Nisa Investment Advisors LLC raised its stake in Global Net Lease, Inc. (NYSE:GNL) by 319.5% during the second quarter, Holdings Channel reports. The firm owned 20,970 shares of the financial services provider’s stock after buying an additional 15,971 shares during the period. Nisa Investment Advisors LLC’s holdings in Global Net Lease were worth $471,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Russell Investments Group Ltd. acquired a new position in Global Net Lease during the fourth quarter valued at about $279,000. Dimensional Fund Advisors LP boosted its position in Global Net Lease by 34.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 130,996 shares of the financial services provider’s stock valued at $1,026,000 after buying an additional 33,728 shares during the last quarter. Guggenheim Capital LLC boosted its position in Global Net Lease by 12.9% in the fourth quarter. Guggenheim Capital LLC now owns 41,773 shares of the financial services provider’s stock valued at $327,000 after buying an additional 4,776 shares during the last quarter. Teachers Advisors LLC boosted its position in Global Net Lease by 3.1% in the fourth quarter. Teachers Advisors LLC now owns 282,671 shares of the financial services provider’s stock valued at $2,213,000 after buying an additional 8,500 shares during the last quarter. Finally, ProShare Advisors LLC boosted its position in Global Net Lease by 99.9% in the first quarter. ProShare Advisors LLC now owns 54,775 shares of the financial services provider’s stock valued at $186,000 after buying an additional 27,367 shares during the last quarter. Hedge funds and other institutional investors own 41.08% of the company’s stock.

Global Net Lease, Inc. (NYSE:GNL) traded down 0.81% during trading on Friday, reaching $20.86. 135,621 shares of the company’s stock traded hands. The firm’s 50 day moving average is $21.92 and its 200 day moving average is $23.04. The company has a market cap of $1.40 billion, a P/E ratio of 35.06 and a beta of 0.69. Global Net Lease, Inc. has a 12 month low of $20.71 and a 12 month high of $25.95.

The company also recently disclosed a monthly dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, July 7th were given a $0.1775 dividend. This represents a $2.13 dividend on an annualized basis and a dividend yield of 10.13%. The ex-dividend date of this dividend was Wednesday, July 5th. Global Net Lease’s dividend payout ratio (DPR) is presently 349.16%.

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Several equities analysts have weighed in on GNL shares. BidaskClub cut shares of Global Net Lease from a “hold” rating to a “sell” rating in a research report on Saturday, June 24th. FBR & Co reiterated a “hold” rating on shares of Global Net Lease in a research report on Tuesday, May 23rd. Finally, Zacks Investment Research cut shares of Global Net Lease from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 10th.

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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