One Liberty Properties, Inc. (NYSE:OLP – Get Rating) COO Lawrence Ricketts sold 2,039 shares of the business’s stock in a transaction dated Wednesday, January 18th. The shares were sold at an average price of $23.55, for a total transaction of $48,018.45. Following the sale, the chief operating officer now directly owns 187,126 shares of the company’s stock, valued at approximately $4,406,817.30. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
One Liberty Properties Stock Performance
OLP opened at $23.39 on Friday. One Liberty Properties, Inc. has a twelve month low of $20.45 and a twelve month high of $32.99. The stock has a market cap of $492.83 million, a PE ratio of 12.51, a price-to-earnings-growth ratio of 2.38 and a beta of 1.28. The business’s 50 day moving average is $23.28 and its 200-day moving average is $23.98. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 1.31.
One Liberty Properties Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 5th. Stockholders of record on Tuesday, December 20th were paid a $0.45 dividend. The ex-dividend date of this dividend was Monday, December 19th. This represents a $1.80 annualized dividend and a dividend yield of 7.70%. One Liberty Properties’s payout ratio is 96.26%.
Analyst Ratings Changes
Institutional Investors Weigh In On One Liberty Properties
A number of hedge funds and other institutional investors have recently modified their holdings of OLP. JFS Wealth Advisors LLC raised its stake in shares of One Liberty Properties by 84.2% in the 3rd quarter. JFS Wealth Advisors LLC now owns 1,310 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 599 shares in the last quarter. Lazard Asset Management LLC bought a new position in shares of One Liberty Properties during the 1st quarter valued at about $29,000. Amalgamated Bank acquired a new position in shares of One Liberty Properties in the 1st quarter worth approximately $60,000. Captrust Financial Advisors bought a new stake in shares of One Liberty Properties in the 2nd quarter worth approximately $60,000. Finally, Newbridge Financial Services Group Inc. lifted its stake in One Liberty Properties by 1,517.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 3,428 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 3,216 shares during the last quarter. 38.91% of the stock is currently owned by institutional investors.
One Liberty Properties Company Profile
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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