Global Net Lease, Inc. (GNL) Position Boosted by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC lifted its holdings in shares of Global Net Lease, Inc. (NYSE:GNL) by 55.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 49,932 shares of the financial services provider’s stock after buying an additional 17,852 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.08% of Global Net Lease worth $1,110,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in GNL. BlackRock Inc. boosted its stake in shares of Global Net Lease by 11,116.3% during the first quarter. BlackRock Inc. now owns 5,084,332 shares of the financial services provider’s stock worth $122,429,000 after buying an additional 5,039,002 shares during the period. Vanguard Group Inc. boosted its stake in shares of Global Net Lease by 3.4% during the second quarter. Vanguard Group Inc. now owns 10,331,374 shares of the financial services provider’s stock worth $229,770,000 after buying an additional 341,621 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Global Net Lease by 213.5% during the first quarter. Dimensional Fund Advisors LP now owns 410,650 shares of the financial services provider’s stock worth $9,888,000 after buying an additional 279,654 shares during the period. Schwab Charles Investment Management Inc. boosted its stake in shares of Global Net Lease by 67.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 434,009 shares of the financial services provider’s stock worth $9,653,000 after buying an additional 174,670 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Global Net Lease by 166.9% during the first quarter. Goldman Sachs Group Inc. now owns 275,497 shares of the financial services provider’s stock worth $6,634,000 after buying an additional 172,266 shares during the period. Institutional investors and hedge funds own 42.28% of the company’s stock.

GNL has been the subject of a number of recent analyst reports. FBR & Co restated a “hold” rating on shares of Global Net Lease in a research report on Tuesday, October 10th. B. Riley restated a “neutral” rating and issued a $26.00 price objective on shares of Global Net Lease in a research report on Tuesday, November 7th. BidaskClub downgraded shares of Global Net Lease from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, Zacks Investment Research downgraded shares of Global Net Lease from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd.

COPYRIGHT VIOLATION WARNING: “Global Net Lease, Inc. (GNL) Position Boosted by Parametric Portfolio Associates LLC” was published by Week Herald and is the sole property of of Week Herald. If you are viewing this news story on another site, it was stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this news story can be read at https://weekherald.com/2017/11/17/global-net-lease-inc-gnl-position-boosted-by-parametric-portfolio-associates-llc.html.

Shares of Global Net Lease, Inc. (NYSE:GNL) opened at $21.44 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.07 and a quick ratio of 0.07. The company has a market cap of $1,441.28, a PE ratio of 10.01 and a beta of 0.68. Global Net Lease, Inc. has a 12-month low of $20.71 and a 12-month high of $25.25.

The business also recently announced a monthly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 8th were issued a $0.1775 dividend. The ex-dividend date of this dividend was Tuesday, November 7th. This represents a $2.13 dividend on an annualized basis and a yield of 9.93%. Global Net Lease’s dividend payout ratio (DPR) is presently 434.68%.

Global Net Lease Profile

Global Net Lease, Inc is a real estate investment trust. The Company’s business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. It owns and invests in commercial properties principally in the United States, the United Kingdom and continental Europe that are then leased to companies.

Want to see what other hedge funds are holding GNL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global Net Lease, Inc. (NYSE:GNL).

Institutional Ownership by Quarter for Global Net Lease (NYSE:GNL)

Receive News & Ratings for Global Net Lease Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Net Lease Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply