Gladstone Commercial Corporation $GOOD Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

Key Points

• UBS Asset Management increased its Gladstone Commercial stake by 11,990.7% in the second quarter, acquiring 79,618 additional shares to hold 80,282 shares worth approximately $987,000. Institutional investors collectively own 45.51% of the REIT.
• Gladstone Commercial reported quarterly EPS of $0.11, exceeding the $0.04 analyst consensus, while revenue of $43.99 million also surpassed estimates. The stock opened at $12.71 and trades within a 52-week range of $10.33 to $13.28.
• The company declared a monthly dividend of $0.10 per share, implying a 9.4% annualized yield, though its payout ratio is elevated at 461.54%. Analysts maintain a consensus “Hold” rating with an average price target of $12.83.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Gladstone Commercial Corporation (NASDAQ:GOOD - Free Report) by 11,990.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,282 shares of the real estate investment trust's stock after acquiring an additional 79,618 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.17% of Gladstone Commercial worth $987,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised its position in shares of Gladstone Commercial by 751.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,788 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 1,578 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Gladstone Commercial during the 4th quarter valued at $25,000. Advisory Services Network LLC acquired a new stake in Gladstone Commercial during the 3rd quarter valued at $34,000. Parallel Advisors LLC increased its position in Gladstone Commercial by 71.1% during the third quarter. Parallel Advisors LLC now owns 2,811 shares of the real estate investment trust's stock worth $35,000 after buying an additional 1,168 shares in the last quarter. Finally, Trust Co. of Vermont purchased a new position in Gladstone Commercial during the second quarter worth $40,000. Institutional investors and hedge funds own 45.51% of the company's stock.

Gladstone Commercial Price Performance

GOOD stock opened at $12.71 on Friday. The stock has a market capitalization of $615.29 million, a price-to-earnings ratio of 48.89 and a beta of 1.08. The company has a quick ratio of 3.72, a current ratio of 3.72 and a debt-to-equity ratio of 5.43. Gladstone Commercial Corporation has a 52-week low of $10.33 and a 52-week high of $13.28. The stock's fifty day simple moving average is $12.86 and its 200-day simple moving average is $12.51.

Gladstone Commercial (NASDAQ:GOOD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.07. Gladstone Commercial had a return on equity of 14.61% and a net margin of 14.55%.The firm had revenue of $43.99 million for the quarter, compared to analyst estimates of $42.18 million. Equities research analysts expect that Gladstone Commercial Corporation will post 1.37 EPS for the current year.

Gladstone Commercial Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be paid a $0.10 dividend. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Monday, September 21st. Gladstone Commercial's payout ratio is currently 461.54%.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Weiss Ratings restated a "hold (c)" rating on shares of Gladstone Commercial in a research report on Monday, August 24th. Huntington began coverage on Gladstone Commercial in a research report on Wednesday, July 15th. They set a "market perform" rating and a $13.00 price objective for the company. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $12.83.

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.

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