Jupiter Asset Management Ltd. Acquires Shares of 723,240 Global Net Lease, Inc. $GNL

Jupiter Asset Management Ltd. acquired a new stake in Global Net Lease, Inc. (NYSE:GNL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 723,240 shares of the financial services provider’s stock, valued at approximately $6,220,000.

Other large investors also recently bought and sold shares of the company. Aberdeen Group plc lifted its position in Global Net Lease by 86.9% in the third quarter. Aberdeen Group plc now owns 241,385 shares of the financial services provider’s stock valued at $1,949,000 after purchasing an additional 112,203 shares during the period. Waterfall Asset Management LLC lifted its position in Global Net Lease by 71.1% in the third quarter. Waterfall Asset Management LLC now owns 342,259 shares of the financial services provider’s stock valued at $2,783,000 after purchasing an additional 142,259 shares during the period. Miller Global Investments LLC acquired a new stake in Global Net Lease in the fourth quarter valued at about $1,277,000. Teacher Retirement System of Texas lifted its position in Global Net Lease by 199.5% in the third quarter. Teacher Retirement System of Texas now owns 207,314 shares of the financial services provider’s stock valued at $1,685,000 after purchasing an additional 138,092 shares during the period. Finally, Public Sector Pension Investment Board lifted its position in Global Net Lease by 18.6% in the third quarter. Public Sector Pension Investment Board now owns 775,172 shares of the financial services provider’s stock valued at $6,302,000 after purchasing an additional 121,663 shares during the period. Institutional investors and hedge funds own 61.19% of the company’s stock.

Global Net Lease Trading Down 1.4%

Shares of Global Net Lease stock opened at $9.36 on Friday. Global Net Lease, Inc. has a 12-month low of $6.77 and a 12-month high of $10.04. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.78. The stock has a market cap of $1.98 billion, a PE ratio of -23.39 and a beta of 1.03. The company has a 50-day moving average of $9.38 and a two-hundred day moving average of $9.09.

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

Global Net Lease Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Monday, April 13th were issued a $0.19 dividend. The ex-dividend date of this dividend was Monday, April 13th. This represents a $0.76 dividend on an annualized basis and a yield of 8.1%. Global Net Lease’s dividend payout ratio (DPR) is -190.00%.

Analyst Upgrades and Downgrades

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