GSA Capital Partners LLP Invests $547,000 in Gladstone Commercial Corporation (NASDAQ:GOOD)

GSA Capital Partners LLP acquired a new position in Gladstone Commercial Corporation (NASDAQ:GOOD - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 36,507 shares of the real estate investment trust's stock, valued at approximately $547,000. GSA Capital Partners LLP owned approximately 0.08% of Gladstone Commercial as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the business. LPL Financial LLC increased its holdings in Gladstone Commercial by 0.6% in the 4th quarter. LPL Financial LLC now owns 117,327 shares of the real estate investment trust's stock worth $1,905,000 after buying an additional 710 shares in the last quarter. State of Alaska Department of Revenue increased its holdings in Gladstone Commercial by 4.6% in the 1st quarter. State of Alaska Department of Revenue now owns 21,170 shares of the real estate investment trust's stock worth $316,000 after buying an additional 924 shares in the last quarter. New York State Teachers Retirement System bought a new stake in Gladstone Commercial in the 1st quarter worth about $26,000. California State Teachers Retirement System increased its holdings in Gladstone Commercial by 5.1% in the 4th quarter. California State Teachers Retirement System now owns 39,791 shares of the real estate investment trust's stock worth $646,000 after buying an additional 1,921 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Gladstone Commercial by 1.1% in the 1st quarter. Bank of New York Mellon Corp now owns 179,440 shares of the real estate investment trust's stock worth $2,688,000 after buying an additional 1,967 shares in the last quarter. 45.51% of the stock is currently owned by institutional investors.

Gladstone Commercial Price Performance

NASDAQ GOOD opened at $13.24 on Tuesday. Gladstone Commercial Corporation has a one year low of $12.67 and a one year high of $17.88. The stock has a 50-day moving average of $14.14 and a 200 day moving average of $14.67. The company has a market capitalization of $612.75 million, a price-to-earnings ratio of 45.66, a PEG ratio of 1.53 and a beta of 1.17. The company has a debt-to-equity ratio of 4.06, a quick ratio of 4.72 and a current ratio of 4.72.

Gladstone Commercial (NASDAQ:GOOD - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $0.34 EPS for the quarter, hitting the consensus estimate of $0.34. The company had revenue of $37.50 million during the quarter, compared to the consensus estimate of $37.33 million. Gladstone Commercial had a return on equity of 15.32% and a net margin of 16.97%. On average, sell-side analysts forecast that Gladstone Commercial Corporation will post 1.45 EPS for the current year.

Gladstone Commercial Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 22nd were paid a dividend of $0.10 per share. This represents a dividend yield of 879.0%. The ex-dividend date was Monday, July 21st. Gladstone Commercial's payout ratio is currently 413.79%.

Gladstone Commercial Company Profile

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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