One Liberty Properties (NYSE:OLP) Stock Rating Lowered by Wall Street Zen

One Liberty Properties (NYSE:OLP) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

OLP has been the subject of several other research reports. B. Riley Financial restated a “buy” rating and set a $27.50 price target (up from $26.50) on shares of One Liberty Properties in a report on Wednesday. Weiss Ratings reaffirmed a “sell (e)” rating on shares of One Liberty Properties in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $27.50.

One Liberty Properties Trading Down 0.6%

Shares of OLP stock opened at $22.81 on Friday. One Liberty Properties has a 1-year low of $19.62 and a 1-year high of $27.03. 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 market cap of $497.53 million, a price-to-earnings ratio of 19.50, a PEG ratio of 2.68 and a beta of 0.95. The stock has a 50-day moving average of $22.23 and a 200-day moving average of $21.61.

Hedge Funds Weigh In On One Liberty Properties

Institutional investors have recently added to or reduced their stakes in the business. US Bancorp DE grew its position in shares of One Liberty Properties by 62.7% during the 3rd quarter. US Bancorp DE now owns 1,271 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 490 shares during the period. Allworth Financial LP increased its stake 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 valued at $29,000 after acquiring an additional 1,138 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of One Liberty Properties by 241.7% during the 4th quarter. GAMMA Investing LLC now owns 1,951 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 1,380 shares during the period. Ameritas Investment Partners Inc. lifted its position in shares of One Liberty Properties by 43.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,874 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 568 shares during the period. Finally, Camelot Portfolios LLC bought a new position in One Liberty Properties during the fourth quarter worth $51,000. 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.