Net Lease Office Properties (NYSE:NLOP) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lowered its position in shares of Net Lease Office Properties (NYSE:NLOP) by 29.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,589 shares of the company’s stock after selling 2,740 shares during the period. Quantbot Technologies LP’s holdings in Net Lease Office Properties were worth $202,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Marshall Wace LLP increased its stake in Net Lease Office Properties by 398.5% in the second quarter. Marshall Wace LLP now owns 91,467 shares of the company’s stock valued at $2,252,000 after purchasing an additional 73,119 shares during the period. Meros Investment Management LP lifted 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 worth $3,744,000 after acquiring an additional 61,818 shares during the period. Cubist Systematic Strategies LLC lifted its position in Net Lease Office Properties by 114.9% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 69,140 shares of the company’s stock worth $1,702,000 after acquiring an additional 36,972 shares during the period. DRW Securities LLC purchased a new position in shares of Net Lease Office Properties in the 3rd quarter valued at approximately $976,000. Finally, Vanguard Group Inc. increased its holdings in shares of Net Lease Office Properties by 2.0% in the first quarter. Vanguard Group Inc. now owns 1,509,945 shares of the company’s stock valued at $35,937,000 after purchasing an additional 30,237 shares during the period. 58.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Net Lease Office Properties Trading Down 1.5 %

Net Lease Office Properties stock opened at $31.62 on Friday. Net Lease Office Properties has a one year low of $16.04 and a one year high of $32.94. The business has a fifty day moving average of $30.92 and a two-hundred day moving average of $28.46. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.95 and a quick ratio of 1.95.

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.