One Liberty Properties, Inc. (NYSE:OLP - Get Free Report) COO Lawrence Ricketts sold 2,000 shares of the business's stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $24.98, for a total transaction of $49,960.00. Following the completion of the transaction, the chief operating officer now directly owns 185,106 shares of the company's stock, valued at approximately $4,623,947.88. This represents a 1.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Lawrence Ricketts also recently made the following trade(s):
- On Wednesday, June 18th, Lawrence Ricketts sold 400 shares of One Liberty Properties stock. The stock was sold at an average price of $25.00, for a total value of $10,000.00.
One Liberty Properties Price Performance
Shares of OLP stock traded down $0.09 during trading hours on Friday, hitting $24.90. 106,456 shares of the company's stock were exchanged, compared to its average volume of 54,010. The company has a market capitalization of $537.59 million, a PE ratio of 18.44, a PEG ratio of 3.00 and a beta of 1.12. One Liberty Properties, Inc. has a 12-month low of $22.32 and a 12-month high of $30.45. The business's 50 day simple moving average is $24.35 and its 200-day simple moving average is $25.64. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 1.55.
One Liberty Properties (NYSE:OLP - Get Free Report) last issued its earnings results on Tuesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, hitting analysts' consensus estimates of $0.48. The company had revenue of $24.17 million for the quarter, compared to analysts' expectations of $24.59 million. One Liberty Properties had a net margin of 31.96% and a return on equity of 9.59%. On average, equities research analysts anticipate that One Liberty Properties, Inc. will post 1.68 earnings per share for the current year.
One Liberty Properties Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 25th will be issued a $0.45 dividend. The ex-dividend date is Wednesday, June 25th. This represents a $1.80 annualized dividend and a dividend yield of 7.23%. One Liberty Properties's dividend payout ratio is currently 133.33%.
Institutional Investors Weigh In On One Liberty Properties
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Northern Trust Corp grew its position in One Liberty Properties by 9.8% during the 4th quarter. Northern Trust Corp now owns 311,166 shares of the real estate investment trust's stock worth $8,476,000 after acquiring an additional 27,746 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of One Liberty Properties by 0.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 247,150 shares of the real estate investment trust's stock valued at $6,732,000 after purchasing an additional 1,171 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of One Liberty Properties by 0.7% during 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 period. Bank of New York Mellon Corp grew its holdings in shares of One Liberty Properties by 3.2% in the fourth quarter. Bank of New York Mellon Corp now owns 89,519 shares of the real estate investment trust's stock worth $2,439,000 after purchasing an additional 2,792 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of One Liberty Properties by 87.2% in the fourth quarter. JPMorgan Chase & Co. now owns 64,840 shares of the real estate investment trust's stock worth $1,766,000 after buying an additional 30,204 shares during the period. Institutional investors own 36.24% of the company's stock.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut One Liberty Properties from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th.
Get Our Latest Analysis on OLP
About One Liberty Properties
(
Get Free Report)
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.
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