Shares of Gladstone Commercial Corp. (NASDAQ:GOOD) saw unusually-strong trading volume on Wednesday . Approximately 190,042 shares changed hands during mid-day trading, an increase of 13% from the previous session’s volume of 168,089 shares.The stock last traded at $17.76 and had previously closed at $17.82.

A number of research firms have recently weighed in on GOOD. Zacks Investment Research raised shares of Gladstone Commercial Corp. from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research report on Tuesday, May 17th. TheStreet downgraded shares of Gladstone Commercial Corp. from a “hold” rating to a “sell” rating in a research report on Friday, April 29th.

The firm’s 50-day moving average price is $17.02 and its 200-day moving average price is $15.94. The company’s market capitalization is $400.93 million.

Gladstone Commercial Corp. (NASDAQ:GOOD) last posted its quarterly earnings results on Wednesday, April 27th. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.39. On average, analysts anticipate that Gladstone Commercial Corp. will post $1.54 earnings per share for the current fiscal year.

The company also recently declared a monthly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Monday, August 22nd will be given a $0.125 dividend. The ex-dividend date is Thursday, August 18th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 8.46%.

Several institutional investors recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in Gladstone Commercial Corp. by 15.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 275,518 shares of the real estate investment trust’s stock valued at $4,020,000 after buying an additional 36,150 shares during the period. Morgan Stanley increased its position in Gladstone Commercial Corp. by 43.4% in the fourth quarter. Morgan Stanley now owns 85,333 shares of the real estate investment trust’s stock valued at $1,245,000 after buying an additional 25,843 shares during the period. Finally, Systematic Financial Management LP bought a new position in Gladstone Commercial Corp. during the fourth quarter valued at approximately $1,232,000.

Gladstone Commercial Corporation is a real estate investment trust (REIT). The Company 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.

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