Marshall Wace LLP Raises Stock Holdings in Net Lease Office Properties (NYSE:NLOP)

Marshall Wace LLP grew its position in Net Lease Office Properties (NYSE:NLOP - Free Report) by 398.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 91,467 shares of the company's stock after buying an additional 73,119 shares during the period. Marshall Wace LLP owned approximately 0.62% of Net Lease Office Properties worth $2,252,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Royal London Asset Management Ltd. purchased a new position in shares of Net Lease Office Properties in the fourth quarter worth $131,000. Corsair Capital Management L.P. bought a new position in Net Lease Office Properties during the 4th quarter valued at about $272,000. PNC Financial Services Group Inc. bought a new position in Net Lease Office Properties during the 4th quarter valued at about $27,000. BNP Paribas Financial Markets purchased a new stake in shares of Net Lease Office Properties during the 1st quarter valued at about $304,000. Finally, SG Americas Securities LLC grew its stake in shares of Net Lease Office Properties by 56.2% in the first quarter. SG Americas Securities LLC now owns 105,380 shares of the company's stock worth $2,508,000 after acquiring an additional 37,908 shares during the period. Institutional investors own 58.33% of the company's stock.

Net Lease Office Properties Trading Up 1.3 %

Shares of NYSE NLOP traded up $0.38 during midday trading on Friday, hitting $30.08. 55,839 shares of the stock traded hands, compared to its average volume of 236,925. Net Lease Office Properties has a one year low of $9.50 and a one year high of $50.00. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.98 and a quick ratio of 1.98. The firm has a 50-day moving average of $30.01 and a two-hundred day moving average of $26.19.

Analyst Ratings Changes

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 Monday, August 12th.

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.