WINTON GROUP Ltd Has $342,000 Stock Holdings in Gladstone Commercial Co. (NASDAQ:GOOD)

WINTON GROUP Ltd trimmed its stake in shares of Gladstone Commercial Co. (NASDAQ:GOOD) by 17.3% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 16,105 shares of the real estate investment trust’s stock after selling 3,376 shares during the quarter. WINTON GROUP Ltd owned about 0.05% of Gladstone Commercial worth $342,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in GOOD. Advisory Services Network LLC lifted its holdings in Gladstone Commercial by 138.3% during the first quarter. Advisory Services Network LLC now owns 3,446 shares of the real estate investment trust’s stock worth $72,000 after acquiring an additional 2,000 shares during the period. AJO LP increased its position in Gladstone Commercial by 13.5% in the first quarter. AJO LP now owns 302,002 shares of the real estate investment trust’s stock worth $6,273,000 after buying an additional 35,986 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Gladstone Commercial by 24.2% in the first quarter. PNC Financial Services Group Inc. now owns 2,568 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 500 shares during the last quarter. Martingale Asset Management L P increased its position in Gladstone Commercial by 23.3% in the first quarter. Martingale Asset Management L P now owns 181,623 shares of the real estate investment trust’s stock worth $3,773,000 after buying an additional 34,310 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in Gladstone Commercial by 13.4% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 37,280 shares of the real estate investment trust’s stock worth $774,000 after buying an additional 4,404 shares during the last quarter. Hedge funds and other institutional investors own 55.61% of the company’s stock.

GOOD has been the subject of a number of recent research reports. ValuEngine downgraded Gladstone Commercial from a “buy” rating to a “hold” rating in a research report on Monday, July 22nd. BidaskClub lowered Gladstone Commercial from a “hold” rating to a “sell” rating in a research note on Saturday, July 13th. Finally, Zacks Investment Research lowered Gladstone Commercial from a “buy” rating to a “hold” rating in a research note on Friday. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $22.50.

Shares of NASDAQ GOOD traded down $0.03 during midday trading on Friday, reaching $21.32. The company had a trading volume of 194 shares, compared to its average volume of 85,858. Gladstone Commercial Co. has a one year low of $16.89 and a one year high of $22.83. The company has a debt-to-equity ratio of 2.14, a quick ratio of 14.94 and a current ratio of 14.94. The company’s fifty day simple moving average is $21.35. The company has a market cap of $645.78 million, a PE ratio of 13.41, a PEG ratio of 2.68 and a beta of 0.84.

Gladstone Commercial (NASDAQ:GOOD) last released its earnings results on Tuesday, July 30th. The real estate investment trust reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.42). The company had revenue of $28.20 million during the quarter, compared to the consensus estimate of $28.55 million. Gladstone Commercial had a net margin of 11.41% and a return on equity of 4.90%. As a group, research analysts anticipate that Gladstone Commercial Co. will post 1.59 earnings per share for the current fiscal year.

The firm also recently declared a monthly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Monday, July 22nd were given a dividend of $0.125 per share. This represents a $1.50 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date was Friday, July 19th. Gladstone Commercial’s payout ratio is 94.34%.

About Gladstone Commercial

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 April 2019, Gladstone Commercial has paid 172 consecutive monthly cash distributions on its common stock.

See Also: Lock-Up Period Expiration

Institutional Ownership by Quarter for Gladstone Commercial (NASDAQ:GOOD)

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