GAMMA Investing LLC Increases Position in Net Lease Office Properties (NYSE:NLOP)

GAMMA Investing LLC lifted its holdings in Net Lease Office Properties (NYSE:NLOP - Free Report) by 3,104.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Charles Schwab Investment Management Inc. increased its stake in shares of Net Lease Office Properties by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 127,521 shares of the company's stock valued at $3,980,000 after purchasing an additional 693 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Net Lease Office Properties by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 372,442 shares of the company's stock valued at $11,627,000 after purchasing an additional 1,109 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Net Lease Office Properties by 5.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 23,212 shares of the company's stock valued at $725,000 after purchasing an additional 1,176 shares in the last quarter. Two Sigma Advisers LP increased its stake in shares of Net Lease Office Properties by 12.8% in the 4th quarter. Two Sigma Advisers LP now owns 11,356 shares of the company's stock valued at $354,000 after purchasing an additional 1,291 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in shares of Net Lease Office Properties by 113.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,515 shares of the company's stock valued at $78,000 after purchasing an additional 1,339 shares in the last quarter. Hedge funds and other institutional investors own 58.33% of the company's stock.

Net Lease Office Properties Trading Up 1.6%

NLOP stock opened at $33.03 on Friday. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.25. Net Lease Office Properties has a 12-month low of $23.38 and a 12-month high of $34.38. The stock has a market cap of $489.10 million, a price-to-earnings ratio of -7.72 and a beta of 0.89. The business's 50-day moving average is $30.51 and its 200 day moving average is $30.92.

Wall Street Analyst Weigh In

Separately, BWS Financial reiterated a "buy" rating and issued a $46.00 price objective 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.

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