15,951 Shares in Net Lease Office Properties (NYSE:NLOP) Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new stake in shares of Net Lease Office Properties (NYSE:NLOP - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,951 shares of the company's stock, valued at approximately $498,000. Y Intercept Hong Kong Ltd owned approximately 0.11% of Net Lease Office Properties as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Wealthcare Advisory Partners LLC grew its position in shares of Net Lease Office Properties by 2.8% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 12,569 shares of the company's stock valued at $392,000 after buying an additional 346 shares during the last quarter. DRW Securities LLC acquired a new position in Net Lease Office Properties in the third quarter valued at approximately $976,000. Barclays PLC grew its holdings in shares of Net Lease Office Properties by 132.1% during the third quarter. Barclays PLC now owns 19,927 shares of the company's stock valued at $611,000 after purchasing an additional 11,341 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Net Lease Office Properties by 9.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,339 shares of the company's stock valued at $166,000 after purchasing an additional 451 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Net Lease Office Properties by 42.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 39,587 shares of the company's stock worth $1,212,000 after purchasing an additional 11,707 shares during the period. Institutional investors own 58.33% of the company's stock.

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Net Lease Office Properties Trading Down 1.2 %

Shares of Net Lease Office Properties stock traded down $0.40 during trading on Thursday, hitting $31.68. 28,465 shares of the stock were exchanged, compared to its average volume of 169,649. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.38. Net Lease Office Properties has a 12 month low of $22.16 and a 12 month high of $34.38. The stock's fifty day moving average is $31.50 and its 200 day moving average is $31.07.

Net Lease Office Properties (NYSE:NLOP - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported ($2.42) EPS for the quarter. The firm had revenue of $27.73 million during the quarter. Net Lease Office Properties had a negative return on equity of 30.16% and a negative net margin of 122.90%. On average, research analysts forecast that Net Lease Office Properties will post 2.64 earnings per share for the current year.

Analysts Set New Price Targets

Separately, BWS Financial restated a "buy" rating and set a $46.00 price objective on shares of Net Lease Office Properties in a research report on Thursday.

About Net Lease Office Properties

Net Lease Office Properties NYSE: NLOP is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe.