Hsbc Holdings PLC Grows Stock Position in Global Net Lease, Inc. $GNL

Hsbc Holdings PLC increased its stake in shares of Global Net Lease, Inc. (NYSE:GNLFree Report) by 14.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,151,749 shares of the financial services provider’s stock after purchasing an additional 397,854 shares during the quarter. Hsbc Holdings PLC’s holdings in Global Net Lease were worth $27,246,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Ameriflex Group Inc. raised its position in Global Net Lease by 43.3% in the 4th quarter. Ameriflex Group Inc. now owns 5,825 shares of the financial services provider’s stock valued at $50,000 after purchasing an additional 1,761 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of Global Net Lease by 68.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 27,635 shares of the financial services provider’s stock worth $238,000 after buying an additional 11,256 shares in the last quarter. XTX Topco Ltd increased its stake in shares of Global Net Lease by 680.5% during the fourth quarter. XTX Topco Ltd now owns 143,783 shares of the financial services provider’s stock worth $1,237,000 after buying an additional 125,362 shares during the period. VestGen Advisors LLC purchased a new stake in shares of Global Net Lease during the fourth quarter worth approximately $198,000. Finally, Man Group plc raised its holdings in Global Net Lease by 104.2% in the fourth quarter. Man Group plc now owns 72,217 shares of the financial services provider’s stock valued at $621,000 after acquiring an additional 36,853 shares in the last quarter. Hedge funds and other institutional investors own 61.19% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Global Net Lease from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. BMO Capital Markets downgraded shares of Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 price objective on the stock. in a research report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Global Net Lease has a consensus rating of “Buy” and a consensus target price of $10.40.

Read Our Latest Research Report on Global Net Lease

Global Net Lease Stock Up 0.2%

Global Net Lease stock opened at $9.19 on Thursday. The stock has a market cap of $1.95 billion, a PE ratio of -22.96 and a beta of 1.01. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.11 and a quick ratio of 0.11. The stock’s fifty day moving average is $9.35 and its two-hundred day moving average is $9.26. Global Net Lease, Inc. has a 1-year low of $6.77 and a 1-year high of $10.04.

Global Net Lease (NYSE:GNLGet Free Report) last released its quarterly earnings data on Tuesday, May 5th. The financial services provider reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.18). Global Net Lease had a negative return on equity of 2.90% and a negative net margin of 8.72%.The business had revenue of $109.29 million for the quarter, compared to analyst estimates of $112.37 million. Global Net Lease has set its FY 2026 guidance at 0.800-0.840 EPS.

Global Net Lease Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Monday, July 13th will be paid a dividend of $0.19 per share. The ex-dividend date is Monday, July 13th. This represents a $0.76 annualized dividend and a yield of 8.3%. Global Net Lease’s payout ratio is presently -190.00%.

Global Net Lease Profile

(Free Report)

Global Net Lease (NYSE: GNL) is a real estate investment trust (REIT) that focuses on acquiring and managing a diversified portfolio of single-tenant, net-lease commercial properties. The company’s business model centers on establishing long-term, triple-net leases with creditworthy tenants, enabling the pass-through of property operating expenses while aiming to provide predictable rental income and stable cash flows. Global Net Lease’s portfolio spans retail, industrial, office and light-industrial assets, each selected for its strategic location and tenant credit quality.

Since launching its initial public offering in April 2016, Global Net Lease has built a presence in key markets throughout the United States and Western Europe.

See Also

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Institutional Ownership by Quarter for Global Net Lease (NYSE:GNL)

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