Separately, Zacks Investment Research cut One Liberty Properties from a strong-buy rating to a hold rating in a report on Wednesday, January 12th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, One Liberty Properties currently has an average rating of Buy and a consensus price target of $36.75.
Shares of One Liberty Properties stock traded down $0.82 on Friday, reaching $26.27. 49,704 shares of the company’s stock were exchanged, compared to its average volume of 40,497. The company has a market capitalization of $554.82 million, a P/E ratio of 12.28, a price-to-earnings-growth ratio of 2.65 and a beta of 1.37. One Liberty Properties has a 52 week low of $23.80 and a 52 week high of $36.60. The firm’s 50-day moving average is $30.28 and its two-hundred day moving average is $31.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.54 and a current ratio of 1.54.
The company also recently announced a quarterly dividend, which was paid on Thursday, April 7th. Investors of record on Thursday, March 24th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.85%. The ex-dividend date of this dividend was Wednesday, March 23rd. One Liberty Properties’s dividend payout ratio is currently 84.11%.
Institutional investors and hedge funds have recently modified their holdings of the stock. TAP Consulting LLC bought a new position in shares of One Liberty Properties in the 4th quarter worth $30,000. UMB Bank N A MO bought a new position in One Liberty Properties during the 4th quarter valued at $57,000. Prospera Financial Services Inc bought a new position in One Liberty Properties during the 1st quarter valued at $73,000. Bogart Wealth LLC bought a new position in One Liberty Properties during the 1st quarter valued at $75,000. Finally, Penserra Capital Management LLC bought a new position in One Liberty Properties during the 3rd quarter valued at $83,000. Institutional investors own 39.98% of the company’s stock.
About One Liberty Properties (Get Rating)
One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness and theater properties. Many of these properties are subject to long term net leases under which the tenant is typically responsible for the property's real estate taxes, insurance and ordinary maintenance and repairs.
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