Barclays PLC Grows Position in Net Lease Office Properties (NYSE:NLOP)

Barclays PLC raised its position in shares of Net Lease Office Properties (NYSE:NLOP) by 132.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,927 shares of the company’s stock after acquiring an additional 11,341 shares during the period. Barclays PLC owned approximately 0.13% of Net Lease Office Properties worth $611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bluefin Capital Management LLC grew its position in Net Lease Office Properties by 1.4% in the second quarter. Bluefin Capital Management LLC now owns 37,971 shares of the company’s stock worth $935,000 after acquiring an additional 537 shares in the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Net Lease Office Properties by 12.6% in the 3rd quarter. Daiwa Securities Group Inc. now owns 4,952 shares of the company’s stock valued at $152,000 after purchasing an additional 556 shares during the last quarter. Dupree Financial Group LLC boosted its holdings in shares of Net Lease Office Properties by 10.1% in the 3rd quarter. Dupree Financial Group LLC now owns 9,338 shares of the company’s stock worth $286,000 after purchasing an additional 855 shares during the period. DekaBank Deutsche Girozentrale bought a new position in shares of Net Lease Office Properties during the 3rd quarter valued at approximately $34,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in Net Lease Office Properties during the 2nd quarter valued at $55,000. 58.33% of the stock is currently owned by institutional investors.

Net Lease Office Properties Stock Up 0.4 %

Shares of NYSE:NLOP opened at $31.21 on Thursday. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.38. Net Lease Office Properties has a 12 month low of $16.83 and a 12 month high of $33.06. The firm’s 50-day moving average is $31.31 and its 200 day moving average is $29.56.

Wall Street Analysts Forecast Growth

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

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.