Mariner LLC Raises Stake in Net Lease Office Properties (NYSE:NLOP)

Mariner LLC lifted its holdings in shares of Net Lease Office Properties (NYSE:NLOP - Free Report) by 83.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 23,566 shares of the company's stock after acquiring an additional 10,734 shares during the period. Mariner LLC owned approximately 0.16% of Net Lease Office Properties worth $736,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of NLOP. Wealthcare Advisory Partners LLC boosted its stake in shares of Net Lease Office Properties by 2.8% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 12,569 shares of the company's stock worth $392,000 after acquiring an additional 346 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of 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 worth $166,000 after purchasing an additional 451 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Net Lease Office Properties by 0.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 127,521 shares of the company's stock worth $3,980,000 after purchasing an additional 693 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Net Lease Office Properties by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 372,442 shares of the company's stock worth $11,627,000 after buying an additional 1,109 shares in the last quarter. Finally, SG Americas Securities LLC lifted its stake in Net Lease Office Properties by 1.5% in the 4th quarter. SG Americas Securities LLC now owns 107,626 shares of the company's stock worth $3,359,000 after purchasing an additional 1,554 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 0.4 %

Net Lease Office Properties stock traded up $0.11 during midday trading on Friday, reaching $30.61. 61,347 shares of the stock traded hands, compared to its average volume of 163,204. Net Lease Office Properties has a 12-month low of $22.36 and a 12-month high of $34.38. The company has a 50-day simple moving average of $30.05 and a two-hundred day simple moving average of $30.89. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.38. The firm has a market cap of $453.44 million, a PE ratio of -4.94 and a beta of 0.96.

Net Lease Office Properties (NYSE:NLOP - Get Free Report) last posted its earnings results 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 for the quarter. Research analysts expect that Net Lease Office Properties will post 2.64 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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.