Daiwa Securities Group Inc. Acquires 556 Shares of Net Lease Office Properties (NYSE:NLOP)

Daiwa Securities Group Inc. raised its holdings in shares of Net Lease Office Properties (NYSE:NLOP) by 12.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,952 shares of the company’s stock after purchasing an additional 556 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Net Lease Office Properties were worth $152,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale bought a new position in Net Lease Office Properties in the 3rd quarter worth about $34,000. Lazard Asset Management LLC grew its stake in Net Lease Office Properties by 185.5% in the first quarter. Lazard Asset Management LLC now owns 2,167 shares of the company’s stock worth $51,000 after purchasing an additional 1,408 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in Net Lease Office Properties during the 2nd quarter worth $55,000. Dupree Financial Group LLC purchased a new position in Net Lease Office Properties during the 2nd quarter worth $209,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in Net Lease Office Properties during the 3rd quarter valued at $217,000. Institutional investors own 58.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, BWS Financial reissued a “buy” rating and set a $46.00 price target on shares of Net Lease Office Properties in a research report on Thursday, November 14th.

Net Lease Office Properties Price Performance

Shares of Net Lease Office Properties stock opened at $32.74 on Monday. Net Lease Office Properties has a 1 year low of $16.04 and a 1 year 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. The firm’s 50-day moving average is $30.84 and its two-hundred day moving average is $28.30.

Net Lease Office Properties Company 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.