Net Lease Office Properties (NYSE:NLOP) Shares Sold by Anson Funds Management LP

Anson Funds Management LP lowered its position in Net Lease Office Properties (NYSE:NLOP - Free Report) by 27.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 124,953 shares of the company's stock after selling 46,552 shares during the quarter. Anson Funds Management LP owned about 0.85% of Net Lease Office Properties worth $3,900,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Castalian Partners LLC acquired a new stake in Net Lease Office Properties in the fourth quarter valued at approximately $6,360,000. Rangeley Capital LLC purchased a new position in shares of Net Lease Office Properties in the fourth quarter worth $5,228,000. National Bank of Canada FI acquired a new stake in shares of Net Lease Office Properties during the fourth quarter worth $3,533,000. DRW Securities LLC grew its holdings in shares of Net Lease Office Properties by 129.9% during the fourth quarter. DRW Securities LLC now owns 73,270 shares of the company's stock valued at $2,287,000 after buying an additional 41,397 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Net Lease Office Properties by 43.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 115,078 shares of the company's stock valued at $3,592,000 after acquiring an additional 34,985 shares during the period. Institutional investors own 58.33% of the company's stock.

Net Lease Office Properties Price Performance

Net Lease Office Properties stock traded up $0.52 during trading on Thursday, reaching $30.60. The company had a trading volume of 26,248 shares, compared to its average volume of 159,921. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.95 and a current ratio of 1.95. The firm has a market capitalization of $453.31 million, a PE ratio of -4.94 and a beta of 1.03. Net Lease Office Properties has a 1-year low of $22.36 and a 1-year high of $34.38. The firm's 50-day simple moving average is $29.95 and its 200 day simple moving average is $30.87.

Net Lease Office Properties (NYSE:NLOP - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported ($2.42) earnings per share for the quarter. The firm had revenue of $27.73 million for the quarter. Net Lease Office Properties had a negative net margin of 122.90% and a negative return on equity of 30.16%. As a group, equities research analysts anticipate that Net Lease Office Properties will post 2.64 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, BWS Financial reiterated a "buy" rating and set a $46.00 price target on shares of Net Lease Office Properties in a research note on Thursday, March 6th.

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.