Barclays PLC raised its stake in One Liberty Properties, Inc. (NYSE:OLP - Free Report) by 310.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,606 shares of the real estate investment trust's stock after buying an additional 18,616 shares during the quarter. Barclays PLC owned 0.12% of One Liberty Properties worth $678,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of One Liberty Properties by 3.3% during the third quarter. State Street Corp now owns 488,250 shares of the real estate investment trust's stock worth $13,660,000 after purchasing an additional 15,770 shares in the last quarter. HighTower Advisors LLC bought a new position in One Liberty Properties during the third quarter worth about $201,000. Martingale Asset Management L P grew its position in shares of One Liberty Properties by 13.6% in the 3rd quarter. Martingale Asset Management L P now owns 23,116 shares of the real estate investment trust's stock valued at $637,000 after purchasing an additional 2,770 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of One Liberty Properties by 44.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,604 shares of the real estate investment trust's stock valued at $705,000 after buying an additional 7,923 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in One Liberty Properties by 80.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,300 shares of the real estate investment trust's stock worth $174,000 after purchasing an additional 2,801 shares during the period. Institutional investors own 36.24% of the company's stock.
Analyst Ratings Changes
Separately, StockNews.com raised shares of One Liberty Properties from a "hold" rating to a "buy" rating in a research report on Wednesday, November 20th.
View Our Latest Stock Analysis on One Liberty Properties
One Liberty Properties Stock Performance
OLP stock traded down $0.40 during mid-day trading on Thursday, hitting $26.84. 69,163 shares of the company were exchanged, compared to its average volume of 52,887. One Liberty Properties, Inc. has a 1-year low of $19.25 and a 1-year high of $30.45. The stock has a market capitalization of $574.03 million, a PE ratio of 16.57, a price-to-earnings-growth ratio of 3.44 and a beta of 1.39. The business has a 50 day simple moving average of $28.26 and a 200-day simple moving average of $26.74. The company has a current ratio of 2.48, a quick ratio of 2.48 and a debt-to-equity ratio of 1.40.
One Liberty Properties (NYSE:OLP - Get Free Report) last posted its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.18). The firm had revenue of $22.21 million for the quarter, compared to analyst estimates of $21.89 million. One Liberty Properties had a return on equity of 11.35% and a net margin of 38.96%.
One Liberty Properties Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 23rd will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.71%. The ex-dividend date is Monday, December 23rd. One Liberty Properties's payout ratio is currently 111.11%.
One Liberty Properties Company Profile
(
Free Report)
One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial and retail properties. Many of these properties are subject to long-term net leases under which the tenant is typically responsible for the property's real estate taxes, insurance and ordinary maintenance and repairs.
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