One Liberty Properties, Inc. (NYSE:OLP) EVP Sells $83,432.40 in Stock

One Liberty Properties, Inc. (NYSE:OLP - Get Free Report) EVP Justin Clair sold 3,324 shares of One Liberty Properties stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $25.10, for a total transaction of $83,432.40. Following the completion of the transaction, the executive vice president now directly owns 35,750 shares of the company's stock, valued at $897,325. This trade represents a 8.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

One Liberty Properties Stock Performance

Shares of OLP traded up $0.19 during trading hours on Friday, hitting $23.65. The stock had a trading volume of 46,106 shares, compared to its average volume of 53,649. The firm has a market capitalization of $510.45 million, a PE ratio of 14.60, a PEG ratio of 3.02 and a beta of 1.11. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.48 and a quick ratio of 2.48. One Liberty Properties, Inc. has a 12 month low of $21.11 and a 12 month high of $30.45. The stock has a fifty day moving average price of $25.88 and a 200 day moving average price of $26.89.

One Liberty Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Thursday, March 27th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 7.61%. The ex-dividend date was Thursday, March 27th. One Liberty Properties's payout ratio is currently 128.57%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of One Liberty Properties from a "hold" rating to a "buy" rating in a research note on Saturday, March 15th.

Hedge Funds Weigh In On One Liberty Properties

A number of institutional investors and hedge funds have recently made changes to their positions in OLP. Tower Research Capital LLC TRC increased its position in One Liberty Properties by 215.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,608 shares of the real estate investment trust's stock worth $44,000 after buying an additional 1,098 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in One Liberty Properties by 24.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,956 shares of the real estate investment trust's stock worth $53,000 after acquiring an additional 388 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in One Liberty Properties during the 4th quarter worth approximately $100,000. Lazard Asset Management LLC lifted its holdings in One Liberty Properties by 934.8% during the fourth quarter. Lazard Asset Management LLC now owns 5,443 shares of the real estate investment trust's stock valued at $148,000 after purchasing an additional 4,917 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. bought a new position in shares of One Liberty Properties in the fourth quarter worth approximately $164,000. Hedge funds and other institutional investors own 36.24% of the company's stock.

About One Liberty Properties

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.