Gladstone Commercial Corporation (NASDAQ:GOOD) President Robert G. Cutlip purchased 500 shares of the stock in a transaction that occurred on Tuesday, December 12th. The stock was bought at an average price of $21.60 per share, with a total value of $10,800.00. Following the completion of the transaction, the president now owns 38,200 shares of the company’s stock, valued at $825,120. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Gladstone Commercial Corporation (NASDAQ GOOD) traded up $0.15 during trading hours on Thursday, hitting $21.67. The stock had a trading volume of 172,400 shares, compared to its average volume of 177,928. Gladstone Commercial Corporation has a fifty-two week low of $18.73 and a fifty-two week high of $23.35. The company has a market capitalization of $596.23, a P/E ratio of 14.25, a price-to-earnings-growth ratio of 2.35 and a beta of 0.86. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.68 and a current ratio of 0.68.

The firm also recently announced a monthly dividend, which was paid on Thursday, November 30th. Stockholders of record on Monday, November 20th were given a dividend of $0.125 per share. The ex-dividend date was Friday, November 17th. This represents a $1.50 annualized dividend and a dividend yield of 6.92%. Gladstone Commercial’s dividend payout ratio (DPR) is -5,000.00%.

Several large investors have recently added to or reduced their stakes in GOOD. California Public Employees Retirement System raised its holdings in shares of Gladstone Commercial by 11.7% in the third quarter. California Public Employees Retirement System now owns 35,173 shares of the real estate investment trust’s stock valued at $783,000 after acquiring an additional 3,673 shares in the last quarter. Asset Management One Co. Ltd. raised its holdings in shares of Gladstone Commercial by 16.1% in the third quarter. Asset Management One Co. Ltd. now owns 60,838 shares of the real estate investment trust’s stock valued at $1,371,000 after acquiring an additional 8,438 shares in the last quarter. Allianz Asset Management GmbH purchased a new position in Gladstone Commercial in the third quarter valued at about $1,722,000. Stifel Financial Corp grew its stake in Gladstone Commercial by 12.2% in the third quarter. Stifel Financial Corp now owns 32,268 shares of the real estate investment trust’s stock valued at $715,000 after purchasing an additional 3,502 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Gladstone Commercial by 1.7% in the third quarter. Dimensional Fund Advisors LP now owns 355,768 shares of the real estate investment trust’s stock valued at $7,923,000 after purchasing an additional 6,106 shares during the last quarter. Institutional investors and hedge funds own 52.79% of the company’s stock.

A number of analysts recently issued reports on GOOD shares. Janney Montgomery Scott started coverage on Gladstone Commercial in a research report on Friday, September 8th. They issued a “buy” rating for the company. BidaskClub upgraded Gladstone Commercial from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. Ladenburg Thalmann Financial Services reiterated a “hold” rating on shares of Gladstone Commercial in a research report on Friday, December 1st. Zacks Investment Research downgraded Gladstone Commercial from a “buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Finally, ValuEngine downgraded Gladstone Commercial from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 20th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $23.33.

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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.

Insider Buying and Selling by Quarter for Gladstone Commercial (NASDAQ:GOOD)

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