One Liberty Properties (NYSE:OLP) Shares Cross Above 200-Day Moving Average – Time to Sell?

One Liberty Properties, Inc. (NYSE:OLP) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $21.56 and traded as high as $22.60. One Liberty Properties shares last traded at $22.29, with a volume of 96,711 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of One Liberty Properties in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

One Liberty Properties Price Performance

The firm has a market capitalization of $482.58 million, a PE ratio of 14.47, a P/E/G ratio of 2.59 and a beta of 0.98. The firm’s fifty day moving average price is $20.87 and its 200 day moving average price is $21.56. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 1.50.

One Liberty Properties (NYSE:OLP) last posted its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, meeting the consensus estimate of $0.48. The company had revenue of $23.77 million for the quarter, compared to analyst estimates of $24.18 million. One Liberty Properties had a net margin of 34.87% and a return on equity of 10.99%. As a group, equities analysts forecast that One Liberty Properties, Inc. will post 1.68 earnings per share for the current year.

One Liberty Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 22nd were paid a $0.45 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.1%. One Liberty Properties’s dividend payout ratio is presently 116.88%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of OLP. US Bancorp DE boosted its position in One Liberty Properties by 62.7% in the 3rd quarter. US Bancorp DE now owns 1,271 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 490 shares in the last quarter. Allworth Financial LP increased its holdings in shares of One Liberty Properties by 1,440.5% during the 2nd quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,138 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of One Liberty Properties in the 2nd quarter valued at $31,000. GAMMA Investing LLC boosted its holdings in One Liberty Properties by 241.7% during the fourth quarter. GAMMA Investing LLC now owns 1,951 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 1,380 shares in the last quarter. Finally, Ameritas Investment Partners Inc. boosted its holdings in One Liberty Properties by 43.5% during the second quarter. Ameritas Investment Partners Inc. now owns 1,874 shares of the real estate investment trust’s stock worth $45,000 after buying an additional 568 shares in the last quarter. 36.24% of the stock is owned by institutional investors and hedge funds.

About One Liberty Properties

One Liberty Properties, Inc is a self-administered real estate investment trust (REIT) specializing in the acquisition, ownership and management of net leased commercial properties. The company focuses on single-tenant retail, office and industrial assets that are subject to long-term, triple-net leases, shifting operating responsibilities—such as maintenance, insurance and taxes—to the tenant. One Liberty’s strategy emphasizes creditworthy tenants, lease durations that provide predictable cash flow and geographically diversified holdings.

Since its founding in 1988 and incorporation as a REIT in 1993, One Liberty has assembled a portfolio of more than 130 properties spanning retail convenience centers, quick-service restaurants, automotive service stations, office buildings and light industrial facilities.