12 hours Ago By ABMN Staff
Marshall Wace LLP cut its holdings in shares of Net Lease Office Properties ( NYSE:NLOP – Free Report ) by 58.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,243 shares of the company’s stock after selling 51,540 shares during the period.
Marshall Wace LLP owned 0.25% of Net Lease Office Properties worth $1,162,000 at the end of the most recent reporting period. A number of other hedge funds have also modified their holdings of NLOP.
KLP Kapitalforvaltning AS purchased a new position in shares of Net Lease Office Properties during the fourth quarter worth approximately $76,000. C2P Capital Advisory Group LLC d.b.
a. Prosperity Capital Advisors purchased a new position in shares of Net Lease Office Properties during the fourth quarter worth approximately $161,000. Mirae Asset Global Investments Co.
Ltd. grew its position in shares of Net Lease Office Properties by 9.2% during the fourth quarter.
Mirae Asset Global Investments Co. Ltd. now owns 5,339 shares of the company’s stock worth $166,000 after acquiring an additional 451 shares during the last quarter.
Resona Asset Management Co. Ltd. acquired a new stake in shares of Net Lease Office Properties during the fourth quarter worth $184,000.
Finally, Raymond James Financial Inc. acquired a new stake in shares of Net Lease Office Properties during the fourth quarter worth $236,000. 58.
33% of the stock is currently owned by hedge funds and other institutional investors. Net Lease Office Properties Price Performance Shares of NYSE NLOP opened at $30.08 on Wednesday.
The company has a debt-to-equity ratio of 0.38, a current ratio of 1.95 and a quick ratio of 1.
95. The stock has a fifty day moving average price of $30.13 and a 200 day moving average price of $30.
90. Net Lease Office Properties has a 1-year low of $22.36 and a 1-year high of $34.
38. The company has a market cap of $445.61 million, a PE ratio of -4.
86 and a beta of 0.96. Wall Street Analysts Forecast Growth Separately, BWS Financial reaffirmed a “buy” rating and set a $46.
00 price target on shares of Net Lease Office Properties in a report on Thursday, March 6th. View Our Latest Stock Analysis on NLOP About Net Lease Office Properties ( 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.
Featured Articles Want to see what other hedge funds are holding NLOP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Net Lease Office Properties ( NYSE:NLOP – Free Report ). Receive News & Ratings for Net Lease Office Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Net Lease Office Properties and related companies with MarketBeat.
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