JPMorgan Chase & Co. Has $1.94 Million Stock Holdings in Net Lease Office Properties (NYSE:NLOP)

JPMorgan Chase & Co. lifted its stake in Net Lease Office Properties (NYSE:NLOP - Free Report) by 56.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,041 shares of the company's stock after purchasing an additional 22,454 shares during the period. JPMorgan Chase & Co. owned 0.42% of Net Lease Office Properties worth $1,936,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in NLOP. State Street Corp raised its holdings in Net Lease Office Properties by 1.7% in the third quarter. State Street Corp now owns 399,647 shares of the company's stock worth $12,237,000 after purchasing an additional 6,731 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Net Lease Office Properties by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 127,521 shares of the company's stock valued at $3,980,000 after buying an additional 693 shares in the last quarter. SG Americas Securities LLC raised its stake in Net Lease Office Properties by 1.5% during the 4th quarter. SG Americas Securities LLC now owns 107,626 shares of the company's stock worth $3,359,000 after buying an additional 1,554 shares during the period. Thompson Siegel & Walmsley LLC bought a new position in Net Lease Office Properties during the fourth quarter worth about $812,000. Finally, Barclays PLC grew its stake in Net Lease Office Properties by 132.1% in the third quarter. Barclays PLC now owns 19,927 shares of the company's stock valued at $611,000 after acquiring an additional 11,341 shares during the period. 58.33% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, BWS Financial reaffirmed a "buy" rating and set a $46.00 price target on shares of Net Lease Office Properties in a research report on Thursday, March 6th.

Net Lease Office Properties Stock Down 0.6 %

NLOP traded down $0.19 during trading on Monday, reaching $30.24. The company had a trading volume of 68,272 shares, compared to its average volume of 166,962. The company has a market cap of $447.98 million, a P/E ratio of -4.89 and a beta of 0.96. Net Lease Office Properties has a 12 month low of $22.36 and a 12 month high of $34.38. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.95 and a quick ratio of 1.95. The business's fifty day moving average price is $30.25 and its 200 day moving average price is $30.92.

Net Lease Office Properties (NYSE:NLOP - Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The company reported ($2.42) EPS for the quarter. The company had revenue of $27.73 million for the quarter. Net Lease Office Properties had a negative return on equity of 30.16% and a negative net margin of 122.90%. Equities analysts anticipate that Net Lease Office Properties will post 2.64 EPS for the current year.

Net Lease Office Properties Company Profile

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.