Register Financial Advisors LLC Acquires 1,166 Shares of Gladstone Commercial Co. (NASDAQ:GOOD)

Register Financial Advisors LLC increased its stake in shares of Gladstone Commercial Co. (NASDAQ:GOOD) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,342 shares of the real estate investment trust’s stock after buying an additional 1,166 shares during the quarter. Register Financial Advisors LLC’s holdings in Gladstone Commercial were worth $866,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Gladstone Commercial by 68.2% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,116 shares of the real estate investment trust’s stock worth $116,000 after buying an additional 2,885 shares in the last quarter. American Century Companies Inc. lifted its holdings in Gladstone Commercial by 21.8% during the 2nd quarter. American Century Companies Inc. now owns 12,337 shares of the real estate investment trust’s stock worth $176,000 after buying an additional 2,210 shares during the period. Atomi Financial Group Inc. boosted its holdings in Gladstone Commercial by 8.0% in the fourth quarter. Atomi Financial Group Inc. now owns 12,256 shares of the real estate investment trust’s stock valued at $199,000 after acquiring an additional 908 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Gladstone Commercial during the 3rd quarter valued at approximately $226,000. Finally, The Manufacturers Life Insurance Company lifted its holdings in Gladstone Commercial by 12.6% in the second quarter. The Manufacturers Life Insurance Company now owns 16,039 shares of the real estate investment trust’s stock valued at $229,000 after buying an additional 1,795 shares during the period. 45.51% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have issued reports on GOOD shares. B. Riley restated a “neutral” rating and set a $15.00 price target (up from $13.50) on shares of Gladstone Commercial in a report on Thursday, October 10th. StockNews.com cut Gladstone Commercial from a “buy” rating to a “hold” rating in a report on Wednesday, December 18th. Finally, Canaccord Genuity Group raised shares of Gladstone Commercial to a “strong-buy” rating in a research note on Friday, October 4th.

Gladstone Commercial Stock Down 0.4 %

GOOD stock opened at $16.04 on Monday. The stock’s fifty day simple moving average is $16.56 and its two-hundred day simple moving average is $15.90. The company has a current ratio of 3.54, a quick ratio of 3.54 and a debt-to-equity ratio of 4.10. The stock has a market cap of $704.48 million, a P/E ratio of 80.20, a P/E/G ratio of 1.86 and a beta of 1.25. Gladstone Commercial Co. has a 1-year low of $11.89 and a 1-year high of $17.88.

Gladstone Commercial Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 27th will be issued a dividend of $0.10 per share. This represents a yield of 7.48%. The ex-dividend date is Friday, January 24th. Gladstone Commercial’s dividend payout ratio (DPR) is 600.00%.

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.