Stock of the Day: A Reversal for Gladstone Commercial Corporation Is Not Near. The Stock Declines Again

Stock of the Day: A Reversal for Gladstone Commercial Corporation Is Not Near. The Stock Declines Again

The stock of Gladstone Commercial Corporation (NASDAQ:GOOD) is a huge mover today! The stock decreased 1.01% or $0.19 during the last trading session, hitting $18.63. Gladstone Commercial Corporation (NASDAQ:GOOD) has risen 18.72% since March 2, 2016 and is uptrending. It has outperformed by 10.46% the S&P500.
The move comes after 8 months negative chart setup for the $422.51M company. It was reported on Oct, 6 by Barchart.com. We have $16.39 PT which if reached, will make NASDAQ:GOOD worth $50.70M less.

Analysts await Gladstone Commercial Corporation (NASDAQ:GOOD) to report earnings on October, 25.

According to Zacks Investment Research, “Gladstone Commercial Corporation is a publicly traded real estate investment trust that focuses on investing in and owning triple-net leased industrial and commercial real estate properties and selectively making long-term mortgage loans. Its goal is to pay our shareholders dividends on a monthly basis. Its objective is to increase the amount of dividends paid out each year.”

Insitutional Activity: The institutional sentiment increased to 1.65 in Q2 2016. Its up 0.12, from 1.53 in 2016Q1. The ratio increased, as 5 funds sold all Gladstone Commercial Corporation shares owned while 29 reduced positions. 14 funds bought stakes while 42 increased positions. They now own 9.38 million shares or 7.04% more from 8.76 million shares in 2016Q1.
Connor Clark & Lunn Ltd holds 0% or 13,800 shares in its portfolio. Diam Limited holds 0.01% or 49,630 shares in its portfolio. Summit Gp Limited Liability Company has invested 0.1% of its portfolio in Gladstone Commercial Corporation (NASDAQ:GOOD). Blackrock Advsr Limited Liability holds 0% of its portfolio in Gladstone Commercial Corporation (NASDAQ:GOOD) for 10,645 shares. Bnp Paribas Arbitrage Sa owns 864 shares or 0% of their US portfolio. Blackrock Inv Management Llc last reported 0% of its portfolio in the stock. Trust Of Toledo Na Oh holds 0.11% or 23,631 shares in its portfolio. Credit Suisse Ag holds 21,505 shares or 0% of its portfolio. Gsa Prns Llp holds 0.02% of its portfolio in Gladstone Commercial Corporation (NASDAQ:GOOD) for 22,474 shares. Albert D Mason accumulated 0.85% or 86,408 shares. Deutsche Fincl Bank Ag has 47,416 shares for 0% of their US portfolio. Moreover, Prudential Fincl Incorporated has 0% invested in Gladstone Commercial Corporation (NASDAQ:GOOD) for 50,128 shares. Nomura Asset Management has 13,400 shares for 0% of their US portfolio. Commercial Bank Of America Corporation De accumulated 0% or 5,414 shares. Winslow Evans Crocker owns 550 shares or 0% of their US portfolio.

Insider Transactions: Since July 11, 2016, the stock had 4 insider buys, and 0 selling transactions for $71,198 net activity. Merrick Caren D had bought 2,816 shares worth $50,013. $9,000 worth of Gladstone Commercial Corporation (NASDAQ:GOOD) was bought by Cutlip Robert G.

More notable recent Gladstone Commercial Corporation (NASDAQ:GOOD) news were published by: Seekingalpha.com which released: “Quick Update On Gladstone Commercial Corporation’s Preferred Shares” on July 20, 2016, also Globenewswire.com with their article: “Gladstone Commercial Corporation Announces Offering of 7.0% Series D …” published on August 01, 2016, Globenewswire.com published: “Gladstone Commercial Corporation Announces Redemption of its 7.125% Series C …” on August 22, 2016. More interesting news about Gladstone Commercial Corporation (NASDAQ:GOOD) were released by: Globenewswire.com and their article: “Gladstone Commercial Corporation Signs New Lease, Increasing Occupancy at …” published on September 26, 2016 as well as Globenewswire.com‘s news article titled: “Gladstone Commercial Corporation Prices Public Offering of 7.0% Series D …” with publication date: May 20, 2016.

GOOD Company Profile

Gladstone Commercial Corporation, incorporated on February 14, 2003, is a real estate investment trust (REIT). The Firm focuses on acquiring, owning and managing office and industrial properties, and making long-term industrial and commercial mortgage loans. The Company’s portfolio of real estate is leased to a section of tenants ranging from small businesses to large public companies. The Firm owns a total of approximately 100 properties across over 20 states. The Firm conducts its activities, including the ownership of its properties, through Gladstone Commercial Limited Partnership (the Operating Partnership).

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