Global Net Lease, Inc. (GNL) Stake Decreased by Jane Street Group LLC

Jane Street Group LLC lowered its position in Global Net Lease, Inc. (NYSE:GNL) by 23.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,323 shares of the financial services provider’s stock after selling 2,500 shares during the period. Jane Street Group LLC’s holdings in Global Net Lease were worth $200,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in GNL. BlackRock Inc. increased its position in shares of Global Net Lease by 11,116.3% in the first quarter. BlackRock Inc. now owns 5,084,332 shares of the financial services provider’s stock worth $122,429,000 after buying an additional 5,039,002 shares in the last quarter. State Street Corp increased its position in shares of Global Net Lease by 12.9% in the fourth quarter. State Street Corp now owns 3,141,689 shares of the financial services provider’s stock worth $24,598,000 after buying an additional 359,711 shares in the last quarter. Global X Management Co. LLC acquired a new position in shares of Global Net Lease during the first quarter worth $8,516,000. Dimensional Fund Advisors LP increased its position in shares of Global Net Lease by 213.5% in the first quarter. Dimensional Fund Advisors LP now owns 410,650 shares of the financial services provider’s stock worth $9,888,000 after buying an additional 279,654 shares in the last quarter. Finally, Virginia Retirement Systems ET AL acquired a new position in shares of Global Net Lease during the first quarter worth $2,550,000. 40.82% of the stock is currently owned by institutional investors.

Global Net Lease, Inc. (NYSE:GNL) opened at 21.54 on Wednesday. Global Net Lease, Inc. has a one year low of $20.76 and a one year high of $26.46. The stock has a market cap of $1.43 billion, a P/E ratio of 26.96 and a beta of 0.69. The stock’s 50 day moving average price is $22.44 and its 200-day moving average price is $17.30.

The company also recently declared a monthly dividend, which will be paid on Friday, July 14th. Shareholders of record on Friday, July 7th will be paid a $0.1775 dividend. This represents a $2.13 annualized dividend and a dividend yield of 9.89%. The ex-dividend date of this dividend is Wednesday, July 5th. Global Net Lease’s dividend payout ratio is 266.23%.

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A number of research analysts have recently weighed in on GNL shares. Zacks Investment Research downgraded Global Net Lease from a “buy” rating to a “hold” rating in a report on Monday, May 1st. FBR & Co reiterated a “hold” rating on shares of Global Net Lease in a report on Thursday, April 13th. Finally, BidaskClub upgraded Global Net Lease from a “sell” rating to a “hold” rating in a report on Tuesday, June 13th.

Global Net Lease Company Profile

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.

Institutional Ownership by Quarter for Global Net Lease (NYSE:GNL)

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