Net Lease Office Properties (NYSE:NLOP) Stock Holdings Lessened by Marshall Wace LLP

Marshall Wace LLP decreased its position in shares of Net Lease Office Properties (NYSE:NLOP - Free Report) by 58.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,243 shares of the company's stock after selling 51,540 shares during the period. Marshall Wace LLP owned about 0.25% of Net Lease Office Properties worth $1,162,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC increased its holdings in 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 purchasing an additional 346 shares during the last quarter. Proficio Capital Partners LLC bought a new position in Net Lease Office Properties in the fourth quarter worth about $401,000. Barclays PLC lifted its holdings in shares of Net Lease Office Properties by 132.1% in the 3rd quarter. Barclays PLC now owns 19,927 shares of the company's stock worth $611,000 after purchasing an additional 11,341 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Net Lease Office Properties by 9.2% during the fourth 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, JPMorgan Chase & Co. grew its position in Net Lease Office Properties by 42.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 39,587 shares of the company's stock worth $1,212,000 after purchasing an additional 11,707 shares during the last quarter. 58.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Net Lease Office Properties Price Performance

Shares of Net Lease Office Properties stock traded down $0.27 on Monday, hitting $30.35. The company had a trading volume of 4,573 shares, compared to its average volume of 162,070. Net Lease Office Properties has a 52 week low of $22.36 and a 52 week high of $34.38. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.95 and a quick ratio of 1.95. The company has a market cap of $449.53 million, a PE ratio of -4.90 and a beta of 0.96. The business has a 50-day simple moving average of $30.05 and a 200-day simple moving average of $30.89.

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

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.