XML Financial LLC Reduces Holdings in Gladstone Commercial Corporation $GOOD

XML Financial LLC reduced its holdings in shares of Gladstone Commercial Corporation (NASDAQ:GOOD) by 35.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 237,689 shares of the real estate investment trust’s stock after selling 130,669 shares during the quarter. XML Financial LLC’s holdings in Gladstone Commercial were worth $2,536,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in GOOD. International Assets Investment Management LLC purchased a new position in Gladstone Commercial during the 4th quarter valued at about $25,000. EverSource Wealth Advisors LLC increased its holdings in Gladstone Commercial by 751.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,788 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 1,578 shares in the last quarter. Danske Bank A S purchased a new position in Gladstone Commercial during the 4th quarter valued at about $30,000. Advisory Services Network LLC purchased a new position in Gladstone Commercial during the 3rd quarter valued at about $34,000. Finally, Parallel Advisors LLC increased its holdings in Gladstone Commercial by 71.1% during the 3rd quarter. Parallel Advisors LLC now owns 2,811 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 1,168 shares in the last quarter. 45.51% of the stock is currently owned by hedge funds and other institutional investors.

Gladstone Commercial Price Performance

Gladstone Commercial stock opened at $12.75 on Friday. Gladstone Commercial Corporation has a 12-month low of $10.33 and a 12-month high of $15.03. The stock has a market capitalization of $617.23 million, a P/E ratio of 70.84 and a beta of 1.08. The firm’s 50-day moving average is $12.37 and its two-hundred day moving average is $11.75. The company has a debt-to-equity ratio of 5.13, a current ratio of 4.03 and a quick ratio of 4.03.

Gladstone Commercial (NASDAQ:GOOD) last released its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.30. Gladstone Commercial had a net margin of 12.74% and a return on equity of 12.11%. The business had revenue of $41.91 million for the quarter, compared to analysts’ expectations of $42.94 million. Equities analysts predict that Gladstone Commercial Corporation will post 1.41 earnings per share for the current year.

Gladstone Commercial Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a c) annualized dividend and a dividend yield of 9.4%. Gladstone Commercial’s dividend payout ratio (DPR) is currently 666.67%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on GOOD shares. B. Riley Financial restated a “neutral” rating and set a $12.50 target price (up from $11.00) on shares of Gladstone Commercial in a report on Tuesday, February 24th. Weiss Ratings upgraded shares of Gladstone Commercial from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 27th. Finally, Wall Street Zen upgraded shares of Gladstone Commercial from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $12.75.

Gladstone Commercial Profile

Gladstone Commercial Corporation is a real estate investment trust (REIT) that focuses on the acquisition and long‐term ownership of industrial and office properties throughout the United States. The company’s portfolio emphasizes both single‐tenant net‐leased investments and multi‐tenant assets, targeting properties that provide stable, predictable rental income. Gladstone Commercial seeks to grow shareholder value through both internal cash flow from its existing portfolio and strategic property acquisitions in markets with strong occupancy trends.

The company’s primary business activities include identifying, underwriting and acquiring commercial real estate assets that support light industrial users and professional office tenants.