49,100 Shares in Gladstone Commercial Co. (NASDAQ:GOOD) Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Gladstone Commercial Co. (NASDAQ:GOOD - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 49,100 shares of the real estate investment trust's stock, valued at approximately $797,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.11% of Gladstone Commercial as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. SG Americas Securities LLC grew its position in Gladstone Commercial by 23.7% in the 4th quarter. SG Americas Securities LLC now owns 17,240 shares of the real estate investment trust's stock worth $280,000 after purchasing an additional 3,298 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in Gladstone Commercial by 6.5% in the fourth quarter. State of Alaska Department of Revenue now owns 20,246 shares of the real estate investment trust's stock worth $328,000 after purchasing an additional 1,242 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in shares of Gladstone Commercial in the fourth quarter worth about $1,471,000. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Gladstone Commercial by 16.2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 48,239 shares of the real estate investment trust's stock valued at $783,000 after buying an additional 6,724 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd bought a new stake in Gladstone Commercial during the 4th quarter worth about $192,000. 45.51% of the stock is currently owned by institutional investors.

Gladstone Commercial Trading Down 0.2%

Shares of NASDAQ:GOOD traded down $0.03 during midday trading on Thursday, hitting $14.39. The company had a trading volume of 241,659 shares, compared to its average volume of 309,065. The company has a current ratio of 5.68, a quick ratio of 3.54 and a debt-to-equity ratio of 4.05. Gladstone Commercial Co. has a 12 month low of $12.67 and a 12 month high of $17.88. The firm has a fifty day simple moving average of $14.08 and a 200 day simple moving average of $15.43. The stock has a market cap of $666.01 million, a price-to-earnings ratio of 55.35, a PEG ratio of 1.82 and a beta of 1.21.

Gladstone Commercial (NASDAQ:GOOD - Get Free Report) last issued 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 business had revenue of $37.50 million for the quarter, compared to the consensus estimate of $37.33 million. Gladstone Commercial had a return on equity of 15.16% and a net margin of 16.09%. On average, analysts predict that Gladstone Commercial Co. will post 1.45 EPS for the current year.

Gladstone Commercial Announces Dividend

The business also recently declared a dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 22nd were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a yield of 8.66%. Gladstone Commercial's dividend payout ratio (DPR) is presently 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.