Louisiana State Employees Retirement System Purchases New Position in Global Net Lease, Inc. $GNL

Louisiana State Employees Retirement System acquired a new position in Global Net Lease, Inc. (NYSE:GNL) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 87,400 shares of the financial services provider’s stock, valued at approximately $818,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lloyd Advisory Services LLC. bought a new stake in Global Net Lease in the fourth quarter worth approximately $28,000. Aventura Private Wealth LLC bought a new position in shares of Global Net Lease during the 4th quarter valued at $44,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Global Net Lease by 180.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,953 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 3,830 shares in the last quarter. Ameriflex Group Inc. lifted its stake in shares of Global Net Lease by 43.3% in the 4th quarter. Ameriflex Group Inc. now owns 5,825 shares of the financial services provider’s stock valued at $50,000 after purchasing an additional 1,761 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Global Net Lease by 31.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,913 shares of the financial services provider’s stock valued at $51,000 after purchasing an additional 1,412 shares during the last quarter. Institutional investors own 61.19% of the company’s stock.

Global Net Lease Price Performance

Shares of Global Net Lease stock opened at $9.21 on Monday. The firm has a fifty day simple moving average of $9.28 and a 200-day simple moving average of $9.30. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.78. Global Net Lease, Inc. has a 1-year low of $6.77 and a 1-year high of $10.04. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of -23.01 and a beta of 1.02.

Global Net Lease (NYSE:GNL) last posted its quarterly earnings data on Tuesday, May 5th. The financial services provider reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.18). The firm had revenue of $109.29 million for the quarter, compared to the consensus estimate of $112.37 million. Global Net Lease had a negative return on equity of 2.90% and a negative net margin of 8.72%.Global Net Lease has set its FY 2026 guidance at 0.800-0.840 EPS.

Global Net Lease Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Monday, July 13th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 8.3%. The ex-dividend date is Monday, July 13th. Global Net Lease’s dividend payout ratio is -190.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on GNL shares. Wall Street Zen cut shares of Global Net Lease from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. BMO Capital Markets lowered Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 target price on the stock. in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Global Net Lease currently has a consensus rating of “Buy” and an average target price of $10.40.

Global Net Lease Profile

Global Net Lease (NYSE: GNL) is a real estate investment trust (REIT) that focuses on acquiring and managing a diversified portfolio of single-tenant, net-lease commercial properties. The company’s business model centers on establishing long-term, triple-net leases with creditworthy tenants, enabling the pass-through of property operating expenses while aiming to provide predictable rental income and stable cash flows. Global Net Lease’s portfolio spans retail, industrial, office and light-industrial assets, each selected for its strategic location and tenant credit quality.

Since launching its initial public offering in April 2016, Global Net Lease has built a presence in key markets throughout the United States and Western Europe.