Global Net Lease, Inc. $GNL Shares Purchased by UBS Group AG

UBS Group AG grew its position in shares of Global Net Lease, Inc. (NYSE:GNL) by 22.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 640,985 shares of the financial services provider’s stock after acquiring an additional 117,400 shares during the period. UBS Group AG’s holdings in Global Net Lease were worth $5,512,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of GNL. Sound Income Strategies LLC grew its holdings in shares of Global Net Lease by 18.4% during the 4th quarter. Sound Income Strategies LLC now owns 7,971 shares of the financial services provider’s stock worth $75,000 after purchasing an additional 1,239 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in Global Net Lease by 31.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,913 shares of the financial services provider’s stock valued at $51,000 after buying an additional 1,412 shares in the last quarter. BTC Capital Management Inc. lifted its position in Global Net Lease by 1.6% during the fourth quarter. BTC Capital Management Inc. now owns 94,574 shares of the financial services provider’s stock valued at $814,000 after buying an additional 1,482 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in Global Net Lease by 1.2% during the second quarter. The Manufacturers Life Insurance Company now owns 154,190 shares of the financial services provider’s stock worth $1,164,000 after buying an additional 1,784 shares during the period. Finally, Amalgamated Bank grew its stake in Global Net Lease by 3.4% during the third quarter. Amalgamated Bank now owns 56,721 shares of the financial services provider’s stock worth $461,000 after buying an additional 1,890 shares during the period. 61.19% of the stock is currently owned by hedge funds and other institutional investors.

Global Net Lease Stock Up 1.4%

Shares of Global Net Lease stock opened at $9.46 on Thursday. The business has a 50-day moving average of $9.39 and a 200-day moving average of $9.01. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.11 and a quick ratio of 0.11. The company has a market capitalization of $2.00 billion, a PE ratio of -23.64 and a beta of 1.03. Global Net Lease, Inc. has a 1-year low of $6.77 and a 1-year high of $10.04.

Global Net Lease (NYSE:GNL) last released its quarterly earnings results on Tuesday, May 5th. The financial services provider reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.18). The business had revenue of $109.29 million during the quarter, compared to analyst estimates of $112.37 million. Global Net Lease had a negative return on equity of 2.90% and a negative net margin of 8.72%.Global Net Lease has set its FY 2026 guidance at 0.800-0.840 EPS.

Global Net Lease Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Monday, April 13th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend was Monday, April 13th. Global Net Lease’s dividend payout ratio is presently -190.00%.

Analyst Ratings Changes

A number of brokerages have recently commented on GNL. Cantor Fitzgerald raised shares of Global Net Lease to a “strong-buy” rating in a research note on Wednesday, February 4th. BMO Capital Markets cut shares of Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 price target for the company. in a research report on Friday, April 17th. Finally, Wall Street Zen downgraded Global Net Lease from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $10.40.

About Global Net Lease

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.