Royal London Asset Management Ltd. Takes Position in Net Lease Office Properties (NYSE:NLOP)

Royal London Asset Management Ltd. acquired a new position in Net Lease Office Properties (NYSE:NLOPFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,100 shares of the company’s stock, valued at approximately $131,000.

Several other institutional investors also recently modified their holdings of NLOP. Franklin Resources Inc. purchased a new stake in Net Lease Office Properties during the fourth quarter valued at about $1,531,000. SG Americas Securities LLC purchased a new position in shares of Net Lease Office Properties during the 4th quarter valued at about $1,247,000. TCW Group Inc. bought a new stake in Net Lease Office Properties in the 4th quarter worth approximately $1,062,000. APG Asset Management US Inc. purchased a new stake in Net Lease Office Properties in the fourth quarter worth approximately $975,000. Finally, New York State Common Retirement Fund bought a new position in Net Lease Office Properties during the fourth quarter valued at approximately $605,000. 58.33% of the stock is currently owned by institutional investors.

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, May 16th.

Read Our Latest Stock Report on Net Lease Office Properties

Net Lease Office Properties Price Performance

NYSE NLOP opened at $23.26 on Tuesday. The company has a 50-day simple moving average of $23.46 and a two-hundred day simple moving average of $22.49. Net Lease Office Properties has a 12-month low of $9.50 and a 12-month high of $50.00. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.68 and a current ratio of 1.68.

About Net Lease Office Properties

(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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Institutional Ownership by Quarter for Net Lease Office Properties (NYSE:NLOP)

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