Global Net Lease, Inc. $GNL Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its position in Global Net Lease, Inc. (NYSE:GNL) by 31.1% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 444,854 shares of the financial services provider’s stock after buying an additional 105,531 shares during the quarter. Kestra Advisory Services LLC owned about 0.21% of Global Net Lease worth $4,164,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of GNL. Miller Global Investments LLC purchased a new position in Global Net Lease during the fourth quarter worth about $1,277,000. Teacher Retirement System of Texas boosted its holdings in Global Net Lease by 71.6% in the 4th quarter. Teacher Retirement System of Texas now owns 355,766 shares of the financial services provider’s stock valued at $3,060,000 after purchasing an additional 148,452 shares in the last quarter. Aberdeen Group plc increased its position in Global Net Lease by 27.6% during the 4th quarter. Aberdeen Group plc now owns 308,042 shares of the financial services provider’s stock worth $2,649,000 after purchasing an additional 66,657 shares during the period. Redhawk Wealth Advisors Inc. acquired a new position in Global Net Lease during the 4th quarter worth approximately $1,036,000. Finally, JPMorgan Chase & Co. raised its stake in shares of Global Net Lease by 8.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,153,817 shares of the financial services provider’s stock worth $9,381,000 after buying an additional 85,304 shares in the last quarter. Hedge funds and other institutional investors own 61.19% of the company’s stock.

Global Net Lease Stock Performance

Global Net Lease stock opened at $9.44 on Friday. Global Net Lease, Inc. has a fifty-two week low of $6.77 and a fifty-two week high of $10.04. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of -23.59 and a beta of 1.02. The stock has a fifty day moving average of $9.22 and a two-hundred day moving average of $9.33. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.11 and a current ratio of 0.11.

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

Global Net Lease Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Monday, July 13th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Monday, July 13th. Global Net Lease’s dividend payout ratio (DPR) is currently -190.00%.

Wall Street Analyst Weigh In

GNL has been the subject of several recent analyst reports. BMO Capital Markets cut Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 price target for the company. in a report on Friday, April 17th. Wall Street Zen cut Global Net Lease from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Finally, Huntington initiated coverage on Global Net Lease in a research report on Wednesday. They issued a “market perform” rating and a $10.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Global Net Lease has an average rating of “Moderate Buy” and a consensus price target of $10.33.

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.