Gladstone Commercial (GOOD) Rating Reiterated by Ladenburg Thalmann Financial Services

Gladstone Commercial (NASDAQ:GOOD)‘s stock had its “hold” rating reissued by stock analysts at Ladenburg Thalmann Financial Services in a research note issued to investors on Friday.

GOOD has been the subject of several other research reports. Zacks Investment Research upgraded shares of Gladstone Commercial from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th. BidaskClub upgraded shares of Gladstone Commercial from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. ValuEngine cut shares of Gladstone Commercial from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 20th. Finally, Janney Montgomery Scott began coverage on shares of Gladstone Commercial in a research report on Friday, September 8th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $23.33.

Gladstone Commercial (NASDAQ:GOOD) opened at $22.78 on Friday. Gladstone Commercial has a 1 year low of $18.17 and a 1 year 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 cap of $632.80, a PE ratio of 15.13, a price-to-earnings-growth ratio of 2.50 and a beta of 0.86.

Several large investors have recently modified their holdings of GOOD. Creative Planning lifted its stake in shares of Gladstone Commercial by 11.7% in the 2nd quarter. Creative Planning now owns 4,928 shares of the real estate investment trust’s stock worth $107,000 after acquiring an additional 517 shares during the period. BNP Paribas Arbitrage SA lifted its stake in shares of Gladstone Commercial by 99.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,032 shares of the real estate investment trust’s stock worth $110,000 after acquiring an additional 2,511 shares during the period. Nisa Investment Advisors LLC lifted its stake in shares of Gladstone Commercial by 4.5% in the 2nd quarter. Nisa Investment Advisors LLC now owns 8,190 shares of the real estate investment trust’s stock worth $168,000 after acquiring an additional 350 shares during the period. Bank of America Corp DE lifted its stake in shares of Gladstone Commercial by 44.0% in the 1st quarter. Bank of America Corp DE now owns 12,831 shares of the real estate investment trust’s stock worth $265,000 after acquiring an additional 3,918 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Gladstone Commercial by 7.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,488 shares of the real estate investment trust’s stock worth $279,000 after acquiring an additional 910 shares during the period. 52.81% 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.

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