Universal Beteiligungs und Servicegesellschaft mbH Acquires 67,637 Shares of Broadstone Net Lease, Inc. $BNL

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Broadstone Net Lease, Inc. (NYSE:BNL) by 187.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,751 shares of the company’s stock after buying an additional 67,637 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Broadstone Net Lease were worth $1,802,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of BNL. Balyasny Asset Management L.P. raised its stake in shares of Broadstone Net Lease by 213.2% during the second quarter. Balyasny Asset Management L.P. now owns 4,335,166 shares of the company’s stock worth $69,579,000 after buying an additional 2,951,207 shares during the last quarter. Hudson Bay Capital Management LP bought a new stake in shares of Broadstone Net Lease during the third quarter worth approximately $37,998,000. American Century Companies Inc. raised its stake in shares of Broadstone Net Lease by 1,640.8% during the third quarter. American Century Companies Inc. now owns 1,355,448 shares of the company’s stock worth $24,222,000 after buying an additional 1,277,583 shares during the last quarter. Aew Capital Management L P increased its stake in Broadstone Net Lease by 44.5% in the third quarter. Aew Capital Management L P now owns 3,644,233 shares of the company’s stock valued at $65,122,000 after purchasing an additional 1,122,124 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Broadstone Net Lease by 38.5% in the third quarter. Bank of America Corp DE now owns 2,471,224 shares of the company’s stock valued at $44,161,000 after purchasing an additional 686,938 shares in the last quarter. 89.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on BNL shares. UBS Group upped their target price on shares of Broadstone Net Lease from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Monday, March 9th. Cantor Fitzgerald upped their target price on shares of Broadstone Net Lease from $20.00 to $21.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. Weiss Ratings raised shares of Broadstone Net Lease from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, April 6th. Finally, Wall Street Zen raised shares of Broadstone Net Lease from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $20.22.

Broadstone Net Lease Trading Down 0.7%

Shares of BNL opened at $19.67 on Friday. Broadstone Net Lease, Inc. has a 12 month low of $15.28 and a 12 month high of $20.48. The firm has a fifty day simple moving average of $19.32 and a 200 day simple moving average of $18.59. The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 30.25 and a beta of 0.96.

Broadstone Net Lease (NYSE:BNL) last announced its earnings results on Wednesday, April 29th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.18 by $0.06. Broadstone Net Lease had a net margin of 27.01% and a return on equity of 4.17%. The business had revenue of $121.40 million during the quarter, compared to analysts’ expectations of $118.84 million. Broadstone Net Lease has set its FY 2026 guidance at 1.530-1.570 EPS. As a group, research analysts predict that Broadstone Net Lease, Inc. will post 1.51 earnings per share for the current fiscal year.

Broadstone Net Lease Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.2925 per share. The ex-dividend date is Tuesday, June 30th. This represents a $1.17 annualized dividend and a yield of 5.9%. Broadstone Net Lease’s dividend payout ratio is presently 234.00%.

About Broadstone Net Lease

Broadstone Net Lease, Inc (NYSE: BNL) is a publicly traded real estate investment trust focused on owning and operating single-tenant commercial properties under long-term net leases. The company specializes in acquiring properties that are leased to creditworthy tenants, allowing it to generate predictable, stable rental income while transferring most operating expenses and responsibilities to its lessees.

Broadstone Net Lease’s portfolio spans a variety of property types, including industrial facilities, distribution centers, manufacturing plants, life science and office buildings, and essential retail locations.