Global Net Lease, Inc. (GNL) Position Boosted by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA lifted its stake in Global Net Lease, Inc. (NYSE:GNL) by 41.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 30,811 shares of the financial services provider’s stock after purchasing an additional 8,953 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Global Net Lease were worth $685,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in GNL. Teachers Advisors LLC boosted its position in shares of Global Net Lease by 3.1% in the 4th quarter. Teachers Advisors LLC now owns 282,671 shares of the financial services provider’s stock valued at $2,213,000 after purchasing an additional 8,500 shares during the period. ProShare Advisors LLC boosted its position in shares of Global Net Lease by 99.9% in the 1st quarter. ProShare Advisors LLC now owns 54,775 shares of the financial services provider’s stock valued at $186,000 after purchasing an additional 27,367 shares during the period. Acadian Asset Management LLC acquired a new position in shares of Global Net Lease in the 1st quarter valued at $157,000. Russell Investments Group Ltd. boosted its position in shares of Global Net Lease by 55.7% in the 1st quarter. Russell Investments Group Ltd. now owns 56,753 shares of the financial services provider’s stock valued at $1,367,000 after purchasing an additional 20,305 shares during the period. Finally, UBS Asset Management Americas Inc. boosted its position in shares of Global Net Lease by 57.4% in the 1st quarter. UBS Asset Management Americas Inc. now owns 104,010 shares of the financial services provider’s stock valued at $2,505,000 after purchasing an additional 37,942 shares during the period. Institutional investors and hedge funds own 42.60% of the company’s stock.

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Shares of Global Net Lease, Inc. (NYSE GNL) opened at 21.27 on Monday. The firm’s 50-day moving average price is $21.57 and its 200-day moving average price is $22.71. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 35.75 and a beta of 0.69. Global Net Lease, Inc. has a 12 month low of $20.71 and a 12 month high of $25.25.

The business also recently declared a monthly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 8th will be issued a $0.1775 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $2.13 dividend on an annualized basis and a dividend yield of 10.01%. Global Net Lease’s dividend payout ratio (DPR) is presently 349.16%.

A number of equities research analysts have commented on the company. BidaskClub upgraded Global Net Lease from a “strong sell” rating to a “sell” rating in a research report on Tuesday, August 22nd. Zacks Investment Research upgraded Global Net Lease from a “strong sell” rating to a “hold” rating in a research report on Monday, July 10th. Finally, FBR & Co restated a “hold” rating on shares of Global Net Lease in a research report on Tuesday, May 23rd.

About Global Net Lease

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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