Live Stock Coverage: Institutional Investors Sentiment Indicator of National Retail Properties Inc (NYSE:NNN) Improves in 2016 Q2

November 30, 2016 - By Pete Kolinski   ·   0 Comments

Live Stock Coverage: Institutional Investors Sentiment Indicator of National Retail Properties Inc (NYSE:NNN)  Improves in  2016 Q2

Sentiment for National Retail Properties Inc (NYSE:NNN)

National Retail Properties Inc (NYSE:NNN) institutional sentiment decreased to 1.2 in 2016 Q2. Its down -0.62, from 1.82 in 2016Q1. The ratio dropped, as 182 institutional investors increased or opened new holdings, while 100 cut down and sold stock positions in National Retail Properties Inc. The institutional investors in our partner’s database now possess: 137.10 million shares, up from 132.53 million shares in 2016Q1. Also, the number of institutional investors holding National Retail Properties Inc in their top 10 holdings was flat from 3 to 3 for the same number . Sold All: 26 Reduced: 74 Increased: 134 New Position: 48.

National Retail Properties, Inc. is a real estate investment trust . The company has a market cap of $6.26 billion. The Firm acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are held for investment. It has a 38.29 P/E ratio. The Firm owns over 2,050 Properties with a gross leasable area of approximately 24,964,000 square feet, located in approximately 50 states.

About 117,270 shares traded hands. National Retail Properties, Inc. (NYSE:NNN) has declined 2.83% since April 27, 2016 and is downtrending. It has underperformed by 8.05% the S&P500.

Analysts await National Retail Properties, Inc. (NYSE:NNN) to report earnings on February, 9. They expect $0.59 EPS, up 3.51% or $0.02 from last year’s $0.57 per share. NNN’s profit will be $88.27 million for 17.73 P/E if the $0.59 EPS becomes a reality. After $0.61 actual EPS reported by National Retail Properties, Inc. for the previous quarter, Wall Street now forecasts -3.28% negative EPS growth.

According to Zacks Investment Research, “National Retail Properties, a real estate investment trust, invests in single tenant net-leased retail properties throughout the United States. NNN maintains a conservatively managed, diversified real estate portfolio with properties subject to long-term, net leases with established tenants. Its 2,257 properties are located in 47 states with a total gross leasable area of approximately 25.0 million square feet. Current occupancy is 99.1% and these properties are leased to more than 400 tenants in 38 industry classifications.”

Green Street Investors Llc holds 5.24% of its portfolio in National Retail Properties, Inc. for 124,100 shares. Boulegeris Investments Inc. owns 134,119 shares or 4.72% of their US portfolio. Moreover, Grs Advisors Llc has 2.72% invested in the company for 188,600 shares. The Illinois-based Harrison Street Securities Llc has invested 2.46% in the stock. Gilman Hill Asset Management Llc, a Connecticut-based fund reported 115,065 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 5 selling transactions for $1.19 million net activity.

National Retail Properties, Inc. (NYSE:NNN) Ratings Coverage

Ratings analysis reveals 36% of National Retail Properties’s analysts are positive. Out of 11 Wall Street analysts rating National Retail Properties, 4 give it “Buy”, 1 “Sell” rating, while 6 recommend “Hold”. The lowest target is $35 while the high is $56. The stock’s average target of $46.19 is 10.42% above today’s ($41.83) share price. NNN was included in 16 notes of analysts from July 23, 2015. On Wednesday, December 30 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of National Retail Properties, Inc. (NYSE:NNN) has “Outperform” rating given on Wednesday, October 12 by FBR Capital. The stock of National Retail Properties, Inc. (NYSE:NNN) has “Sell” rating given on Monday, September 26 by UBS. On Monday, July 11 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of National Retail Properties, Inc. (NYSE:NNN) earned “Outperform” rating by FBR Capital on Friday, February 12. The stock has “Overweight” rating given by Morgan Stanley on Thursday, July 23. BB&T Capital initiated the stock with “Hold” rating in Friday, November 13 report. The stock has “Equal-Weight” rating given by Morgan Stanley on Monday, May 16. The stock has “Outperform” rating given by Wells Fargo on Tuesday, December 15. The stock of National Retail Properties, Inc. (NYSE:NNN) has “Neutral” rating given on Thursday, August 25 by BTIG Research.

NNN Company Profile

National Retail Properties, Inc., incorporated on May 12, 1994, is a real estate investment trust (REIT). The Firm acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are held for investment. The Firm owns over 2,050 Properties with a gross leasable area of approximately 24,964,000 square feet, located in approximately 50 states.

More notable recent National Retail Properties, Inc. (NYSE:NNN) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Central Fund of Canada, National Retail Properties and …” on October 25, 2016, also Forbes.com with their article: “National Retail Properties Enters Oversold Territory” published on October 06, 2016, Prnewswire.com published: “National Retail Properties, Inc. Closes Offering Of Depositary Shares …” on October 11, 2016. More interesting news about National Retail Properties, Inc. (NYSE:NNN) were released by: Forbes.com and their article: “National Retail Properties’ Series D Preferred Stock Shares Cross 6.5% Yield Mark” published on November 23, 2016 as well as Marketwatch.com‘s news article titled: “National Retail Properties CEO Craig Macnab to retire” with publication date: September 29, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Pete Kolinski


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>