Versor Investments LP Makes New $384,000 Investment in Net Lease Office Properties (NYSE:NLOP)

Versor Investments LP purchased a new stake in Net Lease Office Properties (NYSE:NLOP - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,300 shares of the company's stock, valued at approximately $384,000. Versor Investments LP owned approximately 0.08% of Net Lease Office Properties at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Wealthcare Advisory Partners LLC grew its holdings in Net Lease Office Properties by 2.8% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 12,569 shares of the company's stock valued at $392,000 after buying an additional 346 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Net Lease Office Properties by 9.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,339 shares of the company's stock valued at $166,000 after purchasing an additional 451 shares during the period. Daiwa Securities Group Inc. increased its position in Net Lease Office Properties by 12.6% during 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 last quarter. DekaBank Deutsche Girozentrale acquired a new stake in Net Lease Office Properties during the third quarter worth about $34,000. Finally, SG Americas Securities LLC raised its stake in Net Lease Office Properties by 1.5% during the fourth quarter. SG Americas Securities LLC now owns 107,626 shares of the company's stock worth $3,359,000 after purchasing an additional 1,554 shares during the period. Institutional investors and hedge funds own 58.33% of the company's stock.

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Wall Street Analyst Weigh In

Separately, BWS Financial reissued a "buy" rating and issued a $46.00 price target on shares of Net Lease Office Properties in a research note on Thursday.

Net Lease Office Properties Stock Down 1.2 %

NLOP stock traded down $0.39 during midday trading on Thursday, hitting $31.68. 29,453 shares of the company's stock were exchanged, compared to its average volume of 169,781. Net Lease Office Properties has a 1-year low of $22.16 and a 1-year high of $34.38. The business has a 50-day simple moving average of $31.50 and a two-hundred day simple moving average of $31.07. 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 (NYSE:NLOP - Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The company reported ($2.42) earnings per share (EPS) for the quarter. Net Lease Office Properties had a negative return on equity of 30.16% and a negative net margin of 122.90%. The business had revenue of $27.73 million for the quarter. On average, analysts expect that Net Lease Office Properties will post 2.64 earnings per share for the current year.

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.