Sei Investments Co. Boosts Stake in Global Net Lease, Inc. $GNL

Sei Investments Co. grew its holdings in Global Net Lease, Inc. (NYSE:GNL) by 77.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 435,728 shares of the financial services provider’s stock after purchasing an additional 189,587 shares during the period. Sei Investments Co. owned approximately 0.21% of Global Net Lease worth $4,078,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of GNL. Teacher Retirement System of Texas raised its stake in shares of Global Net Lease by 71.6% in the 4th quarter. Teacher Retirement System of Texas now owns 355,766 shares of the financial services provider’s stock valued at $3,060,000 after acquiring an additional 148,452 shares during the period. Aberdeen Group plc boosted its position in shares of Global Net Lease by 27.6% during the 4th quarter. Aberdeen Group plc now owns 308,042 shares of the financial services provider’s stock worth $2,649,000 after purchasing an additional 66,657 shares during the period. Jupiter Asset Management Ltd. purchased a new position in shares of Global Net Lease during the 4th quarter worth approximately $6,220,000. First Trust Advisors LP boosted its position in shares of Global Net Lease by 282.7% during the 1st quarter. First Trust Advisors LP now owns 614,335 shares of the financial services provider’s stock worth $5,750,000 after purchasing an additional 453,808 shares during the period. Finally, Independent Financial Group LLC acquired a new stake in Global Net Lease in the 1st quarter valued at approximately $2,169,000. 61.19% of the stock is currently owned by hedge funds and other institutional investors.

Global Net Lease Stock Up 5.5%

Global Net Lease stock opened at $9.09 on Friday. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of -32.46 and a beta of 1.02. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.78. The stock has a 50 day moving average of $9.09 and a two-hundred day moving average of $9.33. Global Net Lease, Inc. has a twelve month low of $6.80 and a twelve month high of $10.04.

Global Net Lease (NYSE:GNL) last issued its quarterly earnings data on Wednesday, August 5th. The financial services provider reported ($0.05) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.05). Global Net Lease had a negative return on equity of 0.98% and a negative net margin of 2.94%.The firm had revenue of $112.47 million during the quarter, compared to analysts’ expectations of $109.68 million. Global Net Lease has set its FY 2026 guidance at 0.820-0.850 EPS.

Global Net Lease Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Monday, July 13th were given a $0.19 dividend. The ex-dividend date of this dividend was Monday, July 13th. This represents a $0.76 annualized dividend and a dividend yield of 8.4%. Global Net Lease’s dividend payout ratio (DPR) is currently -190.00%.

Analyst Ratings Changes

GNL has been the topic of a number of research analyst reports. BMO Capital Markets lowered Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 target price on the stock. in a research report on Friday, April 17th. Huntington initiated coverage on Global Net Lease in a research report on Wednesday, July 15th. They set a “market perform” rating and a $10.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Global Net Lease presently has a consensus rating of “Moderate Buy” and an average price target of $10.00.

Global Net Lease Company Profile

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.