Global Net Lease, Inc. $GNL Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its holdings in shares of Global Net Lease, Inc. (NYSE:GNL) by 14.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,151,749 shares of the financial services provider’s stock after purchasing an additional 397,854 shares during the quarter. Hsbc Holdings PLC owned about 1.47% of Global Net Lease worth $27,246,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GNL. Sound Income Strategies LLC lifted its position in Global Net Lease by 18.4% in the fourth quarter. Sound Income Strategies LLC now owns 7,971 shares of the financial services provider’s stock valued at $75,000 after buying an additional 1,239 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised 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 acquiring an additional 1,412 shares during the period. BTC Capital Management Inc. raised its stake in shares of Global Net Lease by 1.6% in the 4th quarter. BTC Capital Management Inc. now owns 94,574 shares of the financial services provider’s stock valued at $814,000 after acquiring an additional 1,482 shares during the period. Arrow Investment Advisors LLC boosted its position in shares of Global Net Lease by 5.7% during the 4th quarter. Arrow Investment Advisors LLC now owns 27,969 shares of the financial services provider’s stock worth $241,000 after purchasing an additional 1,518 shares during the period. Finally, Ameriflex Group Inc. boosted its position in shares of Global Net Lease by 43.3% during the 4th quarter. Ameriflex Group Inc. now owns 5,825 shares of the financial services provider’s stock worth $50,000 after purchasing an additional 1,761 shares during the period. 61.19% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Wall Street Zen lowered Global Net Lease from a “buy” rating to a “hold” rating in a research 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 price target for the company. in a research 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $10.40.

Global Net Lease Stock Up 0.2%

Shares of NYSE:GNL opened at $9.19 on Thursday. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.11 and a quick ratio of 0.11. The firm has a market capitalization of $1.95 billion, a PE ratio of -22.96 and a beta of 1.01. The firm’s 50-day moving average is $9.35 and its two-hundred day moving average is $9.26. Global Net Lease, Inc. has a 1 year low of $6.77 and a 1 year high of $10.04.

Global Net Lease (NYSE:GNL) last issued its quarterly earnings results 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 business had revenue of $109.29 million for the quarter, compared to analyst estimates 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Monday, July 13th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Monday, July 13th. Global Net Lease’s dividend payout ratio (DPR) is currently -190.00%.

About Global Net Lease

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.