January 31, 2023

According to the most recent filing that Janney Montgomery Scott LLC filed with the Securities and Exchange Commission, the company increased its stake in Global Medical REIT Inc. (NYSE: GMRE) in the third quarter of 2018. The fund held a total of 145,699 shares of the company at the end of the time frame, having purchased an additional 18,305 shares during the time frame. Janney Montgomery Scott LLC told the Securities and Exchange Commission (SEC) in its most recent statement that it owns 0.22% of the Global Medical REIT, for a total value of $1,241,000.

In addition, several other hedge funds’ holdings in the company were changed as a result of these changes. The percentage of Harel Insurance Investments & Financial Services Ltd. Holdings in Global Medical REIT increased 50.0% in the second quarter of the year. Harel Insurance Investments & Financial Services Ltd. now owns 3,000 shares of the company. This is the result of an additional 1,000 shares purchased by the company in the most recent fiscal quarter. The current market value of these shares is $34,000. In the first three months of 2018, Invesco Ltd. Added 2.3% more shares of the Global Medical REIT to its holdings. invesco ltd now owns 65,254 shares after purchasing an additional 1,461 shares last quarter. The total value of Invesco Ltd.’s holdings in the company now amounts to $1,064,000. The Alaska Department of Revenue increased its stake in Global Medical REIT by 5.4% in the third quarter. The Alaska Department of Treasury now owns a total of 30,346 shares of the company after purchasing an additional 1,560 shares last quarter. The value of these shares is currently $258,000. During the second quarter, 1492 Capital Management LLC achieved a 13.4% increase in its stake in Global Medical REIT. After purchasing an additional 1,832 shares last quarter, 1492 Capital Management LLC now has 15,510 shares. The current market value of all these shares is $174,000 and they have been purchased (at the time of last reporting).

Last but not least, Raymond James Financial Services Advisors Inc. increased the percentage of Global Medical REIT stock it owns by 3.5% during the third quarter. This is not to say that this is the least important thing at this time. Raymond James Financial Services Advisors Inc. now owns 62,248 shares after purchasing an additional 2,099 shares last quarter. Each share of the company is valued at $530,000. Hedge funds and other institutional investors own shares of Raymond James Financial Services Advisors Inc. to the extent that they represent 65.08% of the total.

On Wednesday morning, GMRE stock price opened the trading session at $10.49. There is a correlation between the current ratio, the quick ratio and the debt-to-equity ratio, which is 1.09. The current and fast ratios are both 0.19, and the debt to equity ratio is 1.09. The company has a price-to-earnings ratio of 41.96, an earnings-to-growth ratio of 1.37 and a beta value of 1.02. Currently, the stock is valued at a total of $687.28 million in the market. The 50-day moving average for the company is $9.70 and the 200-day moving average is $10.03. Global Medical REIT Inc. hit an all-time low of $7.01 over the past year while the company’s stock hit an all-time high of $17.

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