Short Interest in One Liberty Properties, Inc. (NYSE:OLP) Decreases By 18.8%

One Liberty Properties, Inc. (NYSE:OLP - Get Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 79,900 shares, a decrease of 18.8% from the January 15th total of 98,400 shares. Based on an average trading volume of 53,900 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.5% of the company's stock are sold short.

Analysts Set New Price Targets

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.

One Liberty Properties Stock Performance

Shares of NYSE:OLP traded down $0.11 during trading on Wednesday, hitting $26.20. 30,902 shares of the company traded hands, compared to its average volume of 44,469. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.40. The business's fifty day moving average is $26.42 and its 200-day moving average is $27.06. The stock has a market capitalization of $560.31 million, a price-to-earnings ratio of 16.17, a PEG ratio of 3.04 and a beta of 1.39. One Liberty Properties has a one year low of $19.90 and a one year high of $30.45.

One Liberty Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 23rd were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.87%. The ex-dividend date was Monday, December 23rd. One Liberty Properties's dividend payout ratio (DPR) is 111.11%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of OLP. Tower Research Capital LLC TRC lifted its stake in shares of One Liberty Properties by 215.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,608 shares of the real estate investment trust's stock worth $44,000 after acquiring an additional 1,098 shares during the period. PNC Financial Services Group Inc. raised its holdings in One Liberty Properties by 24.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,956 shares of the real estate investment trust's stock worth $53,000 after purchasing an additional 388 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in One Liberty Properties in the fourth quarter worth approximately $100,000. Lazard Asset Management LLC boosted its stake in One Liberty Properties by 934.8% during the 4th 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, SG Americas Securities LLC acquired a new position in shares of One Liberty Properties during the 3rd quarter valued at $160,000. Institutional investors own 36.24% of the company's stock.

One Liberty Properties Company 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.