents a c) annualized dividend and a yield of 9.9%. Gladstone Commercial’s payout ratio is presently 666.67%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on GOOD shares. Weiss Ratings upgraded Gladstone Commercial from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 27th. B. Riley Financial restated a “neutral” rating and set a $12.50 price target (up from $11.00) on shares of Gladstone Commercial in a research note on Tuesday, February 24th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $12.75.

Gladstone Commercial Profile

Gladstone Commercial Corporation is a real estate investment trust (REIT) that focuses on the acquisition and long‐term ownership of industrial and office properties throughout the United States. The company’s portfolio emphasizes both single‐tenant net‐leased investments and multi‐tenant assets, targeting properties that provide stable, predictable rental income. Gladstone Commercial seeks to grow shareholder value through both internal cash flow from its existing portfolio and strategic property acquisitions in markets with strong occupancy trends.

The company’s primary business activities include identifying, underwriting and acquiring commercial real estate assets that support light industrial users and professional office tenants.