One Liberty Properties, Inc. (NYSE:OLP) Shares Sold by Sumitomo Mitsui Trust Holdings Inc.

Sumitomo Mitsui Trust Holdings Inc. lessened its holdings in shares of One Liberty Properties, Inc. (NYSE:OLP) by 7.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,232 shares of the real estate investment trust’s stock after selling 1,451 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.08% of One Liberty Properties worth $378,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in One Liberty Properties by 0.4% in the third quarter. Vanguard Group Inc. now owns 1,770,297 shares of the real estate investment trust’s stock valued at $33,406,000 after purchasing an additional 7,431 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in One Liberty Properties by 41.2% in the fourth quarter. Exchange Traded Concepts LLC now owns 104,347 shares of the real estate investment trust’s stock valued at $2,286,000 after purchasing an additional 30,470 shares during the last quarter. Swiss National Bank grew its holdings in One Liberty Properties by 3.0% in the third quarter. Swiss National Bank now owns 37,552 shares of the real estate investment trust’s stock valued at $709,000 after purchasing an additional 1,100 shares during the last quarter. Penserra Capital Management LLC grew its holdings in One Liberty Properties by 14.4% in the third quarter. Penserra Capital Management LLC now owns 23,574 shares of the real estate investment trust’s stock valued at $434,000 after purchasing an additional 2,968 shares during the last quarter. Finally, Panagora Asset Management Inc. grew its holdings in One Liberty Properties by 54.7% in the third quarter. Panagora Asset Management Inc. now owns 21,667 shares of the real estate investment trust’s stock valued at $409,000 after purchasing an additional 7,658 shares during the last quarter. Institutional investors and hedge funds own 36.24% of the company’s stock.

One Liberty Properties Stock Up 0.3 %

Shares of NYSE:OLP opened at $22.69 on Friday. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.36. One Liberty Properties, Inc. has a 52-week low of $17.55 and a 52-week high of $23.43. The stock’s fifty day simple moving average is $21.83 and its 200-day simple moving average is $20.95. The company has a market capitalization of $482.16 million, a P/E ratio of 16.44, a P/E/G ratio of 2.68 and a beta of 1.32.

One Liberty Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Wednesday, March 27th were given a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, March 26th. This represents a $1.80 annualized dividend and a dividend yield of 7.93%. One Liberty Properties’s dividend payout ratio is currently 130.44%.

Analysts Set New Price Targets

OLP has been the topic of several research reports. StockNews.com lowered One Liberty Properties from a “buy” rating to a “hold” rating in a report on Thursday, April 18th. B. Riley upped their target price on One Liberty Properties from $24.00 to $25.00 and gave the company a “buy” rating in a report on Monday, April 15th.

One Liberty Properties 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.