Gladstone Commercial (NASDAQ:GOOD) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a report released on Tuesday.

GOOD has been the topic of a number of other research reports. Zacks Investment Research upgraded Gladstone Commercial from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Wednesday, October 11th. Ladenburg Thalmann Financial Services restated a “hold” rating on shares of Gladstone Commercial in a report on Friday, December 1st. Janney Montgomery Scott started coverage on Gladstone Commercial in a report on Friday, September 8th. They issued a “buy” rating on the stock. Finally, ValuEngine lowered Gladstone Commercial from a “strong-buy” rating to a “buy” rating in a report on Monday, November 20th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $23.33.

Gladstone Commercial (NASDAQ:GOOD) traded up $0.03 during mid-day trading on Tuesday, hitting $21.52. The stock had a trading volume of 120,224 shares, compared to its average volume of 177,951. Gladstone Commercial has a 52 week low of $18.73 and a 52 week high of $23.35. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.78. The company has a market capitalization of $596.23, a price-to-earnings ratio of 14.28, a PEG ratio of 2.36 and a beta of 0.88.

Institutional investors and hedge funds have recently modified their holdings of the stock. Schwab Charles Investment Management Inc. increased its position in shares of Gladstone Commercial by 26.2% during the first quarter. Schwab Charles Investment Management Inc. now owns 55,400 shares of the real estate investment trust’s stock valued at $1,146,000 after acquiring an additional 11,500 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Gladstone Commercial by 3.4% during the second quarter. JPMorgan Chase & Co. now owns 153,600 shares of the real estate investment trust’s stock valued at $3,346,000 after acquiring an additional 5,075 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Gladstone Commercial by 2.9% during the second quarter. Vanguard Group Inc. now owns 2,910,745 shares of the real estate investment trust’s stock valued at $63,425,000 after acquiring an additional 81,609 shares during the last quarter. California Public Employees Retirement System increased its position in shares of Gladstone Commercial by 1.0% during the first quarter. California Public Employees Retirement System now owns 31,500 shares of the real estate investment trust’s stock valued at $651,000 after acquiring an additional 300 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Gladstone Commercial by 56.4% during the second quarter. Goldman Sachs Group Inc. now owns 21,094 shares of the real estate investment trust’s stock valued at $460,000 after acquiring an additional 7,606 shares during the last quarter. 52.79% of the stock is owned by institutional investors.

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Gladstone Commercial Company Profile

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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