Gladstone Commercial Co. (NASDAQ:GOOD) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lowered its holdings in Gladstone Commercial Co. (NASDAQ:GOOD) by 56.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,328 shares of the real estate investment trust’s stock after selling 25,993 shares during the period. Jane Street Group LLC’s holdings in Gladstone Commercial were worth $330,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. State Street Corp boosted its position in Gladstone Commercial by 3.6% during the 3rd quarter. State Street Corp now owns 1,051,383 shares of the real estate investment trust’s stock valued at $17,074,000 after purchasing an additional 36,616 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Gladstone Commercial by 36.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 441,364 shares of the real estate investment trust’s stock worth $7,168,000 after purchasing an additional 117,988 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Gladstone Commercial in the 3rd quarter worth $2,306,000. Renaissance Technologies LLC raised its holdings in Gladstone Commercial by 2.5% during the 2nd quarter. Renaissance Technologies LLC now owns 1,410,120 shares of the real estate investment trust’s stock worth $20,122,000 after buying an additional 34,400 shares during the period. Finally, Quest Partners LLC purchased a new stake in Gladstone Commercial during the third quarter valued at about $612,000. 45.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Canaccord Genuity Group upgraded shares of Gladstone Commercial to a “strong-buy” rating in a report on Friday, October 4th. B. Riley restated a “neutral” rating and set a $15.00 price target (up previously from $13.50) on shares of Gladstone Commercial in a research note on Thursday, October 10th. Finally, StockNews.com downgraded Gladstone Commercial from a “buy” rating to a “hold” rating in a report on Wednesday, December 18th.

Gladstone Commercial Stock Up 0.1 %

NASDAQ GOOD opened at $16.03 on Friday. The firm has a 50-day simple moving average of $16.71 and a 200 day simple moving average of $15.74. The company has a debt-to-equity ratio of 4.10, a quick ratio of 3.54 and a current ratio of 3.54. The stock has a market cap of $704.02 million, a PE ratio of 80.15, a PEG ratio of 1.96 and a beta of 1.25. Gladstone Commercial Co. has a twelve month low of $11.89 and a twelve month high of $17.88.

Gladstone Commercial Profile

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 January 2024, Gladstone Commercial has paid 229 consecutive monthly cash distributions on its common stock.