Nisa Investment Advisors LLC Has $102,000 Holdings in Net Lease Office Properties (NYSE:NLOP)

Nisa Investment Advisors LLC decreased its position in shares of Net Lease Office Properties (NYSE:NLOP) by 19.2% in the 1st quarter, Holdings Channel reports. The firm owned 3,266 shares of the company’s stock after selling 778 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Net Lease Office Properties were worth $102,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Asset Value Investors Ltd boosted its position in shares of Net Lease Office Properties by 40.0% during the 1st quarter. Asset Value Investors Ltd now owns 771,428 shares of the company’s stock valued at $24,207,000 after purchasing an additional 220,332 shares in the last quarter. Geode Capital Management LLC lifted its stake in Net Lease Office Properties by 0.3% in the fourth 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. Castalian Partners LLC acquired a new position in Net Lease Office Properties in the fourth quarter valued at approximately $6,360,000. Dimensional Fund Advisors LP boosted its holdings in shares of Net Lease Office Properties by 2.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 196,795 shares of the company’s stock worth $6,142,000 after buying an additional 4,376 shares in the last quarter. Finally, Rangeley Capital LLC acquired a new stake in shares of Net Lease Office Properties during the 4th quarter worth approximately $5,228,000. Institutional investors and hedge funds own 58.33% of the company’s stock.

Net Lease Office Properties Stock Down 1.5%

Net Lease Office Properties stock opened at $32.89 on Friday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.25. Net Lease Office Properties has a 12-month low of $25.64 and a 12-month high of $34.53. The firm’s fifty day moving average is $32.02 and its 200 day moving average is $31.12. The company has a market capitalization of $487.10 million, a PE ratio of -7.68 and a beta of 0.84.

Net Lease Office Properties 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.