Two Sigma Advisers LP Has $354,000 Stake in Net Lease Office Properties (NYSE:NLOP)

Two Sigma Advisers LP boosted its holdings in Net Lease Office Properties (NYSE:NLOP) by 12.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,356 shares of the company’s stock after purchasing an additional 1,291 shares during the quarter. Two Sigma Advisers LP’s holdings in Net Lease Office Properties were worth $354,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. increased its holdings in Net Lease Office Properties by 9.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,339 shares of the company’s stock valued at $166,000 after buying an additional 451 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Net Lease Office Properties by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 127,521 shares of the company’s stock valued at $3,980,000 after buying an additional 693 shares during the period. Geode Capital Management LLC increased its holdings in Net Lease Office Properties by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 372,442 shares of the company’s stock valued at $11,627,000 after buying an additional 1,109 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in 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 buying an additional 1,176 shares during the period. Finally, Tower Research Capital LLC TRC increased its holdings in 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 buying an additional 1,339 shares during the period. Institutional investors and hedge funds own 58.33% of the company’s stock.

Net Lease Office Properties Price Performance

NLOP stock opened at $31.32 on Friday. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.38. Net Lease Office Properties has a 12 month low of $22.36 and a 12 month high of $34.38. The firm has a market cap of $464.03 million, a P/E ratio of -7.32 and a beta of 0.89. The company’s 50-day moving average price is $29.81 and its two-hundred day moving average price is $30.88.

Analysts Set New Price Targets

Separately, BWS Financial reissued a “buy” rating and issued a $46.00 target price on shares of Net Lease Office Properties in a report on Thursday, March 6th.

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.