Claraphi Advisory Network LLC bought a new position in Global Net Lease Inc (NYSE:GNL) during the fourth quarter, HoldingsChannel.com reports. The fund bought 26,065 shares of the financial services provider’s stock, valued at approximately $537,000.

Other institutional investors also recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in Global Net Lease in the 4th quarter worth $151,000. Schroder Investment Management Group bought a new position in Global Net Lease in the 3rd quarter worth $159,000. Family Management Corp bought a new position in Global Net Lease in the 2nd quarter worth $202,000. Nisa Investment Advisors LLC raised its holdings in Global Net Lease by 218.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 11,370 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 7,800 shares during the period. Finally, Principal Financial Group Inc. bought a new position in Global Net Lease in the 3rd quarter worth $237,000. 44.44% of the stock is currently owned by institutional investors.

In other Global Net Lease news, CEO James Larry Nelson purchased 2,000 shares of the business’s stock in a transaction on Monday, November 20th. The stock was acquired at an average price of $21.48 per share, for a total transaction of $42,960.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.19% of the company’s stock.

Global Net Lease Inc (GNL) opened at $17.54 on Monday. Global Net Lease Inc has a twelve month low of $17.28 and a twelve month high of $25.25. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $1,180.22, a price-to-earnings ratio of 8.20 and a beta of 0.45.

Global Net Lease (NYSE:GNL) last issued its quarterly earnings results on Monday, November 6th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.52 by ($0.49). Global Net Lease had a return on equity of 2.29% and a net margin of 12.65%. analysts anticipate that Global Net Lease Inc will post 2.02 earnings per share for the current year.

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 8th will be paid a $0.1775 dividend. The ex-dividend date is Wednesday, February 7th. This represents a $2.13 dividend on an annualized basis and a yield of 12.14%. Global Net Lease’s payout ratio is presently 434.68%.

A number of equities analysts recently commented on GNL shares. Zacks Investment Research cut Global Net Lease from a “hold” rating to a “sell” rating in a report on Wednesday, January 3rd. B. Riley reaffirmed a “neutral” rating and issued a $26.00 target price on shares of Global Net Lease in a report on Tuesday, November 7th. Finally, FBR & Co reaffirmed a “hold” rating on shares of Global Net Lease in a report on Tuesday, October 10th.

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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.

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

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