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

February 15, 2018 - By Michael Collier

  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 turned negative, 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.

Bbva Compass Bancorp stated it has 0.01% in National Retail Properties, Inc. (NYSE:NNN). Sei Investments Company invested in 56,170 shares or 0.01% of the stock. Pnc Svcs Group has 0% invested in National Retail Properties, Inc. (NYSE:NNN). Ameritas Invest Partners has 0.12% invested in National Retail Properties, Inc. (NYSE:NNN). Gilman Hill Asset Lc has 122,429 shares for 2.09% of their portfolio. Advisory Services Network Limited Liability Corp reported 0% stake. Kings Point Management owns 1,540 shares or 0.01% of their US portfolio. Oppenheimer Asset Management holds 0% in National Retail Properties, Inc. (NYSE:NNN) or 440 shares. Bnp Paribas Arbitrage reported 118,263 shares. Hallmark Mngmt invested 0.2% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Baystate Wealth Limited Com has invested 0% in National Retail Properties, Inc. (NYSE:NNN). Oakbrook Ltd Liability Corp accumulated 6,420 shares. Macquarie Gp holds 0% or 55,675 shares in its portfolio. Vanguard Grp Inc Inc reported 0.05% stake. Citadel Limited Liability Company owns 0% invested in National Retail Properties, Inc. (NYSE:NNN) for 89,043 shares.

Since August 17, 2017, it had 0 buys, and 3 selling transactions for $1.63 million activity. Shares for $411,100 were sold by Horn Stephen A JR. Another trade for 17,413 shares valued at $721,966 was made by WHITEHURST JULIAN E on Thursday, August 24. On Thursday, December 14 Miller Michelle Lynn sold $32,273 worth of National Retail Properties, Inc. (NYSE:NNN) or 750 shares.

National Retail Properties (NYSE:NNN) Stock Upgrade

Shares of National Retail Properties (NYSE:NNN) stock were upped to a “Hold” by stock analysts at UBS, who now have a target price set at $42.0 on NNN. This target is 10.03 % from NNN’s current share price.

Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.41, from 1.47 in 2017Q2. It turned negative, 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.

Bbva Compass Bancorp stated it has 0.01% in National Retail Properties, Inc. (NYSE:NNN). Sei Investments Company invested in 56,170 shares or 0.01% of the stock. Pnc Svcs Group has 0% invested in National Retail Properties, Inc. (NYSE:NNN). Ameritas Invest Partners has 0.12% invested in National Retail Properties, Inc. (NYSE:NNN). Gilman Hill Asset Lc has 122,429 shares for 2.09% of their portfolio. Advisory Services Network Limited Liability Corp reported 0% stake. Kings Point Management owns 1,540 shares or 0.01% of their US portfolio. Oppenheimer Asset Management holds 0% in National Retail Properties, Inc. (NYSE:NNN) or 440 shares. Bnp Paribas Arbitrage reported 118,263 shares. Hallmark Mngmt invested 0.2% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Baystate Wealth Limited Com has invested 0% in National Retail Properties, Inc. (NYSE:NNN). Oakbrook Ltd Liability Corp accumulated 6,420 shares. Macquarie Gp holds 0% or 55,675 shares in its portfolio. Vanguard Grp Inc Inc reported 0.05% stake. Citadel Limited Liability Company owns 0% invested in National Retail Properties, Inc. (NYSE:NNN) for 89,043 shares.

Since August 17, 2017, it had 0 buys, and 3 selling transactions for $1.63 million activity. Shares for $411,100 were sold by Horn Stephen A JR. Another trade for 17,413 shares valued at $721,966 was made by WHITEHURST JULIAN E on Thursday, August 24. On Thursday, December 14 Miller Michelle Lynn sold $32,273 worth of National Retail Properties, Inc. (NYSE:NNN) or 750 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. Robert W. Baird upgraded it to “Outperform” rating and $50 target in Monday, November 21 report. The firm earned “Equal-Weight” rating on Monday, May 16 by Morgan Stanley. The stock of National Retail Properties, Inc. (NYSE:NNN) has “Mkt Perform” rating given on Thursday, January 7 by Raymond James. The company was maintained on Friday, November 4 by Wunderlich. Ladenburg maintained National Retail Properties, Inc. (NYSE:NNN) on Wednesday, February 14 with “Buy” rating. On Friday, November 13 the stock rating was initiated by BB&T Capital with “Hold”. The rating was maintained by Stifel Nicolaus on Tuesday, February 13 with “Buy”. As per Monday, December 5, the company rating was downgraded by Bank of America. As per Tuesday, October 27, the company rating was initiated by Wunderlich. The rating was initiated by FBR Capital with “Outperform” on Wednesday, October 12.

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: Seekingalpha.com which released: “National Retail Properties down 2% after earnings miss” on February 13, 2018, also Seekingalpha.com with their article: “Don’t Let The Selloff Confuse You: This 4.6%-Yielding REIT Remains A Strong Buy” published on January 24, 2018, Seekingalpha.com published: “National Retail Properties: Addressing The Risks” on February 13, 2018. More interesting news about National Retail Properties, Inc. (NYSE:NNN) were released by: Seekingalpha.com and their article: “4.7% Yielding REIT Demands A Premium, Dominates Peers” published on January 27, 2018 as well as Gurufocus.com‘s news article titled: “Green Street Investors, LLC Buys National Retail Properties Inc, CubeSmart …” with publication date: January 23, 2018.

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