GSA Capital Partners LLP increased its stake in National Retail Properties, Inc. (NYSE:NNN) by 20.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,079 shares of the real estate investment trust’s stock after buying an additional 2,070 shares during the period. GSA Capital Partners LLP’s holdings in National Retail Properties were worth $503,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of National Retail Properties by 82.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,606 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 1,632 shares during the last quarter. Independent Advisor Alliance purchased a new stake in shares of National Retail Properties in the 3rd quarter worth approximately $204,000. Timber Hill LLC purchased a new stake in shares of National Retail Properties in the 3rd quarter worth approximately $212,000. BB&T Investment Services Inc. purchased a new stake in shares of National Retail Properties in the 2nd quarter worth approximately $212,000. Finally, Raymond James Trust N.A. purchased a new stake in shares of National Retail Properties in the 3rd quarter worth approximately $231,000. Institutional investors own 90.50% of the company’s stock.

Shares of National Retail Properties, Inc. (NYSE NNN) opened at $42.56 on Thursday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 7.66 and a current ratio of 7.66. National Retail Properties, Inc. has a 52 week low of $36.45 and a 52 week high of $46.34. The company has a market capitalization of $6,470.00, a price-to-earnings ratio of 34.89, a price-to-earnings-growth ratio of 3.39 and a beta of 0.39.

National Retail Properties (NYSE:NNN) last issued its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.65 EPS for the quarter, beating the consensus estimate of $0.64 by $0.01. National Retail Properties had a return on equity of 8.47% and a net margin of 44.96%. The business had revenue of $147.71 million for the quarter, compared to the consensus estimate of $146.57 million. During the same period last year, the business posted $0.61 EPS. The company’s revenue was up 9.8% compared to the same quarter last year. equities research analysts anticipate that National Retail Properties, Inc. will post 2.53 earnings per share for the current year.

In other National Retail Properties news, EVP Michelle Lynn Miller sold 750 shares of the stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $43.03, for a total transaction of $32,272.50. Following the sale, the executive vice president now directly owns 20,517 shares in the company, valued at approximately $882,846.51. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Kevin B. Habicht sold 20,664 shares of the stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $42.60, for a total value of $880,286.40. Following the sale, the chief financial officer now owns 125,722 shares in the company, valued at $5,355,757.20. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 821,414 shares of company stock worth $947,559. Company insiders own 1.03% of the company’s stock.

Several analysts recently weighed in on the company. B. Riley restated a “buy” rating on shares of National Retail Properties in a research note on Friday, November 3rd. Ladenburg Thalmann Financial Services restated a “buy” rating on shares of National Retail Properties in a research note on Thursday, November 2nd. Zacks Investment Research upgraded National Retail Properties from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a research note on Wednesday, October 11th. Robert W. Baird restated a “buy” rating and issued a $46.00 price target on shares of National Retail Properties in a research note on Friday, October 20th. Finally, FBR & Co restated a “buy” rating and issued a $52.00 price target on shares of National Retail Properties in a research note on Thursday, September 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. National Retail Properties has a consensus rating of “Buy” and an average target price of $47.71.

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National Retail Properties Company Profile

National Retail Properties, Inc is a real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment. As of December 31, 2016, it owned 2,535 properties with an aggregate gross leasable area of approximately 27,204,000 square feet, located in 48 states.

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Institutional Ownership by Quarter for National Retail Properties (NYSE:NNN)

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