Net Lease Office Properties (NYSE:NLOP) Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. boosted its holdings in Net Lease Office Properties (NYSE:NLOP) by 9.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,339 shares of the company’s stock after acquiring an additional 451 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Net Lease Office Properties were worth $166,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC raised its position in Net Lease Office Properties by 2.8% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 12,569 shares of the company’s stock valued at $392,000 after purchasing an additional 346 shares during the period. Daiwa Securities Group Inc. increased its position in shares of Net Lease Office Properties by 12.6% during the 3rd quarter. Daiwa Securities Group Inc. now owns 4,952 shares of the company’s stock worth $152,000 after purchasing an additional 556 shares during the last quarter. Dupree Financial Group LLC raised its holdings in 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 valued at $286,000 after buying an additional 855 shares during the period. DekaBank Deutsche Girozentrale acquired a new position in Net Lease Office Properties in the third quarter valued at about $34,000. Finally, SG Americas Securities LLC boosted its stake in Net Lease Office Properties by 1.5% during the fourth quarter. SG Americas Securities LLC now owns 107,626 shares of the company’s stock worth $3,359,000 after buying an additional 1,554 shares during the period. 58.33% of the stock is currently owned by hedge funds and other institutional investors.

Net Lease Office Properties Trading Up 2.9 %

Shares of NYSE NLOP opened at $31.94 on Friday. 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 business’s 50 day moving average is $31.35 and its two-hundred day moving average is $30.77. Net Lease Office Properties has a 52-week low of $22.16 and a 52-week high of $33.06.

Wall Street Analyst Weigh In

Separately, BWS Financial reissued a “buy” rating and issued a $46.00 price target 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.