GSA Capital Partners LLP Acquires Shares of 36,507 Gladstone Commercial Corporation (NASDAQ:GOOD)

GSA Capital Partners LLP acquired a new position in shares of Gladstone Commercial Corporation (NASDAQ:GOOD - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 36,507 shares of the real estate investment trust's stock, valued at approximately $547,000. GSA Capital Partners LLP owned 0.08% of Gladstone Commercial as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in GOOD. Vanguard Group Inc. increased its position in Gladstone Commercial by 5.2% during the fourth quarter. Vanguard Group Inc. now owns 4,283,840 shares of the real estate investment trust's stock worth $69,570,000 after purchasing an additional 213,281 shares during the last quarter. JPMorgan Chase & Co. increased its position in Gladstone Commercial by 64.2% during the fourth quarter. JPMorgan Chase & Co. now owns 297,473 shares of the real estate investment trust's stock worth $4,831,000 after purchasing an additional 116,355 shares during the last quarter. Northern Trust Corp boosted its stake in Gladstone Commercial by 22.2% during the fourth quarter. Northern Trust Corp now owns 455,385 shares of the real estate investment trust's stock worth $7,395,000 after buying an additional 82,684 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Gladstone Commercial by 11.2% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 801,407 shares of the real estate investment trust's stock worth $13,015,000 after buying an additional 80,843 shares during the period. Finally, SG Americas Securities LLC boosted its stake in Gladstone Commercial by 384.0% during the first quarter. SG Americas Securities LLC now owns 83,441 shares of the real estate investment trust's stock worth $1,250,000 after buying an additional 66,201 shares during the period. 45.51% of the stock is currently owned by institutional investors and hedge funds.

Gladstone Commercial Trading Up 0.5%

GOOD stock traded up $0.06 during mid-day trading on Friday, hitting $13.09. 166,856 shares of the company were exchanged, compared to its average volume of 379,470. The company has a quick ratio of 4.72, a current ratio of 4.72 and a debt-to-equity ratio of 4.06. The firm has a market capitalization of $605.84 million, a P/E ratio of 36.38, a PEG ratio of 1.54 and a beta of 1.17. The business has a fifty day simple moving average of $14.08 and a 200-day simple moving average of $14.62. Gladstone Commercial Corporation has a 12-month low of $12.67 and a 12-month high of $17.88.

Gladstone Commercial (NASDAQ:GOOD - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The real estate investment trust reported $0.35 EPS for the quarter, meeting the consensus estimate of $0.35. Gladstone Commercial had a net margin of 18.67% and a return on equity of 16.43%. The business had revenue of $39.53 million during the quarter, compared to analyst estimates of $38.32 million. On average, equities research analysts predict that Gladstone Commercial Corporation will post 1.45 earnings per share for the current fiscal year.

Gladstone Commercial Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, July 31st. Stockholders of record on Tuesday, July 22nd were given 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 333.33%.

Gladstone Commercial 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.