Menta Capital LLC increased its holdings in Global Net Lease, Inc. (NYSE:GNL) by 106.5% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 95,190 shares of the financial services provider’s stock after buying an additional 49,090 shares during the period. Menta Capital LLC owned 0.14% of Global Net Lease worth $2,117,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. BlackRock Inc. increased its stake in Global Net Lease by 4.1% in the second quarter. BlackRock Inc. now owns 5,290,884 shares of the financial services provider’s stock valued at $117,670,000 after acquiring an additional 206,552 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Global Net Lease by 2.9% in the second quarter. Bank of New York Mellon Corp now owns 624,846 shares of the financial services provider’s stock valued at $13,896,000 after acquiring an additional 17,696 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in Global Net Lease by 67.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 434,009 shares of the financial services provider’s stock valued at $9,653,000 after acquiring an additional 174,670 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Global Net Lease by 213.5% in the first quarter. Dimensional Fund Advisors LP now owns 410,650 shares of the financial services provider’s stock valued at $9,888,000 after acquiring an additional 279,654 shares during the last quarter. Finally, Global X Management Co. LLC increased its stake in Global Net Lease by 4.8% in the second quarter. Global X Management Co. LLC now owns 370,493 shares of the financial services provider’s stock valued at $8,240,000 after acquiring an additional 16,833 shares during the last quarter. Institutional investors own 42.50% of the company’s stock.

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A number of research firms recently commented on GNL. BidaskClub raised Global Net Lease from a “strong sell” rating to a “sell” rating in a research note on Tuesday, August 22nd. Zacks Investment Research raised Global Net Lease from a “strong sell” rating to a “hold” rating in a research note on Monday, July 10th.

The business also recently declared a monthly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 8th were paid a $0.1775 dividend. This represents a $2.13 annualized dividend and a yield of 9.84%. The ex-dividend date was Thursday, September 7th. Global Net Lease’s payout ratio is currently 349.16%.

About Global Net Lease

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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