Global Net Lease, Inc. $GNL Shares Acquired by LSV Asset Management

LSV Asset Management increased its stake in Global Net Lease, Inc. (NYSE:GNL) by 341.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 135,916 shares of the financial services provider’s stock after buying an additional 105,100 shares during the period. LSV Asset Management’s holdings in Global Net Lease were worth $1,169,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Aventura Private Wealth LLC acquired a new stake in shares of Global Net Lease in the fourth quarter worth approximately $44,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Global Net Lease by 180.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,953 shares of the financial services provider’s stock worth $45,000 after acquiring an additional 3,830 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Global Net Lease by 31.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,913 shares of the financial services provider’s stock worth $51,000 after acquiring an additional 1,412 shares during the last quarter. Focus Partners Wealth acquired a new stake in shares of Global Net Lease in the third quarter worth approximately $61,000. Finally, Promus Capital LLC acquired a new stake in shares of Global Net Lease in the third quarter worth approximately $62,000. 61.19% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on GNL shares. Wall Street Zen cut shares of Global Net Lease from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Cantor Fitzgerald raised shares of Global Net Lease to a “strong-buy” rating in a research report on Wednesday, February 4th. Finally, BMO Capital Markets cut shares of Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 target price on the stock. in a research report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $10.40.

Global Net Lease Trading Down 0.3%

Shares of GNL stock opened at $9.49 on Thursday. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of -23.71 and a beta of 1.03. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.78. Global Net Lease, Inc. has a fifty-two week low of $6.77 and a fifty-two week high of $10.04. The firm’s 50 day moving average price is $9.39 and its two-hundred day moving average price is $9.08.

Global Net Lease (NYSE:GNL) last announced its quarterly earnings results on Tuesday, May 5th. The financial services provider reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates 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 net margin of 8.72% and a negative return on equity of 2.90%. Global Net Lease has set its FY 2026 guidance at 0.800-0.840 EPS.

Global Net Lease Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Monday, April 13th were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend was Monday, April 13th. Global Net Lease’s payout ratio is -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.