Oregon Public Employees Retirement Fund increased its stake in National Retail Properties (NYSE:NNN) by 25.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 86,007 shares of the company’s stock after buying an additional 17,216 shares during the period. Oregon Public Employees Retirement Fund owned 0.06% of National Retail Properties worth $3,583,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Stevens Capital Management LP purchased a new stake in National Retail Properties during the 3rd quarter valued at $782,000. Forsta AP Fonden boosted its stake in National Retail Properties by 38.1% during the 3rd quarter. Forsta AP Fonden now owns 69,600 shares of the company’s stock valued at $2,900,000 after purchasing an additional 19,200 shares during the last quarter. Csenge Advisory Group purchased a new stake in National Retail Properties during the 3rd quarter valued at $286,000. Frontier Capital Management Co. LLC boosted its stake in National Retail Properties by 12.3% during the 3rd quarter. Frontier Capital Management Co. LLC now owns 562,598 shares of the company’s stock valued at $23,438,000 after purchasing an additional 61,766 shares during the last quarter. Finally, Dupont Capital Management Corp boosted its stake in National Retail Properties by 29.2% during the 3rd quarter. Dupont Capital Management Corp now owns 105,052 shares of the company’s stock valued at $4,376,000 after purchasing an additional 23,761 shares during the last quarter. Institutional investors own 89.56% of the company’s stock.

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Several analysts have commented on NNN shares. Zacks Investment Research upgraded National Retail Properties from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research note on Wednesday, August 2nd. FBR & Co reiterated a “buy” rating and set a $52.00 target price on shares of National Retail Properties in a research note on Thursday, September 7th. Ladenburg Thalmann Financial Services upgraded National Retail Properties from a “neutral” rating to a “buy” rating and set a $47.00 target price on the stock in a research note on Monday, September 11th. Robert W. Baird reiterated a “buy” rating and set a $46.00 target price on shares of National Retail Properties in a research note on Friday, October 20th. Finally, B. Riley reiterated a “buy” rating on shares of National Retail Properties in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. National Retail Properties has an average rating of “Buy” and a consensus target price of C$47.00.

In other news, insider Julian E. Whitehurst sold 17,413 shares of the firm’s stock in a transaction on Thursday, August 24th. The stock was sold at an average price of C$41.46, for a total value of C$721,942.98. Following the transaction, the insider now directly owns 294,826 shares in the company, valued at approximately C$12,223,485.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Stephen A. Horn, Jr. sold 10,000 shares of the firm’s stock in a transaction on Thursday, August 17th. The stock was sold at an average price of C$41.11, for a total value of C$411,100.00. Following the completion of the transaction, the executive vice president now owns 90,462 shares in the company, valued at C$3,718,892.82. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 850,912 shares of company stock worth $2,118,578. Company insiders own 1.03% of the company’s stock.

National Retail Properties (NYSE:NNN) opened at C$42.17 on Friday. The stock has a market capitalization of $6,412.07, a price-to-earnings ratio of 16.73, a PEG ratio of 3.46 and a beta of 0.40. National Retail Properties has a 52 week low of C$36.45 and a 52 week high of C$46.34. The company has a quick ratio of 7.66, a current ratio of 7.66 and a debt-to-equity ratio of 0.86.

National Retail Properties (NYSE:NNN) last released its quarterly earnings results on Thursday, November 2nd. The company reported C$0.65 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.64 by C$0.01. The firm had revenue of C$147.71 million for the quarter, compared to the consensus estimate of C$146.57 million. National Retail Properties had a return on equity of 8.47% and a net margin of 44.96%. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the business posted $0.61 EPS. research analysts predict that National Retail Properties will post 2.53 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st will be paid a $0.475 dividend. The ex-dividend date is Monday, October 30th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.51%. National Retail Properties’s dividend payout ratio (DPR) is currently 135.72%.

About National Retail Properties

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.

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

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