Gladstone Commercial Corp. (NASDAQ:GOOD) shares saw strong trading volume on Monday . 153,849 shares were traded during mid-day trading, an increase of 24% from the previous session’s volume of 124,302 shares.The stock last traded at $18.16 and had previously closed at $17.90.

A number of analysts have weighed in on the company. TheStreet upgraded Gladstone Commercial Corp. from a “sell” rating to a “hold” rating in a research note on Monday, August 8th. Zacks Investment Research cut Gladstone Commercial Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 26th.

The firm’s market cap is $404.46 million. The firm’s 50 day moving average price is $17.61 and its 200-day moving average price is $16.49.

Gladstone Commercial Corp. (NASDAQ:GOOD) last issued its quarterly earnings results on Monday, July 25th. The real estate investment trust reported $0.38 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.38. On average, equities analysts predict that Gladstone Commercial Corp. will post $1.54 EPS for the current year.

The firm also recently declared a monthly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Monday, August 22nd will be issued a $0.125 dividend. The ex-dividend date of this dividend is Thursday, August 18th. This represents a $1.50 annualized dividend and a yield of 8.36%.

Several hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake 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 worth $4,020,000 after buying an additional 36,150 shares during the last quarter. Systematic Financial Management LP purchased a new stake in Gladstone Commercial Corp. during the fourth quarter worth approximately $1,232,000. Finally, Morgan Stanley increased its stake 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 worth $1,245,000 after buying an additional 25,843 shares during the last quarter.

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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