One Liberty Properties (NYSE:OLP - Get Free Report) was downgraded by equities researchers at StockNews.com from a "buy" rating to a "hold" rating in a note issued to investors on Friday.
One Liberty Properties Price Performance
NYSE:OLP traded down $0.82 on Friday, reaching $26.69. The stock had a trading volume of 65,196 shares, compared to its average volume of 49,298. The company has a market capitalization of $570.82 million, a P/E ratio of 16.48, a price-to-earnings-growth ratio of 3.02 and a beta of 1.38. The stock has a fifty day moving average price of $26.08 and a 200-day moving average price of $27.20. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.40. One Liberty Properties has a 1-year low of $21.11 and a 1-year high of $30.45.
Hedge Funds Weigh In On One Liberty Properties
A number of institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC grew its stake in shares of One Liberty Properties by 215.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,608 shares of the real estate investment trust's stock valued at $44,000 after purchasing an additional 1,098 shares during the last quarter. PNC Financial Services Group Inc. boosted its position 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 valued at $53,000 after buying an additional 388 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of One Liberty Properties in the 4th quarter valued at $100,000. Lazard Asset Management LLC lifted its stake in shares of 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 acquiring an additional 4,917 shares during the period. Finally, Resona Asset Management Co. Ltd. acquired a new position in shares of One Liberty Properties during the fourth quarter valued at $164,000. 36.24% of the stock is owned by institutional investors.
About One Liberty Properties
(
Get Free Report)
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.
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