Thompson Siegel & Walmsley LLC Acquires Shares of 26,013 Net Lease Office Properties (NYSE:NLOP)

Thompson Siegel & Walmsley LLC bought a new position in Net Lease Office Properties (NYSE:NLOP - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 26,013 shares of the company's stock, valued at approximately $812,000. Thompson Siegel & Walmsley LLC owned 0.18% of Net Lease Office Properties as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of NLOP. Daiwa Securities Group Inc. raised its holdings in Net Lease Office Properties by 12.6% in the third quarter. Daiwa Securities Group Inc. now owns 4,952 shares of the company's stock worth $152,000 after purchasing an additional 556 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in Net Lease Office Properties in the 4th quarter valued at $161,000. Mirae Asset Global Investments Co. Ltd. lifted its position in Net Lease Office Properties by 9.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,339 shares of the company's stock valued at $166,000 after acquiring an additional 451 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Net Lease Office Properties in the 4th quarter valued at $236,000. Finally, MetLife Investment Management LLC lifted its position in Net Lease Office Properties by 115.6% in the 3rd quarter. MetLife Investment Management LLC now owns 9,327 shares of the company's stock valued at $286,000 after acquiring an additional 5,000 shares in the last quarter. 58.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

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Net Lease Office Properties Stock Up 1.2 %

NLOP stock traded up $0.38 during midday trading on Monday, hitting $30.90. The company's stock had a trading volume of 23,110 shares, compared to its average volume of 144,802. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.95 and a quick ratio of 1.95. Net Lease Office Properties has a twelve month low of $22.16 and a twelve month high of $34.38. The company's fifty day moving average price is $31.46 and its 200 day moving average price is $31.10. The stock has a market capitalization of $457.75 million, a P/E ratio of -4.99 and a beta of 0.88.

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

Net Lease Office Properties 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.