BTG Pactual Asset Management US LLC Purchases Shares of 59,784 Global Net Lease, Inc. $GNL

BTG Pactual Asset Management US LLC acquired a new stake in shares of Global Net Lease, Inc. (NYSE:GNL) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 59,784 shares of the financial services provider’s stock, valued at approximately $534,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in GNL. Lloyd Advisory Services LLC. acquired a new position in Global Net Lease during the 4th quarter worth approximately $28,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Global Net Lease by 180.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,953 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 3,830 shares in the last quarter. Ameriflex Group Inc. grew its position in Global Net Lease by 43.3% in the 4th quarter. Ameriflex Group Inc. now owns 5,825 shares of the financial services provider’s stock valued at $50,000 after purchasing an additional 1,761 shares during the period. Focus Partners Wealth acquired a new stake in Global Net Lease in the 3rd quarter valued at $61,000. Finally, Parallel Advisors LLC increased its stake in Global Net Lease by 74.9% during the 1st quarter. Parallel Advisors LLC now owns 8,746 shares of the financial services provider’s stock valued at $82,000 after purchasing an additional 3,746 shares in the last quarter. Institutional investors own 61.19% of the company’s stock.

Global Net Lease Stock Up 0.2%

Shares of NYSE:GNL opened at $9.18 on Tuesday. The stock has a market cap of $1.94 billion, a price-to-earnings ratio of -32.78 and a beta of 1.02. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.94. Global Net Lease, Inc. has a 12-month low of $7.48 and a 12-month high of $10.04. The business’s 50 day moving average is $9.01 and its 200 day moving average is $9.28.

Global Net Lease (NYSE:GNL) last announced its quarterly earnings results 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 business had revenue of $112.47 million during the quarter, compared to the consensus estimate of $109.68 million. Global Net Lease had a negative return on equity of 1.00% 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Monday, July 13th were paid a $0.19 dividend. The ex-dividend date was Monday, July 13th. This represents a $0.76 annualized dividend and a dividend yield of 8.3%. Global Net Lease’s dividend payout ratio is presently -271.43%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Huntington assumed coverage on shares of Global Net Lease in a report on Wednesday, July 15th. They set a “market perform” rating and a $10.00 price objective on the stock. BMO Capital Markets upgraded shares of Global Net Lease from a “market perform” rating to an “outperform” rating and set a $10.00 price objective for the company in a report on Monday, August 17th. Finally, Citizens Jmp reissued a “market outperform” rating and set a $10.00 target price on shares of Global Net Lease in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $10.25.

Global Net Lease Company Profile

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.