One Liberty Properties (NYSE:OLP) Given New $25.00 Price Target at B. Riley

One Liberty Properties (NYSE:OLP) had its price objective upped by B. Riley from $24.00 to $25.00 in a report published on Monday morning, Benzinga reports. They currently have a buy rating on the real estate investment trust’s stock.

Separately, StockNews.com upgraded One Liberty Properties from a hold rating to a buy rating in a report on Wednesday, April 10th.

One Liberty Properties Trading Down 2.0 %

OLP stock opened at $21.60 on Monday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 2.48 and a current ratio of 2.48. One Liberty Properties has a one year low of $17.55 and a one year high of $23.43. The company’s 50 day moving average price is $21.54 and its two-hundred day moving average price is $20.76. The company has a market capitalization of $459.00 million, a PE ratio of 15.65, a price-to-earnings-growth ratio of 2.59 and a beta of 1.32.

One Liberty Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Wednesday, March 27th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 8.33%. The ex-dividend date of this dividend was Tuesday, March 26th. One Liberty Properties’s payout ratio is 130.44%.

Institutional Investors Weigh In On One Liberty Properties

Several institutional investors have recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC bought a new position in shares of One Liberty Properties during the first quarter valued at about $68,000. Fortis Group Advisors LLC lifted its holdings in One Liberty Properties by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 1,268 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 634 shares during the period. Barclays PLC lifted its holdings in One Liberty Properties by 329.7% in the 4th quarter. Barclays PLC now owns 25,656 shares of the real estate investment trust’s stock worth $562,000 after buying an additional 19,686 shares during the period. Nuveen Asset Management LLC grew its position in shares of One Liberty Properties by 23.6% in the 4th quarter. Nuveen Asset Management LLC now owns 49,584 shares of the real estate investment trust’s stock worth $1,087,000 after buying an additional 9,457 shares during the last quarter. Finally, Royal Bank of Canada increased its stake in shares of One Liberty Properties by 9.4% during the fourth quarter. Royal Bank of Canada now owns 38,835 shares of the real estate investment trust’s stock valued at $850,000 after buying an additional 3,323 shares during the period. Hedge funds and other institutional investors own 36.24% of the company’s stock.

About One Liberty Properties

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 and retail 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.