Net Lease Office Properties (NYSE:NLOP - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $33.80 and last traded at $34.24, with a volume of 31598 shares changing hands. The stock had previously closed at $33.25.
Wall Street Analyst Weigh In
Separately, BWS Financial reiterated a "buy" rating and set a $46.00 price target on shares of Net Lease Office Properties in a report on Thursday, November 14th.
Check Out Our Latest Stock Analysis on Net Lease Office Properties
Net Lease Office Properties Stock Performance
The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.38. The firm's fifty day moving average is $31.40 and its 200 day moving average is $30.90.
Hedge Funds Weigh In On Net Lease Office Properties
Hedge funds have recently added to or reduced their stakes in the stock. DekaBank Deutsche Girozentrale bought a new position in Net Lease Office Properties in the 3rd quarter worth about $34,000. KLP Kapitalforvaltning AS bought a new position in Net Lease Office Properties in the 4th quarter worth about $76,000. Tower Research Capital LLC TRC grew its stake in Net Lease Office Properties by 113.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,515 shares of the company's stock worth $78,000 after acquiring an additional 1,339 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in Net Lease Office Properties by 12.6% in the 3rd quarter. Daiwa Securities Group Inc. now owns 4,952 shares of the company's stock worth $152,000 after acquiring an additional 556 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of Net Lease Office Properties in the 4th quarter worth approximately $161,000. 58.33% of the stock is currently owned by institutional investors.
Net Lease Office Properties Company Profile
(
Get 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.
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