Nuveen LLC Takes $1.26 Million Position in Net Lease Office Properties $NLOP

Nuveen LLC purchased a new stake in Net Lease Office Properties (NYSE:NLOP) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 40,048 shares of the company’s stock, valued at approximately $1,257,000. Nuveen LLC owned 0.27% of Net Lease Office Properties as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in shares of Net Lease Office Properties in the 4th quarter valued at approximately $236,000. Barclays PLC increased its position in shares of Net Lease Office Properties by 14.3% in the 4th quarter. Barclays PLC now owns 22,780 shares of the company’s stock valued at $711,000 after purchasing an additional 2,853 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Net Lease Office Properties by 2.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 196,795 shares of the company’s stock valued at $6,142,000 after purchasing an additional 4,376 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Net Lease Office Properties by 113.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,515 shares of the company’s stock valued at $78,000 after purchasing an additional 1,339 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in shares of Net Lease Office Properties by 5.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 23,212 shares of the company’s stock valued at $725,000 after purchasing an additional 1,176 shares during the last quarter. 58.33% of the stock is owned by hedge funds and other institutional investors.

Net Lease Office Properties Trading Down 0.2%

NYSE NLOP opened at $29.64 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.29 and a quick ratio of 1.29. The firm’s fifty day moving average price is $32.50 and its 200 day moving average price is $31.32. The company has a market capitalization of $438.97 million, a price-to-earnings ratio of -2.79 and a beta of 0.84. Net Lease Office Properties has a 12 month low of $26.10 and a 12 month high of $34.53.

Net Lease Office Properties Dividend Announcement

The business also recently announced a special dividend, which will be paid on Wednesday, September 3rd. Investors of record on Monday, August 18th will be given a $3.10 dividend. The ex-dividend date of this dividend is Monday, August 18th.

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.