One Liberty Properties, Inc. (OLP) VP Sells $77,500.00 in Stock

One Liberty Properties, Inc. (NYSE:OLP) VP Justin Clair sold 3,100 shares of the stock in a transaction dated Monday, May 21st. The stock was sold at an average price of $25.00, for a total transaction of $77,500.00. Following the completion of the transaction, the vice president now owns 32,566 shares of the company’s stock, valued at $814,150. The sale was disclosed in a document filed with the SEC, which is available through this link.

OLP stock traded up $0.41 during trading on Monday, hitting $25.00. 945 shares of the stock traded hands, compared to its average volume of 54,399. One Liberty Properties, Inc. has a 1 year low of $21.02 and a 1 year high of $27.70. The company has a market capitalization of $470.48 million, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 2.05 and a beta of 0.78. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.09 and a current ratio of 0.09.

One Liberty Properties (NYSE:OLP) last announced its quarterly earnings data on Monday, May 7th. The real estate investment trust reported $0.21 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.12). One Liberty Properties had a net margin of 35.25% and a return on equity of 9.13%. The firm had revenue of $19.53 million for the quarter, compared to analysts’ expectations of $19.41 million. research analysts predict that One Liberty Properties, Inc. will post 2 earnings per share for the current fiscal year.



A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. grew its position in One Liberty Properties by 0.3% during the 4th quarter. BlackRock Inc. now owns 1,304,160 shares of the real estate investment trust’s stock valued at $33,805,000 after purchasing an additional 3,801 shares during the last quarter. Renaissance Technologies LLC grew its position in One Liberty Properties by 11.2% during the 4th quarter. Renaissance Technologies LLC now owns 553,500 shares of the real estate investment trust’s stock valued at $14,347,000 after purchasing an additional 55,600 shares during the last quarter. Northern Trust Corp grew its position in One Liberty Properties by 1.2% during the 1st quarter. Northern Trust Corp now owns 485,330 shares of the real estate investment trust’s stock valued at $10,726,000 after purchasing an additional 5,957 shares during the last quarter. Dimensional Fund Advisors LP grew its position in One Liberty Properties by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 217,896 shares of the real estate investment trust’s stock valued at $4,816,000 after purchasing an additional 5,585 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in One Liberty Properties by 67.7% during the 4th quarter. Wells Fargo & Company MN now owns 154,161 shares of the real estate investment trust’s stock valued at $3,996,000 after purchasing an additional 62,243 shares during the last quarter. 41.30% of the stock is currently owned by institutional investors.

Several brokerages recently issued reports on OLP. Zacks Investment Research upgraded shares of One Liberty Properties from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 16th. ValuEngine lowered shares of One Liberty Properties from a “buy” rating to a “hold” rating in a research note on Friday, April 6th. B. Riley set a $25.00 price target on shares of One Liberty Properties and gave the stock a “hold” rating in a research note on Friday, March 16th. Finally, TheStreet lowered shares of One Liberty Properties from a “b-” rating to a “c+” rating in a research note on Tuesday, March 13th. Five equities research analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and a consensus price target of $26.13.

One Liberty Properties Company Profile

One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio of industrial, retail (including furniture stores and supermarkets), restaurant, health and fitness and theater properties.

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