Gladstone Commercial (NASDAQ:GOOD)‘s stock had its “hold” rating reiterated by analysts at Ladenburg Thalmann Financial Services in a research note issued to investors on Friday.

GOOD has been the subject of several other reports. Zacks Investment Research upgraded Gladstone Commercial from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research note on Wednesday, October 11th. Janney Montgomery Scott started coverage on Gladstone Commercial in a research note on Friday, September 8th. They set a “buy” rating for the company. ValuEngine lowered Gladstone Commercial from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 20th. Finally, BidaskClub upgraded Gladstone Commercial from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $23.33.

Shares of Gladstone Commercial (NASDAQ GOOD) traded down $0.06 during trading on Friday, hitting $22.78. The company had a trading volume of 133,432 shares, compared to its average volume of 178,892. Gladstone Commercial has a 1 year low of $18.17 and a 1 year high of $23.35. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.78. The stock has a market cap of $629.47, a price-to-earnings ratio of 15.23, a PEG ratio of 2.51 and a beta of 0.87.

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Gladstone Commercial by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 2,910,745 shares of the real estate investment trust’s stock worth $63,425,000 after purchasing an additional 81,609 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Gladstone Commercial by 4.0% during the 2nd quarter. Renaissance Technologies LLC now owns 2,050,300 shares of the real estate investment trust’s stock worth $44,676,000 after purchasing an additional 79,100 shares during the last quarter. State Street Corp boosted its holdings in shares of Gladstone Commercial by 14.4% during the 2nd quarter. State Street Corp now owns 539,308 shares of the real estate investment trust’s stock worth $11,754,000 after purchasing an additional 67,863 shares during the last quarter. Fiduciary Financial Services of The Southwest Inc. TX boosted its holdings in shares of Gladstone Commercial by 9.8% during the 2nd quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 407,864 shares of the real estate investment trust’s stock worth $8,887,000 after purchasing an additional 36,360 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Gladstone Commercial by 1.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 355,768 shares of the real estate investment trust’s stock worth $7,923,000 after purchasing an additional 6,106 shares during the last quarter. Institutional investors and hedge funds own 52.81% of the company’s stock.

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About Gladstone Commercial

Gladstone Commercial Corporation is a real estate investment trust. The Company focuses on acquiring, owning and managing primarily office and industrial properties. The Company also makes long-term industrial and commercial mortgage loans. As of February 15, 2017, the Company owned 95 properties totaling 10.9 million square feet in 24 states.

Analyst Recommendations for Gladstone Commercial (NASDAQ:GOOD)

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