86,254 Shares in Broadstone Net Lease, Inc. $BNL Bought by Fieldview Capital Management LLC

Fieldview Capital Management LLC bought a new position in Broadstone Net Lease, Inc. (NYSE:BNL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 86,254 shares of the company’s stock, valued at approximately $1,498,000.

Several other large investors have also made changes to their positions in BNL. Strategic Advocates LLC purchased a new position in shares of Broadstone Net Lease in the 3rd quarter worth $30,000. CIBC Private Wealth Group LLC raised its position in shares of Broadstone Net Lease by 42.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,000 shares of the company’s stock worth $35,000 after buying an additional 600 shares during the period. Advisory Services Network LLC purchased a new position in shares of Broadstone Net Lease in the 3rd quarter worth $61,000. EverSource Wealth Advisors LLC raised its position in shares of Broadstone Net Lease by 80.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,261 shares of the company’s stock worth $68,000 after buying an additional 1,906 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Broadstone Net Lease by 33.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,527 shares of the company’s stock worth $96,000 after buying an additional 1,385 shares during the period. 89.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on BNL. Citizens Jmp lowered Broadstone Net Lease from an “outperform” rating to a “market perform” rating in a research report on Friday. UBS Group raised their price objective on Broadstone Net Lease from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Monday, March 9th. Truist Financial set a $22.00 price objective on Broadstone Net Lease in a research report on Monday, June 8th. Cantor Fitzgerald raised their price objective on Broadstone Net Lease from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Finally, Citigroup lowered Broadstone Net Lease from a “market perform” rating to a “market perform” rating in a research report on Friday. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $20.56.

Broadstone Net Lease Price Performance

NYSE:BNL opened at $21.07 on Monday. The business’s 50-day moving average is $20.05 and its two-hundred day moving average is $19.00. Broadstone Net Lease, Inc. has a 12 month low of $15.66 and a 12 month high of $21.50. The firm has a market capitalization of $4.03 billion, a PE ratio of 32.41 and a beta of 0.95.

Broadstone Net Lease (NYSE:BNL) last announced its earnings results on Wednesday, April 29th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.06. Broadstone Net Lease had a return on equity of 4.17% and a net margin of 27.01%.The business had revenue of $121.40 million for the quarter, compared to analyst estimates of $118.84 million. Broadstone Net Lease has set its FY 2026 guidance at 1.530-1.570 EPS. Equities analysts anticipate that Broadstone Net Lease, Inc. will post 1.52 EPS for the current year.

Broadstone Net Lease Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.2925 per share. This represents a $1.17 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Broadstone Net Lease’s payout ratio is presently 180.00%.

About Broadstone Net Lease

Broadstone Net Lease, Inc (NYSE: BNL) is a publicly traded real estate investment trust focused on owning and operating single-tenant commercial properties under long-term net leases. The company specializes in acquiring properties that are leased to creditworthy tenants, allowing it to generate predictable, stable rental income while transferring most operating expenses and responsibilities to its lessees.

Broadstone Net Lease’s portfolio spans a variety of property types, including industrial facilities, distribution centers, manufacturing plants, life science and office buildings, and essential retail locations.