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National Retail Properties (NYSE:NNN) CEO Craig Macnab sold 19,219 shares of the stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $37.00, for a total transaction of $711,103.00. Following the completion of the transaction, the chief executive officer now directly owns 525,040 shares of the company’s stock, valued at approximately $19,426,480. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Ladenburg Thalmann downgraded shares of National Retail Properties from a “buy” rating to a “neutral” rating in a research note on Friday, July 25th. Separately, analysts at Morgan Stanley downgraded shares of National Retail Properties from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 16th. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of National Retail Properties in a research note on Friday, July 11th. They now have a $37.00 price target on the stock, up previously from $30.00. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $37.08.

Shares of National Retail Properties (NYSE:NNN) traded down 0.11% during mid-day trading on Friday, hitting $37.09. 883,677 shares of the company’s stock traded hands. National Retail Properties has a 52-week low of $30.01 and a 52-week high of $38.04. The stock has a 50-day moving average of $36.92 and a 200-day moving average of $35.20. The company has a market cap of $4.639 billion and a price-to-earnings ratio of 32.04.

National Retail Properties (NYSE:NNN) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.51 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.50 by $0.01. The company had revenue of $105.60 million for the quarter, compared to the consensus estimate of $103.85 million. During the same quarter last year, the company posted $0.47 earnings per share. National Retail Properties’s revenue was up 9.7% compared to the same quarter last year. Analysts expect that National Retail Properties will post $2.04 EPS for the current fiscal year.

National Retail Properties, Inc (NYSE:NNN) is a fully integrated real estate investment trust (REIT).

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