UBS Gives National Retail Properties (NYSE:NNN) a Higher Rating. Will Other Analysts Follow Suit?

February 15, 2018 - By Adrian Mccoy

  UBS Gives National Retail Properties (NYSE:NNN) a Higher Rating. Will Other Analysts Follow Suit?

Investors sentiment decreased to 1.06 in Q3 2017. 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.

Intll Gp Incorporated holds 0.04% or 305,299 shares in its portfolio. Prudential Fincl Inc stated it has 0.01% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Commonwealth Bancorporation Of invested in 100 shares. Exane Derivatives reported 16,187 shares or 0.13% of all its holdings. Massachusetts-based Baystate Wealth Mgmt has invested 0% in National Retail Properties, Inc. (NYSE:NNN). Glenmede Co Na owns 406 shares. Northern Corporation has 2.13 million shares. Moreover, Manufacturers Life The has 0.01% invested in National Retail Properties, Inc. (NYSE:NNN). Cambiar Investors Ltd Llc has 90,719 shares. Thrivent Fincl For Lutherans invested 0.01% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Riverpoint Management Ltd Liability holds 0.02% or 6,135 shares. Frontier Management Ltd Liability Co invested in 0.17% or 562,598 shares. Boulegeris reported 2.3% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Bahl Gaynor reported 0% stake. Netherlands-based Robeco Institutional Asset Mgmt Bv has invested 0% in National Retail Properties, Inc. (NYSE:NNN).

Since August 17, 2017, it had 0 insider purchases, and 3 selling transactions for $1.63 million activity. HABICHT KEVIN B had sold 20,664 shares worth $880,286 on Thursday, December 14. Another trade for 10,000 shares valued at $411,100 was made by Horn Stephen A JR on Thursday, August 17. Shares for $721,966 were sold by WHITEHURST JULIAN E.

National Retail Properties (NYSE:NNN) Stock Upgrade

Trading for shares of National Retail Properties (NYSE:NNN) will be watched closely today, as UBS upgraded the stock to a solid rating of a Hold. In addition to their ratings upgrade, UBS set a TP of $42.0 which was 10.03 % higher.

Investors sentiment decreased to 1.06 in Q3 2017. 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.

Intll Gp Incorporated holds 0.04% or 305,299 shares in its portfolio. Prudential Fincl Inc stated it has 0.01% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Commonwealth Bancorporation Of invested in 100 shares. Exane Derivatives reported 16,187 shares or 0.13% of all its holdings. Massachusetts-based Baystate Wealth Mgmt has invested 0% in National Retail Properties, Inc. (NYSE:NNN). Glenmede Co Na owns 406 shares. Northern Corporation has 2.13 million shares. Moreover, Manufacturers Life The has 0.01% invested in National Retail Properties, Inc. (NYSE:NNN). Cambiar Investors Ltd Llc has 90,719 shares. Thrivent Fincl For Lutherans invested 0.01% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Riverpoint Management Ltd Liability holds 0.02% or 6,135 shares. Frontier Management Ltd Liability Co invested in 0.17% or 562,598 shares. Boulegeris reported 2.3% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Bahl Gaynor reported 0% stake. Netherlands-based Robeco Institutional Asset Mgmt Bv has invested 0% in National Retail Properties, Inc. (NYSE:NNN).

Since August 17, 2017, it had 0 insider purchases, and 3 selling transactions for $1.63 million activity. HABICHT KEVIN B had sold 20,664 shares worth $880,286 on Thursday, December 14. Another trade for 10,000 shares valued at $411,100 was made by Horn Stephen A JR on Thursday, August 17. Shares for $721,966 were sold by WHITEHURST JULIAN E.

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. FBR Capital initiated National Retail Properties, Inc. (NYSE:NNN) on Wednesday, October 12 with “Outperform” rating. FBR Capital maintained it with “Outperform” rating and $43 target in Friday, February 12 report. The company was upgraded on Monday, November 21 by Robert W. Baird. The firm has “Hold” rating given on Friday, November 13 by BB&T Capital. The firm earned “Buy” rating on Thursday, November 2 by Ladenburg. The firm has “Neutral” rating by DA Davidson given on Thursday, July 23. On Wednesday, January 24 the stock rating was maintained by Ladenburg with “Buy”. The firm earned “Buy” rating on Monday, July 11 by Stifel Nicolaus. On Tuesday, February 13 the stock rating was maintained by Stifel Nicolaus with “Buy”. UBS upgraded the shares of NNN in report on Thursday, November 9 to “Neutral” rating.

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: Nasdaq.com which released: “National Retail Properties, Inc. Q4 Income Advances” on February 13, 2018, also Gurufocus.com with their article: “Green Street Investors, LLC Buys National Retail Properties Inc, CubeSmart …” published on January 23, 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: “National Retail Properties: Addressing The Risks” published on February 13, 2018 as well as Seekingalpha.com‘s news article titled: “Don’t Let The Selloff Confuse You: This 4.6%-Yielding REIT Remains A Strong Buy” with publication date: January 24, 2018.

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