Proficio Capital Partners LLC Makes New Investment in One Liberty Properties, Inc. (NYSE:OLP)

Proficio Capital Partners LLC bought a new stake in shares of One Liberty Properties, Inc. (NYSE:OLP - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. 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 about 0.09% of One Liberty Properties as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Franklin Resources Inc. raised its holdings in shares of 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 in the last quarter. SG Americas Securities LLC increased its holdings 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 acquiring an additional 632 shares during the period. Charles Schwab Investment Management Inc. grew its stake in One Liberty Properties by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,857 shares of the real estate investment trust's stock valued at $3,537,000 after purchasing an additional 929 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in shares of 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 valued at $200,000 after buying an additional 1,415 shares during the last quarter. Finally, Martingale Asset Management L P lifted its position in One Liberty Properties by 13.6% during the third quarter. Martingale Asset Management L P now owns 23,116 shares of the real estate investment trust's stock valued at $637,000 after acquiring an additional 2,770 shares during the last quarter. 36.24% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of One Liberty Properties from a "hold" rating to a "buy" rating in a research report on Saturday, March 15th.

One Liberty Properties Price Performance

OLP traded down $0.02 during midday trading on Friday, hitting $26.05. 52,950 shares of the company traded hands, compared to its average volume of 52,569. One Liberty Properties, Inc. has a 52-week low of $21.11 and a 52-week high of $30.45. The company has a current ratio of 2.48, a quick ratio of 2.48 and a debt-to-equity ratio of 1.40. The business has a 50 day simple moving average of $26.13 and a two-hundred day simple moving average of $27.16. The company has a market capitalization of $562.23 million, a price-to-earnings ratio of 16.08, a PEG ratio of 3.02 and a beta of 1.38.

One Liberty Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, March 27th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $1.80 annualized dividend and a dividend yield of 6.91%. One Liberty Properties's dividend payout ratio is presently 128.57%.

About One Liberty Properties

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.