Sei Investments Co. Raises Stake in Global Net Lease, Inc. $GNL

Sei Investments Co. raised its holdings in shares of Global Net Lease, Inc. (NYSE:GNLFree Report) by 77.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 435,728 shares of the financial services provider’s stock after buying an additional 189,587 shares during the period. Sei Investments Co.’s holdings in Global Net Lease were worth $4,078,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of GNL. Lloyd Advisory Services LLC. acquired a new stake in shares of Global Net Lease in the fourth quarter worth $28,000. Northwestern Mutual Wealth Management Co. boosted its position in Global Net Lease by 147.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,517 shares of the financial services provider’s stock worth $47,000 after purchasing an additional 3,283 shares during the period. Ameriflex Group Inc. boosted its position in Global Net Lease by 43.3% during the 4th quarter. Ameriflex Group Inc. now owns 5,825 shares of the financial services provider’s stock worth $50,000 after purchasing an additional 1,761 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in Global Net Lease by 31.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,913 shares of the financial services provider’s stock valued at $51,000 after purchasing an additional 1,412 shares in the last quarter. Finally, Focus Partners Wealth acquired a new stake in Global Net Lease in the 3rd quarter valued at $61,000. 61.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on GNL. Huntington assumed coverage on Global Net Lease in a research note on Wednesday, July 15th. They set a “market perform” rating and a $10.00 price objective on the stock. BMO Capital Markets downgraded Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 target price on the stock. in a report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $10.00.

Read Our Latest Report on Global Net Lease

Global Net Lease Trading Up 5.5%

Shares of NYSE GNL opened at $9.09 on Friday. Global Net Lease, Inc. has a 52-week low of $6.80 and a 52-week high of $10.04. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $1.93 billion, a P/E ratio of -32.46 and a beta of 1.02. The stock’s 50 day moving average price is $9.09 and its two-hundred day moving average price is $9.33.

Global Net Lease (NYSE:GNLGet Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The financial services provider reported ($0.05) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.05). The firm had revenue of $112.47 million for the quarter, compared to analysts’ expectations of $109.68 million. Global Net Lease had a negative return on equity of 0.98% and a negative net margin of 2.94%.Global Net Lease has set its FY 2026 guidance at 0.820-0.850 EPS.

Global Net Lease Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Monday, July 13th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date was Monday, July 13th. Global Net Lease’s dividend payout ratio (DPR) is presently -190.00%.

Global Net Lease Company Profile

(Free Report)

Global Net Lease (NYSE: GNL) is a real estate investment trust (REIT) that focuses on acquiring and managing a diversified portfolio of single-tenant, net-lease commercial properties. The company’s business model centers on establishing long-term, triple-net leases with creditworthy tenants, enabling the pass-through of property operating expenses while aiming to provide predictable rental income and stable cash flows. Global Net Lease’s portfolio spans retail, industrial, office and light-industrial assets, each selected for its strategic location and tenant credit quality.

Since launching its initial public offering in April 2016, Global Net Lease has built a presence in key markets throughout the United States and Western Europe.

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Institutional Ownership by Quarter for Global Net Lease (NYSE:GNL)

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