Net Lease Office Properties (NYSE:NLOP) Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC increased its position in shares of Net Lease Office Properties (NYSE:NLOP) by 2.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,569 shares of the company’s stock after purchasing an additional 346 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Net Lease Office Properties were worth $392,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Bluefin Capital Management LLC increased its holdings in shares of Net Lease Office Properties by 1.4% during the 2nd quarter. Bluefin Capital Management LLC now owns 37,971 shares of the company’s stock worth $935,000 after buying an additional 537 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Net Lease Office Properties by 12.6% during the third quarter. Daiwa Securities Group Inc. now owns 4,952 shares of the company’s stock worth $152,000 after acquiring an additional 556 shares during the last quarter. Dupree Financial Group LLC raised its position in Net Lease Office Properties by 10.1% in the third quarter. Dupree Financial Group LLC now owns 9,338 shares of the company’s stock valued at $286,000 after purchasing an additional 855 shares during the period. DekaBank Deutsche Girozentrale acquired a new position in shares of Net Lease Office Properties in the 3rd quarter valued at $34,000. Finally, Mercer Global Advisors Inc. ADV purchased a new position in shares of Net Lease Office Properties during the 2nd quarter worth $55,000. 58.33% of the stock is owned by hedge funds and other institutional investors.

Net Lease Office Properties Price Performance

Net Lease Office Properties stock opened at $31.73 on Tuesday. The company’s 50 day simple moving average is $31.30 and its 200-day simple moving average is $30.10. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.95 and a quick ratio of 1.95. Net Lease Office Properties has a 1 year low of $22.16 and a 1 year high of $33.06.

Wall Street Analysts Forecast Growth

Separately, BWS Financial restated a “buy” rating and issued a $46.00 price objective on shares of Net Lease Office Properties in a report on Thursday, November 14th.

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.