Gladstone Commercial Co. (NASDAQ:GOOD) Stock Holdings Raised by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Gladstone Commercial Co. (NASDAQ:GOOD - Free Report) by 11.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 801,407 shares of the real estate investment trust's stock after purchasing an additional 80,843 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 1.82% of Gladstone Commercial worth $13,015,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. grew its stake in shares of Gladstone Commercial by 51.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 667,966 shares of the real estate investment trust's stock valued at $10,848,000 after buying an additional 226,602 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Gladstone Commercial by 5.2% in the 4th quarter. Vanguard Group Inc. now owns 4,283,840 shares of the real estate investment trust's stock worth $69,570,000 after acquiring an additional 213,281 shares during the period. JPMorgan Chase & Co. grew its position in Gladstone Commercial by 64.2% in the fourth quarter. JPMorgan Chase & Co. now owns 297,473 shares of the real estate investment trust's stock valued at $4,831,000 after acquiring an additional 116,355 shares in the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of Gladstone Commercial during the fourth quarter valued at approximately $1,471,000. Finally, Northern Trust Corp lifted its position in shares of 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 purchasing an additional 82,684 shares in the last quarter. 45.51% of the stock is currently owned by institutional investors and hedge funds.

Gladstone Commercial Stock Down 0.5%

Shares of GOOD stock traded down $0.08 on Wednesday, hitting $14.04. The stock had a trading volume of 97,140 shares, compared to its average volume of 300,839. The stock's 50 day moving average is $14.24 and its 200-day moving average is $15.63. The firm has a market capitalization of $649.58 million, a price-to-earnings ratio of 53.96, a P/E/G ratio of 1.82 and a beta of 1.21. Gladstone Commercial Co. has a 52-week low of $12.67 and a 52-week high of $17.88. The company has a debt-to-equity ratio of 4.05, a quick ratio of 3.54 and a current ratio of 5.68.

Gladstone Commercial (NASDAQ:GOOD - Get Free Report) last announced its earnings results on Wednesday, May 7th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.34. The business had revenue of $37.50 million for the quarter, compared to analyst estimates of $37.33 million. Gladstone Commercial had a return on equity of 15.16% and a net margin of 16.09%. As a group, research analysts expect that Gladstone Commercial Co. will post 1.45 earnings per share for the current year.

Gladstone Commercial Announces Dividend

The firm 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. The ex-dividend date was Monday, April 21st. This represents a yield of 8.5%. Gladstone Commercial's dividend payout ratio 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.