GSA Capital Partners LLP Makes New $376,000 Investment in Net Lease Office Properties (NYSE:NLOP)

GSA Capital Partners LLP purchased a new position in shares of Net Lease Office Properties (NYSE:NLOP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 12,283 shares of the company’s stock, valued at approximately $376,000. GSA Capital Partners LLP owned approximately 0.08% of Net Lease Office Properties as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Gabelli Funds LLC purchased a new stake in shares of Net Lease Office Properties during the 1st quarter worth approximately $1,312,000. Vanguard Group Inc. lifted its position in shares of Net Lease Office Properties by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 1,509,945 shares of the company’s stock worth $35,937,000 after buying an additional 30,237 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Net Lease Office Properties by 73.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 66,080 shares of the company’s stock worth $1,627,000 after buying an additional 27,969 shares during the last quarter. Meros Investment Management LP lifted its position in shares of Net Lease Office Properties by 68.5% during the 2nd quarter. Meros Investment Management LP now owns 152,052 shares of the company’s stock worth $3,744,000 after buying an additional 61,818 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its position in shares of Net Lease Office Properties by 185.5% during the 1st quarter. Lazard Asset Management LLC now owns 2,167 shares of the company’s stock worth $51,000 after buying an additional 1,408 shares during the last quarter. Hedge funds and other institutional investors own 58.33% of the company’s stock.

Wall Street Analyst Weigh In

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 Thursday, November 14th.

Net Lease Office Properties Stock Performance

NLOP stock opened at $31.09 on Friday. The company has a fifty day moving average price of $30.71 and a 200 day moving average price of $27.93. Net Lease Office Properties has a 12 month low of $15.33 and a 12 month high of $32.94. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.38.

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.