How Good Does National Retail Properties (NYSE:NNN) Look Now? UBS Has Just Upgraded The Stock

February 15, 2018 - By Nellie Frank

  How Good Does National Retail Properties (NYSE:NNN) Look Now? UBS Has Just Upgraded The Stock

Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.41, from 1.47 in 2017Q2. It dived, as 33 investors sold National Retail Properties, Inc. shares while 91 reduced holdings. 38 funds opened positions while 93 raised stakes. 135.26 million shares or 2.45% more from 132.03 million shares in 2017Q2 were reported.

Eaton Vance Management invested in 316,166 shares. Gsa Prtn Llp holds 12,079 shares. Utah Retirement invested in 31,865 shares or 0.03% of the stock. Ruggie Cap Gru accumulated 375 shares. Nuveen Asset Mgmt Ltd Co holds 0.24% of its portfolio in National Retail Properties, Inc. (NYSE:NNN) for 872,334 shares. 524,416 were accumulated by Bancorporation Of America Corp De. Raymond James & Associates, a Florida-based fund reported 31,779 shares. Davidson Garrard reported 96,424 shares. Texas Permanent School Fund holds 0.06% in National Retail Properties, Inc. (NYSE:NNN) or 108,947 shares. Tower Research Lc (Trc) has 140 shares for 0% of their portfolio. 58,291 were accumulated by Eii Cap Management Inc. Ny State Teachers Retirement owns 270,652 shares or 0.03% of their US portfolio. Advisory Serv Network Ltd Liability Co holds 745 shares. Goldman Sachs Gp Incorporated has invested 0.02% in National Retail Properties, Inc. (NYSE:NNN). Manufacturers Life The holds 0.01% or 219,726 shares.

Since August 17, 2017, it had 0 insider purchases, and 3 sales for $1.63 million activity. Horn Stephen A JR sold $411,100 worth of National Retail Properties, Inc. (NYSE:NNN) on Thursday, August 17. $721,966 worth of National Retail Properties, Inc. (NYSE:NNN) shares were sold by WHITEHURST JULIAN E. HABICHT KEVIN B sold $880,286 worth of stock or 20,664 shares.

National Retail Properties (NYSE:NNN) Stock Upgrade

In an analyst report issued to clients and investors on 9 November, expert analysts at the UBS equities research division boosted shares of National Retail Properties (NYSE:NNN) to a respectable “Hold” rating. They now have a target price per share set at $42.0 on NNN equating to 10.03 % more upside.

Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.41, from 1.47 in 2017Q2. It dived, as 33 investors sold National Retail Properties, Inc. shares while 91 reduced holdings. 38 funds opened positions while 93 raised stakes. 135.26 million shares or 2.45% more from 132.03 million shares in 2017Q2 were reported.

Eaton Vance Management invested in 316,166 shares. Gsa Prtn Llp holds 12,079 shares. Utah Retirement invested in 31,865 shares or 0.03% of the stock. Ruggie Cap Gru accumulated 375 shares. Nuveen Asset Mgmt Ltd Co holds 0.24% of its portfolio in National Retail Properties, Inc. (NYSE:NNN) for 872,334 shares. 524,416 were accumulated by Bancorporation Of America Corp De. Raymond James & Associates, a Florida-based fund reported 31,779 shares. Davidson Garrard reported 96,424 shares. Texas Permanent School Fund holds 0.06% in National Retail Properties, Inc. (NYSE:NNN) or 108,947 shares. Tower Research Lc (Trc) has 140 shares for 0% of their portfolio. 58,291 were accumulated by Eii Cap Management Inc. Ny State Teachers Retirement owns 270,652 shares or 0.03% of their US portfolio. Advisory Serv Network Ltd Liability Co holds 745 shares. Goldman Sachs Gp Incorporated has invested 0.02% in National Retail Properties, Inc. (NYSE:NNN). Manufacturers Life The holds 0.01% or 219,726 shares.

Since August 17, 2017, it had 0 insider purchases, and 3 sales for $1.63 million activity. Horn Stephen A JR sold $411,100 worth of National Retail Properties, Inc. (NYSE:NNN) on Thursday, August 17. $721,966 worth of National Retail Properties, Inc. (NYSE:NNN) shares were sold by WHITEHURST JULIAN E. HABICHT KEVIN B sold $880,286 worth of stock or 20,664 shares.

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

Among 13 analysts covering National Retail Properties (NYSE:NNN), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. National Retail Properties has $56 highest and $35 lowest target. $43.89’s average target is 14.99% above currents $38.17 stock price. National Retail Properties had 29 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of National Retail Properties, Inc. (NYSE:NNN) has “Overweight” rating given on Thursday, July 23 by Morgan Stanley. The stock of National Retail Properties, Inc. (NYSE:NNN) earned “Neutral” rating by UBS on Thursday, November 9. Ladenburg maintained National Retail Properties, Inc. (NYSE:NNN) on Wednesday, February 14 with “Buy” rating. Ladenburg maintained the shares of NNN in report on Wednesday, January 24 with “Buy” rating. Wunderlich maintained the stock with “Hold” rating in Friday, November 4 report. Stifel Nicolaus maintained the shares of NNN in report on Wednesday, December 30 with “Buy” rating. The stock of National Retail Properties, Inc. (NYSE:NNN) has “Hold” rating given on Friday, November 13 by BB&T Capital. FBR Capital maintained it with “Outperform” rating and $43 target in Friday, February 12 report. The company was maintained on Tuesday, February 13 by Stifel Nicolaus. Bank of America downgraded the stock to “Neutral” rating in Monday, December 5 report.

The stock increased 3.00% or $1.11 during the last trading session, reaching $38.17. About 1.41M shares traded or 41.01% up from the average. National Retail Properties, Inc. (NYSE:NNN) has declined 14.81% since February 15, 2017 and is downtrending. It has underperformed by 31.51% the S&P500.

National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. The company has market cap of $5.86 billion. As of September 30, 2017, the firm owned 2,687 properties in 48 states with a gross leasable area of approximately 28.2 million square feet and with a weighted average remaining lease term of 11.4 years. It has a 27.46 P/E ratio.

More notable recent National Retail Properties, Inc. (NYSE:NNN) news were published by: Gurufocus.com which released: “Green Street Investors, LLC Buys National Retail Properties Inc, CubeSmart …” on January 23, 2018, also Nasdaq.com with their article: “National Retail Properties, Inc. Q4 Income Advances” published on February 13, 2018, Nasdaq.com published: “National Retail Properties (NNN) Passes Through 5% Yield Mark” on February 02, 2018. More interesting news about National Retail Properties, Inc. (NYSE:NNN) were released by: Seekingalpha.com and their article: “Don’t Let The Selloff Confuse You: This 4.6%-Yielding REIT Remains A Strong Buy” published on January 24, 2018 as well as Seekingalpha.com‘s news article titled: “4.7% Yielding REIT Demands A Premium, Dominates Peers” with publication date: January 27, 2018.

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