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

Barclays PLC boosted its holdings in shares of Net Lease Office Properties (NYSE:NLOP) by 132.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,927 shares of the company’s stock after purchasing an additional 11,341 shares during the quarter. Barclays PLC owned about 0.13% of Net Lease Office Properties worth $611,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of NLOP. State Street Corp increased its holdings in shares of Net Lease Office Properties by 1.7% in the 3rd quarter. State Street Corp now owns 399,647 shares of the company’s stock worth $12,237,000 after buying an additional 6,731 shares during the last quarter. Anson Funds Management LP increased its stake in Net Lease Office Properties by 46.6% during the third quarter. Anson Funds Management LP now owns 171,505 shares of the company’s stock worth $5,251,000 after acquiring an additional 54,552 shares during the last quarter. Meros Investment Management LP raised its position in Net Lease Office Properties by 68.5% during the second quarter. Meros Investment Management LP now owns 152,052 shares of the company’s stock valued at $3,744,000 after purchasing an additional 61,818 shares during the period. Charles Schwab Investment Management Inc. raised its position in Net Lease Office Properties by 2.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 126,828 shares of the company’s stock valued at $3,883,000 after purchasing an additional 2,444 shares during the period. Finally, Marshall Wace LLP lifted its stake in shares of Net Lease Office Properties by 398.5% in the 2nd quarter. Marshall Wace LLP now owns 91,467 shares of the company’s stock valued at $2,252,000 after purchasing an additional 73,119 shares during the last quarter. Institutional investors own 58.33% of the company’s stock.

Net Lease Office Properties Trading Down 2.4 %

Shares of NLOP opened at $31.94 on Friday. The company’s fifty day simple moving average is $31.30 and its 200-day simple moving average is $29.96. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.95 and a quick ratio of 1.95. Net Lease Office Properties has a twelve month low of $22.16 and a twelve month high of $33.06.

Analyst Upgrades and Downgrades

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

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.