One Liberty Properties, Inc. (NYSE:OLP) SVP Sells $243,130.00 in Stock

One Liberty Properties, Inc. (NYSE:OLP) SVP Jeffrey Gould sold 8,200 shares of the company’s stock in a transaction dated Friday, July 16th. The shares were sold at an average price of $29.65, for a total transaction of $243,130.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

One Liberty Properties stock opened at $30.28 on Thursday. The stock has a market cap of $627.76 million, a PE ratio of 28.57 and a beta of 1.42. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.54 and a current ratio of 1.54. One Liberty Properties, Inc. has a 1 year low of $14.93 and a 1 year high of $30.73. The firm has a 50-day moving average of $27.71.

One Liberty Properties (NYSE:OLP) last released its quarterly earnings data on Wednesday, May 5th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.04). One Liberty Properties had a net margin of 27.67% and a return on equity of 7.79%. On average, research analysts predict that One Liberty Properties, Inc. will post 1.74 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 9th. Shareholders of record on Friday, June 25th were given a $0.45 dividend. The ex-dividend date of this dividend was Thursday, June 24th. This represents a $1.80 annualized dividend and a yield of 5.94%. One Liberty Properties’s dividend payout ratio (DPR) is 94.74%.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Nuveen Asset Management LLC lifted its position in shares of One Liberty Properties by 0.7% in the 4th quarter. Nuveen Asset Management LLC now owns 76,586 shares of the real estate investment trust’s stock worth $1,537,000 after purchasing an additional 504 shares during the period. State of Alaska Department of Revenue lifted its position in shares of One Liberty Properties by 8.9% in the 2nd quarter. State of Alaska Department of Revenue now owns 6,734 shares of the real estate investment trust’s stock worth $191,000 after purchasing an additional 548 shares during the period. Virginia Retirement Systems ET AL lifted its position in shares of One Liberty Properties by 5.3% in the 1st quarter. Virginia Retirement Systems ET AL now owns 11,880 shares of the real estate investment trust’s stock worth $265,000 after purchasing an additional 600 shares during the period. Nomura Asset Management Co. Ltd. lifted its position in shares of One Liberty Properties by 6.1% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 12,992 shares of the real estate investment trust’s stock worth $289,000 after purchasing an additional 749 shares during the period. Finally, UBS Group AG lifted its position in shares of One Liberty Properties by 20.9% in the 1st quarter. UBS Group AG now owns 8,175 shares of the real estate investment trust’s stock worth $182,000 after purchasing an additional 1,412 shares during the period. 44.08% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts recently commented on the stock. Aegis assumed coverage on shares of One Liberty Properties in a report on Monday, June 7th. They set a “buy” rating and a $32.00 price target on the stock. Zacks Investment Research downgraded shares of One Liberty Properties from a “buy” rating to a “hold” rating in a report on Wednesday, July 14th.

About One Liberty Properties

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 consisting primarily of industrial, retail, restaurant, health and fitness and theater properties. Many of these properties are subject to long term net leases under which the tenant is typically responsible for the property's real estate taxes, insurance and ordinary maintenance and repairs.

See Also: Certificate of Deposit (CD)

Insider Buying and Selling by Quarter for One Liberty Properties (NYSE:OLP)

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