Vanguard Group Inc. Has $47.13 Million Stake in One Liberty Properties, Inc. (NYSE:OLP)

Vanguard Group Inc. reduced its holdings in One Liberty Properties, Inc. (NYSE:OLP - Free Report) by 3.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,730,163 shares of the real estate investment trust's stock after selling 57,975 shares during the quarter. Vanguard Group Inc. owned approximately 8.09% of One Liberty Properties worth $47,130,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. PNC Financial Services Group Inc. increased its holdings in One Liberty Properties by 24.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,956 shares of the real estate investment trust's stock valued at $53,000 after purchasing an additional 388 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in shares of One Liberty Properties in the fourth quarter valued at about $100,000. BNP Paribas Financial Markets raised its position in shares of One Liberty Properties by 80.1% during the third quarter. BNP Paribas Financial Markets now owns 6,300 shares of the real estate investment trust's stock worth $174,000 after acquiring an additional 2,801 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of One Liberty Properties by 10.9% in the fourth quarter. SG Americas Securities LLC now owns 6,431 shares of the real estate investment trust's stock worth $175,000 after acquiring an additional 632 shares during the period. Finally, Nisa Investment Advisors LLC boosted its holdings in One Liberty Properties by 24.4% in 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 acquiring an additional 1,415 shares during the last quarter. Institutional investors own 36.24% of the company's stock.

One Liberty Properties Trading Up 0.3 %

Shares of One Liberty Properties stock traded up $0.07 on Thursday, hitting $24.24. 10,155 shares of the company's stock traded hands, compared to its average volume of 59,882. The company has a market capitalization of $523.16 million, a price-to-earnings ratio of 14.96, a price-to-earnings-growth ratio of 3.02 and a beta of 1.11. The company has a fifty day moving average of $25.76 and a two-hundred day moving average of $26.83. 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 one year low of $21.50 and a one year high of $30.45.

One Liberty Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Thursday, March 27th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.43%. One Liberty Properties's payout ratio is presently 128.57%.

Insider Buying and Selling

In related news, EVP Justin Clair sold 3,324 shares of the stock in a transaction on Friday, April 4th. The stock was sold at an average price of $25.10, for a total value of $83,432.40. Following the transaction, the executive vice president now directly owns 35,750 shares in the company, valued at $897,325. This trade represents a 8.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 25.40% of the stock is owned by insiders.

Analysts Set New Price Targets

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

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.