Dimensional Fund Advisors LP Raises Holdings in One Liberty Properties, Inc. (NYSE:OLP)

Dimensional Fund Advisors LP boosted its position in One Liberty Properties, Inc. (NYSE:OLP) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 247,150 shares of the real estate investment trust’s stock after purchasing an additional 1,171 shares during the quarter. Dimensional Fund Advisors LP owned about 1.16% of One Liberty Properties worth $6,732,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its holdings in shares of One Liberty Properties by 24.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,956 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 388 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in One Liberty Properties during the fourth quarter worth about $100,000. Resona Asset Management Co. Ltd. purchased a new stake in One Liberty Properties during the 4th quarter valued at about $164,000. SG Americas Securities LLC raised its holdings in One Liberty Properties by 10.9% in the 4th quarter. SG Americas Securities LLC now owns 6,431 shares of the real estate investment trust’s stock valued at $175,000 after acquiring an additional 632 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its holdings in One Liberty Properties by 24.4% in the 4th quarter. Nisa Investment Advisors LLC now owns 7,206 shares of the real estate investment trust’s stock valued at $200,000 after acquiring an additional 1,415 shares during the last quarter. Hedge funds and other institutional investors own 36.24% of the company’s stock.

One Liberty Properties Stock Up 0.8%

Shares of OLP opened at $23.43 on Monday. One Liberty Properties, Inc. has a 52-week low of $22.32 and a 52-week high of $30.45. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.40. The stock has a fifty day simple moving average of $25.07 and a two-hundred day simple moving average of $26.44. The company has a market capitalization of $505.95 million, a PE ratio of 14.46, a price-to-earnings-growth ratio of 3.02 and a beta of 1.14.

One Liberty Properties (NYSE:OLP) last released its quarterly earnings data on Tuesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.48. One Liberty Properties had a net margin of 38.96% and a return on equity of 11.35%. The firm had revenue of $24.17 million during the quarter, compared to analysts’ expectations of $24.59 million. As a group, equities analysts forecast that One Liberty Properties, Inc. will post 1.68 EPS for the current year.

One Liberty Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Thursday, March 27th were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, March 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.68%. One Liberty Properties’s dividend payout ratio is currently 133.33%.

Analyst Ratings Changes

Separately, StockNews.com cut One Liberty Properties from a “buy” rating to a “hold” rating in a report on Wednesday, May 7th.

Insider Activity

In related news, EVP Justin Clair sold 3,324 shares of the business’s stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $25.10, for a total value of $83,432.40. Following the sale, the executive vice president now directly owns 35,750 shares in the company, valued at approximately $897,325. The trade was a 8.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 25.80% of the company’s stock.

About One Liberty Properties

One Liberty Properties, Inc is a real estate investment trust, which engages in acquisition, ownership, and management of the geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness, and theater properties, many of which are subject to long-term leases.