One Liberty Properties (NYSE:OLP) Earns Buy Rating from B. Riley Financial

One Liberty Properties (NYSE:OLP)‘s stock had its “buy” rating reiterated by research analysts at B. Riley Financial in a research note issued to investors on Wednesday,Benzinga reports. They currently have a $27.50 price objective on the real estate investment trust’s stock, up from their previous price objective of $26.50. B. Riley Financial’s price target suggests a potential upside of 19.87% from the company’s previous close.

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of One Liberty Properties in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, One Liberty Properties presently has an average rating of “Hold” and a consensus price target of $27.50.

One Liberty Properties Price Performance

Shares of NYSE OLP opened at $22.94 on Wednesday. The company has a current ratio of 1.97, a quick ratio of 1.92 and a debt-to-equity ratio of 1.73. The stock has a fifty day simple moving average of $22.18 and a two-hundred day simple moving average of $21.62. One Liberty Properties has a 1-year low of $19.62 and a 1-year high of $27.04. The firm has a market cap of $500.37 million, a price-to-earnings ratio of 19.61, a price-to-earnings-growth ratio of 2.71 and a beta of 0.95.

Institutional Trading of One Liberty Properties

Several large investors have recently added to or reduced their stakes in OLP. Jane Street Group LLC boosted its stake in shares of One Liberty Properties by 172.5% during the 1st quarter. Jane Street Group LLC now owns 49,468 shares of the real estate investment trust’s stock valued at $1,300,000 after purchasing an additional 31,313 shares in the last quarter. Strs Ohio bought a new stake in One Liberty Properties during the 1st quarter valued at approximately $76,000. Los Angeles Capital Management LLC grew its holdings in shares of One Liberty Properties by 56.1% during 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 during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of One Liberty Properties by 29.7% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 12,478 shares of the real estate investment trust’s stock worth $298,000 after acquiring an additional 2,860 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of One Liberty Properties by 1,440.5% in the 2nd quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,138 shares in the last quarter. Institutional investors own 36.24% of the company’s stock.

One Liberty Properties Company 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.