Alps Advisors Inc. Sells 106,865 Shares of Global Medical REIT Inc. $GMRE

Market Beat
2026.02.12 08:51
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Alps Advisors Inc. has reduced its stake in Global Medical REIT Inc. (NYSE: GMRE) by 80%, selling 106,865 shares in Q3, leaving it with 26,731 shares valued at $901,000. Other institutional investors have also adjusted their holdings in GMRE. The stock currently has a market cap of $493.35 million, with a price-to-earnings ratio of -147.16. Global Medical REIT recently announced a quarterly dividend of $0.75 per share, yielding 8.2%. CEO Mark Okey Decker, Jr. purchased 10,000 shares, increasing his ownership by 28.76%.