7,115 Shares in Net Lease Office Properties (NYSE:NLOP) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new stake in Net Lease Office Properties (NYSE:NLOP) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,115 shares of the company’s stock, valued at approximately $131,000.

Several other large investors also recently added to or reduced their stakes in NLOP. Spirit of America Management Corp NY bought a new position in shares of Net Lease Office Properties in the 4th quarter valued at approximately $34,000. State of Alaska Department of Revenue acquired a new position in Net Lease Office Properties during the fourth quarter valued at approximately $124,000. WealthPlan Investment Management LLC bought a new position in shares of Net Lease Office Properties in the fourth quarter valued at approximately $206,000. Asset Management One Co. Ltd. acquired a new stake in shares of Net Lease Office Properties in the fourth quarter worth $408,000. Finally, SG Americas Securities LLC bought a new stake in shares of Net Lease Office Properties during the 4th quarter worth $1,247,000. 58.33% of the stock is owned by institutional investors.

Insider Buying and Selling at Net Lease Office Properties

In other Net Lease Office Properties news, Director Richard J. Pinola purchased 2,066 shares of the company’s stock in a transaction on Friday, March 8th. The shares were bought at an average cost of $24.21 per share, with a total value of $50,017.86. Following the transaction, the director now directly owns 12,028 shares in the company, valued at approximately $291,197.88. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Net Lease Office Properties Trading Up 0.8 %

Net Lease Office Properties stock opened at $23.09 on Tuesday. Net Lease Office Properties has a 52 week low of $9.50 and a 52 week high of $50.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.14 and a current ratio of 1.14. The business has a 50-day simple moving average of $23.84.

Wall Street Analysts Forecast Growth

Separately, BWS Financial initiated coverage on shares of Net Lease Office Properties in a report on Friday, February 9th. They issued a “buy” rating and a $60.00 target price on the stock.

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.