Barclays PLC raised its position in Net Lease Office Properties (NYSE:NLOP - Free Report) by 132.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,927 shares of the company's stock after acquiring an additional 11,341 shares during the quarter. Barclays PLC owned approximately 0.13% of Net Lease Office Properties worth $611,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in NLOP. State Street Corp increased its holdings in shares of Net Lease Office Properties by 1.7% in the 3rd quarter. State Street Corp now owns 399,647 shares of the company's stock valued at $12,237,000 after acquiring an additional 6,731 shares during the last quarter. Anson Funds Management LP boosted its holdings in Net Lease Office Properties by 46.6% in the third quarter. Anson Funds Management LP now owns 171,505 shares of the company's stock valued at $5,251,000 after purchasing an additional 54,552 shares in the last quarter. Meros Investment Management LP increased its stake in Net Lease Office Properties by 68.5% in the second quarter. Meros Investment Management LP now owns 152,052 shares of the company's stock valued at $3,744,000 after purchasing an additional 61,818 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Net Lease Office Properties by 2.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 126,828 shares of the company's stock worth $3,883,000 after purchasing an additional 2,444 shares in the last quarter. Finally, Marshall Wace LLP raised its holdings in Net Lease Office Properties by 398.5% during the second quarter. Marshall Wace LLP now owns 91,467 shares of the company's stock worth $2,252,000 after purchasing an additional 73,119 shares in the last quarter. Institutional investors and hedge funds own 58.33% of the company's stock.
Analyst Upgrades and Downgrades
Separately, BWS Financial reaffirmed a "buy" rating and issued a $46.00 target price on shares of Net Lease Office Properties in a research report on Thursday, November 14th.
Read Our Latest Research Report on NLOP
Net Lease Office Properties Stock Performance
Shares of NLOP traded down $0.24 during midday trading on Friday, reaching $31.73. 266,385 shares of the stock were exchanged, compared to its average volume of 258,253. Net Lease Office Properties has a twelve month low of $22.16 and a twelve month high of $33.06. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.38. The business's 50-day moving average price is $31.30 and its 200 day moving average price is $30.03.
About Net Lease Office Properties
(
Free Report)
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.
Featured Articles
Before you consider Net Lease Office Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Net Lease Office Properties wasn't on the list.
While Net Lease Office Properties currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
