Net Lease Office Properties (NYSE:NLOP) Shares Sold by J. Goldman & Co LP

J. Goldman & Co LP trimmed its holdings in Net Lease Office Properties (NYSE:NLOP - Free Report) by 6.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 630,734 shares of the company's stock after selling 41,721 shares during the period. J. Goldman & Co LP owned about 4.27% of Net Lease Office Properties worth $19,685,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. KLP Kapitalforvaltning AS purchased a new stake in shares of Net Lease Office Properties in the 4th quarter valued at $76,000. Tower Research Capital LLC TRC raised its holdings in 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 worth $78,000 after purchasing an additional 1,339 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in Net Lease Office Properties during the 4th quarter valued at about $161,000. Mirae Asset Global Investments Co. Ltd. lifted its position in Net Lease Office Properties by 9.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,339 shares of the company's stock valued at $166,000 after acquiring an additional 451 shares during the period. Finally, Resona Asset Management Co. Ltd. bought a new stake in Net Lease Office Properties during the 4th quarter valued at about $184,000. 58.33% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Net Lease Office Properties Trading Up 1.3%

NLOP stock traded up $0.40 during mid-day trading on Thursday, reaching $30.40. 68,268 shares of the stock traded hands, compared to its average volume of 156,638. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.95 and a current ratio of 1.95. Net Lease Office Properties has a one year low of $22.36 and a one year high of $34.38. The stock has a market capitalization of $450.35 million, a PE ratio of -4.91 and a beta of 1.03. The business has a 50-day moving average price of $29.78 and a two-hundred day moving average price of $30.88.

Net Lease Office Properties (NYSE:NLOP - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported ($2.42) earnings per share for the quarter. Net Lease Office Properties had a negative return on equity of 30.16% and a negative net margin of 122.90%. The business had revenue of $27.73 million during the quarter. Equities research analysts expect that Net Lease Office Properties will post 2.64 EPS for the current year.

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.