Beck Capital Management LLC Increases Stock Position in Global Net Lease, Inc. $GNL

Beck Capital Management LLC lifted its holdings in Global Net Lease, Inc. (NYSE:GNL) by 17.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 423,434 shares of the financial services provider’s stock after buying an additional 62,408 shares during the period. Beck Capital Management LLC’s holdings in Global Net Lease were worth $3,642,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Miller Global Investments LLC acquired a new stake in Global Net Lease during the fourth quarter valued at $1,277,000. Aberdeen Group plc grew its position in Global Net Lease by 86.9% during the third quarter. Aberdeen Group plc now owns 241,385 shares of the financial services provider’s stock valued at $1,949,000 after buying an additional 112,203 shares during the period. Waterfall Asset Management LLC grew its position in shares of Global Net Lease by 71.1% in the third quarter. Waterfall Asset Management LLC now owns 342,259 shares of the financial services provider’s stock valued at $2,783,000 after purchasing an additional 142,259 shares during the period. Public Sector Pension Investment Board lifted its stake in shares of Global Net Lease by 18.6% in the third quarter. Public Sector Pension Investment Board now owns 775,172 shares of the financial services provider’s stock worth $6,302,000 after buying an additional 121,663 shares in the last quarter. Finally, Teacher Retirement System of Texas lifted its stake in shares of Global Net Lease by 71.6% in the fourth quarter. Teacher Retirement System of Texas now owns 355,766 shares of the financial services provider’s stock worth $3,060,000 after buying an additional 148,452 shares in the last quarter. 61.19% of the stock is currently owned by institutional investors.

Global Net Lease Stock Up 0.3%

Shares of NYSE:GNL opened at $9.43 on Friday. The company has a market capitalization of $2.00 billion, a PE ratio of -23.56 and a beta of 1.01. 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 twelve month low of $6.77 and a twelve month high of $10.04. The firm has a 50 day simple moving average of $9.40 and a 200-day simple moving average of $9.19.

Global Net Lease (NYSE:GNL) last announced 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 during the quarter, compared to analyst estimates of $112.37 million. Global Net Lease had a negative net margin of 8.72% and a negative return on equity of 2.90%. Global Net Lease has set its FY 2026 guidance at 0.800-0.840 EPS.

Global Net Lease Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Monday, April 13th were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 8.1%. The ex-dividend date was Monday, April 13th. Global Net Lease’s dividend payout ratio is presently -190.00%.

Wall Street Analyst Weigh In

GNL has been the topic of several research reports. Wall Street Zen downgraded shares of Global Net Lease from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. BMO Capital Markets downgraded shares of Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 target price on the stock. in a research note on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $10.40.

Global Net Lease Company 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.