Net Lease Office Properties’ (NLOP) Buy Rating Reaffirmed at BWS Financial

BWS Financial restated their buy rating on shares of Net Lease Office Properties (NYSE:NLOP) in a research report report published on Thursday,Benzinga reports. BWS Financial currently has a $46.00 price target on the stock.

Net Lease Office Properties Stock Down 0.6 %

NYSE NLOP opened at $30.94 on Thursday. 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 $15.21 and a 1 year high of $32.94. The business’s 50-day moving average is $30.59 and its 200 day moving average is $27.76.

Institutional Trading of Net Lease Office Properties

Several large investors have recently modified their holdings of NLOP. Ursa Fund Management LLC bought a new stake in shares of Net Lease Office Properties in the first quarter worth about $2,802,000. K2 Principal Fund L.P. bought a new stake in Net Lease Office Properties during the 1st quarter valued at approximately $2,599,000. Marshall Wace LLP boosted its position in Net Lease Office Properties by 398.5% during the 2nd quarter. Marshall Wace LLP now owns 91,467 shares of the company’s stock valued at $2,252,000 after acquiring an additional 73,119 shares in the last quarter. Meros Investment Management LP boosted its position in Net Lease Office Properties by 68.5% during the 2nd quarter. Meros Investment Management LP now owns 152,052 shares of the company’s stock valued at $3,744,000 after acquiring an additional 61,818 shares in the last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in Net Lease Office Properties during the 1st quarter valued at approximately $1,367,000. 58.33% of the stock is owned by institutional investors.

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.