Proficio Capital Partners LLC Takes Position in One Liberty Properties, Inc. (NYSE:OLP)

Proficio Capital Partners LLC bought a new stake in One Liberty Properties, Inc. (NYSE:OLP - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,305 shares of the real estate investment trust's stock, valued at approximately $499,000. Proficio Capital Partners LLC owned 0.09% of One Liberty Properties at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Bank of New York Mellon Corp boosted its stake in One Liberty Properties by 3.2% during the 4th quarter. Bank of New York Mellon Corp now owns 89,519 shares of the real estate investment trust's stock worth $2,439,000 after acquiring an additional 2,792 shares during the last quarter. Truist Financial Corp acquired a new position in shares of One Liberty Properties in the 4th quarter valued at $224,000. SG Americas Securities LLC increased its position in shares of One Liberty Properties by 10.9% in the 4th quarter. SG Americas Securities LLC now owns 6,431 shares of the real estate investment trust's stock valued at $175,000 after buying an additional 632 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in One Liberty Properties by 24.4% during the fourth quarter. Nisa Investment Advisors LLC now owns 7,206 shares of the real estate investment trust's stock worth $200,000 after acquiring an additional 1,415 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in One Liberty Properties by 4.6% in the third quarter. Franklin Resources Inc. now owns 9,964 shares of the real estate investment trust's stock valued at $268,000 after acquiring an additional 440 shares during the period. 36.24% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered One Liberty Properties from a "buy" rating to a "hold" rating in a research report on Friday, March 7th.

One Liberty Properties Stock Down 1.7 %

Shares of One Liberty Properties stock traded down $0.44 on Thursday, hitting $25.78. The company had a trading volume of 28,294 shares, compared to its average volume of 49,285. The stock has a 50-day moving average of $26.06 and a 200-day moving average of $27.19. 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 twelve month low of $21.11 and a twelve month high of $30.45. The firm has a market capitalization of $556.60 million, a P/E ratio of 15.92, a P/E/G ratio of 3.02 and a beta of 1.38.

One Liberty Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 6.98%. The ex-dividend date of this dividend is Thursday, March 27th. One Liberty Properties's dividend payout ratio (DPR) is presently 128.57%.

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.