One Liberty Properties, Inc. $OLP Shares Sold by Invesco Ltd.

Invesco Ltd. decreased its holdings in shares of One Liberty Properties, Inc. (NYSE:OLP) by 13.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,508 shares of the real estate investment trust’s stock after selling 6,137 shares during the quarter. Invesco Ltd. owned about 0.18% of One Liberty Properties worth $1,038,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Larson Financial Group LLC lifted its position in One Liberty Properties by 127.5% in the first quarter. Larson Financial Group LLC now owns 1,060 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 594 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of One Liberty Properties by 215.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,608 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 1,098 shares during the last quarter. PNC Financial Services Group Inc. grew its position in One Liberty Properties by 63.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,191 shares of the real estate investment trust’s stock worth $84,000 after purchasing an additional 1,235 shares during the last quarter. New Age Alpha Advisors LLC purchased a new position in One Liberty Properties during the 1st quarter worth $97,000. Finally, Vestcor Inc purchased a new stake in shares of One Liberty Properties in the first quarter valued at about $105,000. 36.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at One Liberty Properties

In related news, COO Lawrence Ricketts sold 2,000 shares of One Liberty Properties stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $24.98, for a total transaction of $49,960.00. Following the completion of the transaction, the chief operating officer directly owned 185,106 shares of the company’s stock, valued at $4,623,947.88. This trade represents a 1.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 25.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut shares of One Liberty Properties from a “buy” rating to a “hold” rating in a research report on Wednesday, May 7th.

One Liberty Properties Stock Down 1.4%

OLP stock opened at $23.57 on Wednesday. The firm has a market capitalization of $509.05 million, a P/E ratio of 18.27 and a beta of 1.11. The company has a debt-to-equity ratio of 1.50, a current ratio of 2.07 and a quick ratio of 2.07. The company’s 50 day simple moving average is $23.32 and its 200-day simple moving average is $24.45. One Liberty Properties, Inc. has a 52-week low of $21.94 and a 52-week high of $30.45.

One Liberty Properties (NYSE:OLP) last posted its earnings results on Tuesday, August 5th. The real estate investment trust reported $0.49 EPS for the quarter, hitting the consensus estimate of $0.49. The company had revenue of $24.55 million during the quarter, compared to the consensus estimate of $25.00 million. One Liberty Properties had a net margin of 29.85% and a return on equity of 9.26%. As a group, equities research analysts anticipate that One Liberty Properties, Inc. will post 1.68 EPS for the current year.

One Liberty Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 25th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend was Wednesday, June 25th. One Liberty Properties’s dividend payout ratio (DPR) is presently 139.53%.

One Liberty Properties Company Profile

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.