GAMMA Investing LLC Has $479,000 Stock Holdings in Net Lease Office Properties (NYSE:NLOP)

GAMMA Investing LLC grew its holdings in Net Lease Office Properties (NYSE:NLOP - Free Report) by 3,104.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,031 shares of the company's stock after purchasing an additional 14,562 shares during the period. GAMMA Investing LLC owned about 0.10% of Net Lease Office Properties worth $479,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in NLOP. KLP Kapitalforvaltning AS acquired a new position in Net Lease Office Properties in the fourth quarter worth approximately $76,000. Tower Research Capital LLC TRC increased its holdings in Net Lease Office Properties by 113.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,515 shares of the company's stock worth $78,000 after buying an additional 1,339 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Net Lease Office Properties during the fourth quarter valued at approximately $161,000. Resona Asset Management Co. Ltd. acquired a new position in Net Lease Office Properties during the fourth quarter valued at approximately $184,000. Finally, Raymond James Financial Inc. acquired a new position in Net Lease Office Properties during the fourth quarter valued at approximately $236,000. Institutional investors and hedge funds own 58.33% of the company's stock.

Net Lease Office Properties Stock Performance

NLOP stock traded up $0.08 during midday trading on Monday, hitting $33.46. 89,221 shares of the company traded hands, compared to its average volume of 144,890. Net Lease Office Properties has a twelve month low of $23.38 and a twelve month high of $34.38. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.25. The business has a 50 day simple moving average of $30.64 and a 200-day simple moving average of $30.92. The stock has a market capitalization of $495.54 million, a price-to-earnings ratio of -7.82 and a beta of 0.90.

Analysts Set New Price Targets

Separately, BWS Financial reiterated a "buy" rating and set a $46.00 price target on shares of Net Lease Office Properties in a report 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.