One Liberty Properties (NYSE:OLP - Get Free Report) was downgraded by equities research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued on Thursday.
Separately, B. Riley boosted their target price on One Liberty Properties from $24.00 to $25.00 and gave the stock a "buy" rating in a report on Monday.
Check Out Our Latest Research Report on One Liberty Properties
One Liberty Properties Trading Up 1.6 %
Shares of NYSE:OLP traded up $0.34 during trading on Thursday, reaching $21.75. 59,376 shares of the stock were exchanged, compared to its average volume of 58,186. The company has a debt-to-equity ratio of 1.36, a quick ratio of 2.48 and a current ratio of 2.48. One Liberty Properties has a 12-month low of $17.55 and a 12-month high of $23.43. The firm has a market cap of $462.19 million, a price-to-earnings ratio of 15.71, a price-to-earnings-growth ratio of 2.51 and a beta of 1.32. The firm's 50-day moving average price is $21.59 and its 200 day moving average price is $20.78.
Hedge Funds Weigh In On One Liberty Properties
Several hedge funds and other institutional investors have recently bought and sold shares of OLP. Swiss National Bank lifted its position in One Liberty Properties by 9.1% during the 1st quarter. Swiss National Bank now owns 39,552 shares of the real estate investment trust's stock worth $1,218,000 after acquiring an additional 3,300 shares in the last quarter. Bank of New York Mellon Corp lifted its position in One Liberty Properties by 0.7% during the 1st quarter. Bank of New York Mellon Corp now owns 170,029 shares of the real estate investment trust's stock worth $5,235,000 after acquiring an additional 1,202 shares in the last quarter. US Bancorp DE raised its position in shares of One Liberty Properties by 23.3% in the 1st quarter. US Bancorp DE now owns 2,648 shares of the real estate investment trust's stock valued at $82,000 after purchasing an additional 500 shares in the last quarter. Cetera Advisor Networks LLC acquired a new position in shares of One Liberty Properties in the 1st quarter valued at approximately $258,000. Finally, MetLife Investment Management LLC raised its position in shares of One Liberty Properties by 40.9% in the 1st quarter. MetLife Investment Management LLC now owns 9,135 shares of the real estate investment trust's stock valued at $281,000 after purchasing an additional 2,652 shares in the last quarter. 36.24% of the stock is owned by institutional investors and hedge funds.
One Liberty Properties Company Profile
(
Get Free Report)
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 and retail 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.
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