Global Net Lease, Inc. (GNL) Stake Raised by Numeric Investors LLC

Numeric Investors LLC grew its position in Global Net Lease, Inc. (NYSE:GNL) by 487.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,500 shares of the financial services provider’s stock after acquiring an additional 44,400 shares during the quarter. Numeric Investors LLC owned about 0.08% of Global Net Lease worth $1,190,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in GNL. BlackRock Inc. raised its stake in shares of Global Net Lease by 11,116.3% in the first quarter. BlackRock Inc. now owns 5,084,332 shares of the financial services provider’s stock valued at $122,429,000 after acquiring an additional 5,039,002 shares during the period. Vanguard Group Inc. increased its stake in Global Net Lease by 3.4% in the 2nd quarter. Vanguard Group Inc. now owns 10,331,374 shares of the financial services provider’s stock worth $229,770,000 after buying an additional 341,621 shares during the period. Dimensional Fund Advisors LP increased its stake in Global Net Lease by 213.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 410,650 shares of the financial services provider’s stock worth $9,888,000 after buying an additional 279,654 shares during the period. Citadel Advisors LLC increased its stake in Global Net Lease by 806.4% in the 2nd quarter. Citadel Advisors LLC now owns 232,432 shares of the financial services provider’s stock worth $5,169,000 after buying an additional 206,788 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its stake in Global Net Lease by 67.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 434,009 shares of the financial services provider’s stock worth $9,653,000 after buying an additional 174,670 shares during the period. 42.50% of the stock is currently owned by institutional investors and hedge funds.

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Several research analysts recently commented on the stock. BidaskClub raised shares of Global Net Lease from a “sell” rating to a “hold” rating in a research note on Tuesday, June 13th. FBR & Co reaffirmed a “hold” rating on shares of Global Net Lease in a research note on Tuesday. Finally, Zacks Investment Research downgraded shares of Global Net Lease from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd.

Global Net Lease, Inc. (NYSE GNL) opened at 22.04 on Wednesday. Global Net Lease, Inc. has a 1-year low of $20.76 and a 1-year high of $25.25. The company has a 50-day moving average of $21.73 and a 200 day moving average of $21.73. The stock has a market cap of $1.48 billion, a P/E ratio of 37.04 and a beta of 0.69.

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 8th will be issued a $0.1775 dividend. The ex-dividend date is Tuesday, November 7th. This represents a $2.13 annualized dividend and a yield of 9.66%. Global Net Lease’s dividend payout ratio (DPR) is currently 349.16%.

Global Net Lease Profile

Global Net Lease, Inc is a real estate investment trust. The Company’s business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. It owns and invests in commercial properties principally in the United States, the United Kingdom and continental Europe that are then leased to companies.

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

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