Gladstone Commercial Co. (NASDAQ:GOOD) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its position in shares of Gladstone Commercial Co. (NASDAQ:GOOD - Free Report) by 4.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 575,092 shares of the real estate investment trust's stock after acquiring an additional 22,584 shares during the period. Dimensional Fund Advisors LP owned approximately 1.31% of Gladstone Commercial worth $9,339,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. LPL Financial LLC lifted its position in Gladstone Commercial by 0.6% during the fourth quarter. LPL Financial LLC now owns 117,327 shares of the real estate investment trust's stock worth $1,905,000 after acquiring an additional 710 shares during the last quarter. Arizona State Retirement System increased its position in shares of Gladstone Commercial by 7.0% during the fourth quarter. Arizona State Retirement System now owns 12,344 shares of the real estate investment trust's stock worth $200,000 after acquiring an additional 811 shares in the last quarter. Atomi Financial Group Inc. increased its position in shares of Gladstone Commercial by 8.0% during the fourth quarter. Atomi Financial Group Inc. now owns 12,256 shares of the real estate investment trust's stock worth $199,000 after acquiring an additional 908 shares in the last quarter. Register Financial Advisors LLC grew its position in Gladstone Commercial by 2.2% in the 4th quarter. Register Financial Advisors LLC now owns 53,342 shares of the real estate investment trust's stock worth $866,000 after purchasing an additional 1,166 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its position in Gladstone Commercial by 6.5% in the 4th 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. Institutional investors and hedge funds own 45.51% of the company's stock.

Gladstone Commercial Stock Performance

Shares of GOOD stock traded up $0.20 during trading on Thursday, reaching $14.28. 278,366 shares of the company's stock traded hands, compared to its average volume of 297,933. Gladstone Commercial Co. has a 1 year low of $12.67 and a 1 year high of $17.88. The company has a market capitalization of $653.41 million, a P/E ratio of 54.85, a PEG ratio of 1.82 and a beta of 1.21. The firm's 50-day moving average is $14.30 and its 200 day moving average is $15.68. 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 (NASDAQ:GOOD - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $0.34 earnings per share for the quarter, hitting the consensus estimate of $0.34. Gladstone Commercial had a net margin of 16.09% and a return on equity of 15.16%. The business had revenue of $37.50 million for the quarter, compared to the consensus estimate of $37.33 million. Equities research analysts expect that Gladstone Commercial Co. will post 1.45 EPS for the current year.

Gladstone Commercial Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd were issued a dividend of $0.10 per share. This represents a yield of 8.5%. The ex-dividend date was Monday, April 21st. Gladstone Commercial's payout ratio is 413.79%.

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.