Anson Funds Management LP cut its holdings in shares of Net Lease Office Properties (NYSE:NLOP – Free Report) by 77.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,790 shares of the company’s stock after selling 96,163 shares during the period. Anson Funds Management LP owned about 0.19% of Net Lease Office Properties worth $903,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Tower Research Capital LLC TRC increased its stake in Net Lease Office Properties by 113.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,515 shares of the company’s stock worth $78,000 after purchasing an additional 1,339 shares during the period. Quantbot Technologies LP increased its stake in shares of Net Lease Office Properties by 163.4% during the first quarter. Quantbot Technologies LP now owns 5,924 shares of the company’s stock worth $186,000 after buying an additional 3,675 shares during the period. Resona Asset Management Co. Ltd. increased its stake in shares of Net Lease Office Properties by 8.0% during the first quarter. Resona Asset Management Co. Ltd. now owns 6,455 shares of the company’s stock worth $203,000 after buying an additional 478 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Net Lease Office Properties during the fourth quarter worth approximately $236,000. Finally, Fifth Lane Capital LP purchased a new stake in shares of Net Lease Office Properties during the first quarter worth approximately $251,000. 58.33% of the stock is currently owned by hedge funds and other institutional investors.
Net Lease Office Properties Stock Up 1.7%
NLOP stock opened at $29.9950 on Friday. The company’s 50 day moving average price is $32.79 and its 200 day moving average price is $31.38. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.29 and a current ratio of 1.29. Net Lease Office Properties has a fifty-two week low of $26.10 and a fifty-two week high of $34.53. The firm has a market capitalization of $444.23 million, a price-to-earnings ratio of -2.82 and a beta of 0.84.
Net Lease Office Properties Announces Dividend
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.
Further Reading
- Five stocks we like better than Net Lease Office Properties
- Find and Profitably Trade Stocks at 52-Week Lows
- V2X Stock: Defense Underdog Riding a $4.3B Air Force Contract
- Health Care Stocks Explained: Why You Might Want to Invest
- Equal Weight ETFs: Hidden Upside in Today’s Market
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Zillow Group Approaching Key Technical Levels: Is It Time to Buy?
Want to see what other hedge funds are holding NLOP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Net Lease Office Properties (NYSE:NLOP – Free Report).
Receive News & Ratings for Net Lease Office Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Net Lease Office Properties and related companies with MarketBeat.com's FREE daily email newsletter.