1,102 Shares in Net Lease Office Properties (NYSE:NLOP) Bought by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale acquired a new stake in Net Lease Office Properties (NYSE:NLOP) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 1,102 shares of the company’s stock, valued at approximately $34,000.

A number of other large investors also recently bought and sold shares of NLOP. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Net Lease Office Properties in the third quarter valued at about $217,000. Dupree Financial Group LLC lifted 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. Bluefin Capital Management LLC lifted its position in Net Lease Office Properties by 1.4% in the second quarter. Bluefin Capital Management LLC now owns 37,971 shares of the company’s stock valued at $935,000 after purchasing an additional 537 shares during the period. Meros Investment Management LP boosted its holdings in Net Lease Office Properties by 68.5% in the 2nd quarter. Meros Investment Management LP now owns 152,052 shares of the company’s stock valued at $3,744,000 after purchasing an additional 61,818 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in Net Lease Office Properties by 240.6% during the 2nd quarter. AQR Capital Management LLC now owns 36,768 shares of the company’s stock worth $882,000 after purchasing an additional 25,972 shares during the period. Hedge funds and other institutional investors own 58.33% of the company’s stock.

Net Lease Office Properties Stock Up 1.1 %

NYSE:NLOP opened at $30.46 on Tuesday. The firm’s fifty day simple moving average is $30.34 and its 200-day simple moving average is $27.26. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.49. Net Lease Office Properties has a fifty-two week low of $11.00 and a fifty-two week high of $32.24.

Analyst Upgrades and Downgrades

Separately, BWS Financial restated a “buy” rating and issued a $46.00 price target on shares of Net Lease Office Properties in a research note on Monday, August 12th.

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.