Net Lease Office Properties (NYSE:NLOP - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The company traded as high as $34.53 and last traded at $33.92, with a volume of 27904 shares traded. The stock had previously closed at $33.89.
Net Lease Office Properties Stock Performance
The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.51 and a current ratio of 1.51. The company has a market cap of $501.45 million, a price-to-earnings ratio of -7.91 and a beta of 0.84. The stock's fifty day simple moving average is $31.76 and its two-hundred day simple moving average is $31.06.
Institutional Investors Weigh In On Net Lease Office Properties
Institutional investors have recently modified their holdings of the business. GAMMA Investing LLC lifted its stake in Net Lease Office Properties by 3,104.9% during the first quarter. GAMMA Investing LLC now owns 15,031 shares of the company's stock valued at $479,000 after purchasing an additional 14,562 shares during the last quarter. VELA Investment Management LLC acquired a new stake in Net Lease Office Properties during the first quarter valued at approximately $891,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in Net Lease Office Properties by 58.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,469 shares of the company's stock valued at $267,000 after purchasing an additional 3,130 shares during the last quarter. Millennium Management LLC lifted its stake in Net Lease Office Properties by 13.3% during the fourth quarter. Millennium Management LLC now owns 120,208 shares of the company's stock valued at $3,752,000 after purchasing an additional 14,108 shares during the last quarter. Finally, Deutsche Bank AG lifted its stake in Net Lease Office Properties by 64.3% during the fourth quarter. Deutsche Bank AG now owns 13,261 shares of the company's stock valued at $414,000 after purchasing an additional 5,190 shares during the last quarter. Institutional investors own 58.33% of the company's stock.
Net Lease Office Properties Company Profile
(
Get Free Report)
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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