Exchange Traded Concepts LLC Sells 33,590 Shares of One Liberty Properties, Inc. (NYSE:OLP)

Exchange Traded Concepts LLC lowered its position in One Liberty Properties, Inc. (NYSE:OLP - Free Report) by 45.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,734 shares of the real estate investment trust's stock after selling 33,590 shares during the period. Exchange Traded Concepts LLC owned 0.19% of One Liberty Properties worth $1,110,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of OLP. Barclays PLC raised its stake in shares of One Liberty Properties by 310.8% in the third quarter. Barclays PLC now owns 24,606 shares of the real estate investment trust's stock valued at $678,000 after acquiring an additional 18,616 shares during the last quarter. Geode Capital Management LLC lifted its position in One Liberty Properties by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 458,454 shares of the real estate investment trust's stock valued at $12,628,000 after acquiring an additional 17,651 shares in the last quarter. State Street Corp lifted its position in One Liberty Properties by 3.3% in the 3rd quarter. State Street Corp now owns 488,250 shares of the real estate investment trust's stock valued at $13,660,000 after acquiring an additional 15,770 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in One Liberty Properties by 44.8% in the 3rd 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 acquiring an additional 7,923 shares in the last quarter. Finally, Penserra Capital Management LLC boosted its stake in shares of One Liberty Properties by 23.0% during the 3rd quarter. Penserra Capital Management LLC now owns 42,331 shares of the real estate investment trust's stock worth $1,165,000 after buying an additional 7,905 shares during the last quarter. Institutional investors own 36.24% of the company's stock.

One Liberty Properties Stock Performance

NYSE:OLP traded down $0.03 during mid-day trading on Friday, hitting $25.64. The stock had a trading volume of 44,149 shares, compared to its average volume of 49,952. One Liberty Properties, Inc. has a twelve month low of $19.25 and a twelve month high of $30.45. The stock has a market cap of $548.53 million, a price-to-earnings ratio of 15.83, a PEG ratio of 2.98 and a beta of 1.40. The company's 50 day simple moving average is $27.41 and its 200 day simple moving average is $27.05. The company has a debt-to-equity ratio of 1.40, a quick ratio of 2.48 and a current ratio of 2.48.

One Liberty Properties (NYSE:OLP - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.18). The company 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%. On average, equities research analysts forecast that One Liberty Properties, Inc. will post 1.68 earnings per share for the current year.

One Liberty Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 23rd were given a dividend of $0.45 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.80 annualized dividend and a yield of 7.02%. One Liberty Properties's dividend payout ratio (DPR) is presently 111.11%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of One Liberty Properties from a "hold" rating to a "buy" rating in a research note on Wednesday, November 20th.

One Liberty Properties Profile

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.