One Liberty Properties (NYSE:OLP) Cut to “Hold” at StockNews.com

One Liberty Properties (NYSE:OLP) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Thursday.

Separately, B. Riley increased their price objective on One Liberty Properties from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Monday.

One Liberty Properties Stock Up 0.5 %

Shares of NYSE:OLP opened at $21.40 on Thursday. One Liberty Properties has a 52-week low of $17.55 and a 52-week high of $23.43. The stock has a market cap of $454.75 million, a P/E ratio of 15.51, a price-to-earnings-growth ratio of 2.54 and a beta of 1.32. The business’s 50 day moving average is $21.59 and its 200 day moving average is $20.78. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.36.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. New York State Teachers Retirement System bought a new stake in One Liberty Properties during the 3rd quarter valued at $27,000. Fortis Group Advisors LLC boosted its position in One Liberty Properties by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 1,268 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 634 shares in the last quarter. Lazard Asset Management LLC bought a new stake in One Liberty Properties during the 1st quarter valued at $29,000. Tower Research Capital LLC TRC boosted its position in One Liberty Properties by 235.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,694 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 1,189 shares in the last quarter. Finally, Bessemer Group Inc. bought a new stake in One Liberty Properties during the 4th quarter valued at $45,000. Institutional investors own 36.24% of the company’s stock.

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 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.