Louisiana State Employees Retirement System Buys Shares of 87,400 Global Net Lease, Inc. $GNL

Louisiana State Employees Retirement System purchased a new position in Global Net Lease, Inc. (NYSE:GNL) during the 1st quarter, HoldingsChannel reports. The firm purchased 87,400 shares of the financial services provider’s stock, valued at approximately $818,000.

A number of other large investors also recently modified their holdings of GNL. Lloyd Advisory Services LLC. bought a new position in Global Net Lease during the fourth quarter worth $28,000. Aventura Private Wealth LLC bought a new stake in Global Net Lease in the 4th quarter valued at $44,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Global Net Lease by 147.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,517 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 3,283 shares during the period. Ameriflex Group Inc. boosted its holdings in Global Net Lease by 43.3% in the 4th quarter. Ameriflex Group Inc. now owns 5,825 shares of the financial services provider’s stock valued at $50,000 after purchasing an additional 1,761 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in Global Net Lease by 31.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,913 shares of the financial services provider’s stock worth $51,000 after purchasing an additional 1,412 shares during the last quarter. 61.19% of the stock is currently owned by institutional investors and hedge funds.

Global Net Lease Stock Performance

GNL opened at $9.21 on Monday. The stock has a market cap of $1.95 billion, a PE ratio of -23.01 and a beta of 1.02. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.78. Global Net Lease, Inc. has a 1 year low of $6.77 and a 1 year high of $10.04. The stock’s 50 day simple moving average is $9.28 and its 200-day simple moving average is $9.30.

Global Net Lease (NYSE:GNL) last issued its earnings results on Tuesday, May 5th. The financial services provider reported ($0.08) 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 firm had revenue of $109.29 million during the quarter, compared to analyst estimates 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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Monday, July 13th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Monday, July 13th. Global Net Lease’s dividend payout ratio (DPR) is presently -190.00%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on GNL. Wall Street Zen downgraded shares of Global Net Lease from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. BMO Capital Markets cut shares of Global Net Lease from an “outperform” rating to a “market perform” rating and set a $10.00 target price for the company. in a research note on Friday, April 17th. One 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. Based on data from MarketBeat, Global Net Lease has an average rating of “Buy” and an average price target of $10.40.

Global Net Lease 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.