National Retail Properties (NYSE:NNN) reached a new 52-week high during trading on Wednesday . The company traded as high as $53.13 and last traded at $52.64, with a volume of 457,319 shares trading hands. The stock had previously closed at $52.80.

A number of equities research analysts recently commented on the stock. Citigroup Inc. increased their target price on shares of National Retail Properties from $40.00 to $51.00 and gave the company a “neutral” rating in a research report on Thursday. Morgan Stanley cut shares of National Retail Properties from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $46.00 to $49.00 in a research report on Monday, May 16th. Zacks Investment Research cut shares of National Retail Properties from a “buy” rating to a “hold” rating in a research report on Thursday, April 7th. Finally, Oppenheimer Holdings Inc. reissued a “buy” rating on shares of National Retail Properties in a research report on Monday, May 2nd. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $45.05.

The firm has a 50 day moving average price of $47.61 and a 200-day moving average price of $44.84. The firm has a market cap of $7.43 billion and a PE ratio of 39.52.

National Retail Properties (NYSE:NNN) last announced its quarterly earnings data on Monday, May 2nd. The real estate investment trust reported $0.57 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.57. During the same quarter last year, the firm posted $0.55 EPS. The business earned $127 million during the quarter, compared to analyst estimates of $127.43 million. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Equities research analysts forecast that National Retail Properties will post $2.35 EPS for the current fiscal year.

In other National Retail Properties news, CFO Kevin B. Habicht sold 18,047 shares of the business’s stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $45.40, for a total transaction of $819,333.80. Following the completion of the transaction, the chief financial officer now owns 137,939 shares in the company, valued at approximately $6,262,430.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Paul Eugene Bayer sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 29th. The stock was sold at an average price of $51.10, for a total transaction of $511,000.00. Following the transaction, the insider now owns 171,641 shares of the company’s stock, valued at approximately $8,770,855.10. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently bought and sold shares of the company. GSA Capital Partners LLP boosted its position in National Retail Properties by 222.9% in the fourth quarter. GSA Capital Partners LLP now owns 25,786 shares of the real estate investment trust’s stock valued at $1,033,000 after buying an additional 17,800 shares during the period. Liberty Mutual Group Asset Management Inc. boosted its position in National Retail Properties by 51.4% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 86,656 shares of the real estate investment trust’s stock valued at $3,470,000 after buying an additional 29,404 shares during the period. Green Street Investors LLC boosted its position in National Retail Properties by 74.3% in the fourth quarter. Green Street Investors LLC now owns 145,900 shares of the real estate investment trust’s stock valued at $5,843,000 after buying an additional 62,200 shares during the period. Mizuho Trust & Banking Co. Ltd. boosted its position in National Retail Properties by 3.6% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 25,674 shares of the real estate investment trust’s stock valued at $1,031,000 after buying an additional 881 shares during the period. Finally, Quantitative Investment Management LLC purchased a new position in National Retail Properties during the fourth quarter valued at approximately $1,513,000.

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 held for investment. As of December 31, 2014, the Company owned 2,054 Properties with a gross leasable area of approximately 22,479,000 square feet, located in 47 states.

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