National Retail Properties (NYSE:NNN)’s share price was down 1.1% on Tuesday . The company traded as low as $51.13 and last traded at $51.62, with a volume of 605,195 shares. The stock had previously closed at $52.17.

A number of equities analysts recently weighed in on NNN shares. Zacks Investment Research downgraded shares of National Retail Properties from a “buy” rating to a “hold” rating in a report on Thursday, April 7th. Oppenheimer Holdings Inc. restated a “buy” rating on shares of National Retail Properties in a research note on Monday, May 2nd. Morgan Stanley cut National Retail Properties from an “overweight” rating to an “equal weight” rating and boosted their price objective for the company from $46.00 to $49.00 in a research note on Monday, May 16th. Citigroup Inc. boosted their price objective on National Retail Properties from $40.00 to $51.00 and gave the company a “neutral” rating in a research note on Thursday, July 7th. Finally, Stifel Nicolaus boosted their price objective on National Retail Properties from $50.00 to $54.00 and gave the company a “buy” rating in a research note on Monday. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. National Retail Properties currently has an average rating of “Hold” and a consensus price target of $46.05.

The firm has a 50-day moving average of $48.28 and a 200-day moving average of $45.16. The company has a market cap of $7.47 billion and a P/E ratio of 39.69.

National Retail Properties (NYSE:NNN) last announced its earnings results on Monday, May 2nd. The real estate investment trust reported $0.57 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.57. The company earned $127 million during the quarter, compared to analysts’ expectations of $127.43 million. During the same quarter last year, the firm posted $0.55 EPS. National Retail Properties’s revenue for the quarter was up 9.3% compared to the same quarter last year. On average, equities analysts anticipate that National Retail Properties will post $2.35 EPS for the current year.

In related news, CFO Kevin B. Habicht sold 18,047 shares of the business’s stock in a transaction on Tuesday, May 31st. The stock was 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 SEC, which is available through this hyperlink. Also, insider Paul Eugene Bayer sold 10,000 shares of the business’s stock in a transaction on Wednesday, June 29th. The shares were sold at an average price of $51.10, for a total value 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 institutional investors have bought and sold shares of the stock. Vanguard Group Inc. boosted its position in National Retail Properties by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 19,307,190 shares of the real estate investment trust’s stock worth $773,252,000 after buying an additional 648,958 shares during the last quarter. Schroder Investment Management Group acquired a new position in National Retail Properties during the fourth quarter worth about $3,865,000. Stevens Capital Management LP boosted its position in National Retail Properties by 186.3% in the fourth quarter. Stevens Capital Management LP now owns 132,913 shares of the real estate investment trust’s stock worth $5,323,000 after buying an additional 86,496 shares during the last quarter. 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 worth $5,843,000 after buying an additional 62,200 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in National Retail Properties by 3.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,732,263 shares of the real estate investment trust’s stock worth $69,378,000 after buying an additional 54,894 shares during the last quarter.

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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