GSA Capital Partners LLP Buys Shares of 30,123 One Liberty Properties, Inc. $OLP

GSA Capital Partners LLP acquired a new position in One Liberty Properties, Inc. (NYSE:OLP) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 30,123 shares of the real estate investment trust’s stock, valued at approximately $666,000. GSA Capital Partners LLP owned about 0.14% of One Liberty Properties as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its stake in One Liberty Properties by 11.1% during the 2nd quarter. Geode Capital Management LLC now owns 522,344 shares of the real estate investment trust’s stock valued at $12,465,000 after purchasing an additional 52,252 shares in the last quarter. Man Group plc increased its stake in shares of One Liberty Properties by 184.6% in the 2nd quarter. Man Group plc now owns 71,397 shares of the real estate investment trust’s stock valued at $1,704,000 after purchasing an additional 46,308 shares in the last quarter. Jane Street Group LLC increased its position in shares of One Liberty Properties by 172.5% in the first quarter. Jane Street Group LLC now owns 49,468 shares of the real estate investment trust’s stock valued at $1,300,000 after buying an additional 31,313 shares in the last quarter. Los Angeles Capital Management LLC increased its holdings in One Liberty Properties by 56.1% in the 2nd quarter. Los Angeles Capital Management LLC now owns 69,641 shares of the real estate investment trust’s stock worth $1,662,000 after acquiring an additional 25,020 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of One Liberty Properties by 23.6% during the third quarter. JPMorgan Chase & Co. now owns 79,452 shares of the real estate investment trust’s stock worth $1,757,000 after purchasing an additional 15,184 shares in the last quarter. 36.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of One Liberty Properties in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

One Liberty Properties Stock Up 1.7%

Shares of NYSE OLP opened at $23.31 on Monday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 1.50. The stock has a market cap of $504.66 million, a P/E ratio of 15.14, a PEG ratio of 2.76 and a beta of 0.98. The business’s fifty day simple moving average is $21.37 and its 200-day simple moving average is $21.54. One Liberty Properties, Inc. has a 12-month low of $19.62 and a 12-month high of $28.35.

One Liberty Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 22nd were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date was Monday, December 22nd. One Liberty Properties’s dividend payout ratio (DPR) is presently 116.88%.

One Liberty Properties Profile

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.