1 week Ago By Defense World Staff
KLP Kapitalforvaltning AS acquired a new stake in Net Lease Office Properties (NYSE:NLOP – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,424 shares of the company’s stock, valued at approximately $76,000. Several other hedge funds and other institutional investors have also recently bought and sold shares of NLOP.
C2P Capital Advisory Group LLC d.b.a.
Prosperity Capital Advisors purchased a new position in shares of Net Lease Office Properties in the fourth quarter valued at $161,000. Mirae Asset Global Investments Co. Ltd.
grew its stake 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 during the last quarter. Raymond James Financial Inc.
acquired a new stake in Net Lease Office Properties in the 4th quarter valued at about $236,000. Point72 Asset Management L.P.
purchased a new position in Net Lease Office Properties during the 3rd quarter valued at about $348,000. Finally, Versor Investments LP acquired a new position in Net Lease Office Properties during the fourth quarter worth about $384,000. 58.
33% of the stock is owned by institutional investors and hedge funds. Net Lease Office Properties Stock PerformanceNet Lease Office Properties stock opened at $26.93 on Friday.
Net Lease Office Properties has a fifty-two week low of $22.16 and a fifty-two week high of $34.38.
The company has a market capitalization of $398.97 million, a price-to-earnings ratio of -4.35 and a beta of 0.
96. The stock has a fifty day moving average of $30.86 and a two-hundred day moving average of $31.
01. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.
95 and a current ratio of 1.95. Net Lease Office Properties (NYSE:NLOP – Get Free Report) last posted 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%. On average, analysts anticipate that Net Lease Office Properties will post 2.64 EPS for the current fiscal year.
Analyst Ratings ChangesSeparately, BWS Financial reiterated a “buy” rating and issued a $46.00 price target on shares of Net Lease Office Properties in a research report on Thursday, March 6th.Check Out Our Latest Stock Analysis on Net Lease Office PropertiesNet Lease Office Properties Company Profile (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.See AlsoFive stocks we like better than Net Lease Office PropertiesCD Calculator: Certificate of Deposit Calculator JPMorgan is a Buy, if You Can Handle The Volatility How to Buy Gold Stock and Invest in GoldUnited States Steel’s Crash: An Unmissable Buying OpportunityHigh Flyers: 3 Natural Gas Stocks for March 2022Rocket Lab Stock: Weathering the Storm, Time for a Comeback?.
