One Liberty Properties, Inc. (NYSE:OLP - Get Free Report) COO Lawrence Ricketts sold 2,000 shares of the firm's stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $24.98, for a total value of $49,960.00. Following the completion of the transaction, the chief operating officer now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Lawrence Ricketts also recently made the following trade(s):
- On Wednesday, June 18th, Lawrence Ricketts sold 400 shares of One Liberty Properties stock. The shares were sold at an average price of $25.00, for a total value of $10,000.00.
One Liberty Properties Price Performance
NYSE OLP traded up $0.01 on Wednesday, hitting $25.01. The stock had a trading volume of 69,616 shares, compared to its average volume of 53,957. The firm has a 50-day moving average of $24.27 and a 200-day moving average of $25.74. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.79 and a current ratio of 1.79. One Liberty Properties, Inc. has a 52-week low of $22.32 and a 52-week high of $30.45. The company has a market capitalization of $539.86 million, a price-to-earnings ratio of 18.52, a price-to-earnings-growth ratio of 2.99 and a beta of 1.12.
One Liberty Properties (NYSE:OLP - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.48. The company had revenue of $24.17 million for the quarter, compared to the consensus estimate of $24.59 million. One Liberty Properties had a return on equity of 9.59% and a net margin of 31.96%. Equities analysts expect that One Liberty Properties, Inc. will post 1.68 EPS for the current year.
One Liberty Properties Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Wednesday, June 25th. This represents a $1.80 dividend on an annualized basis and a yield of 7.20%. One Liberty Properties's dividend payout ratio is currently 133.33%.
Analysts Set New Price Targets
Separately, Wall Street Zen downgraded shares of One Liberty Properties from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th.
Read Our Latest Report on One Liberty Properties
Institutional Trading of One Liberty Properties
Several institutional investors and hedge funds have recently modified their holdings of the business. Larson Financial Group LLC lifted its holdings in shares of One Liberty Properties by 127.5% during the 1st quarter. Larson Financial Group LLC now owns 1,060 shares of the real estate investment trust's stock worth $28,000 after acquiring an additional 594 shares during the last quarter. Tower Research Capital LLC TRC raised its position in One Liberty Properties by 215.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,608 shares of the real estate investment trust's stock valued at $44,000 after purchasing an additional 1,098 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in One Liberty Properties by 24.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,956 shares of the real estate investment trust's stock worth $53,000 after purchasing an additional 388 shares during the last quarter. Strs Ohio bought a new stake in One Liberty Properties during the first quarter worth about $76,000. Finally, KLP Kapitalforvaltning AS purchased a new position in shares of One Liberty Properties in the 4th quarter worth about $100,000. Hedge funds and other institutional investors own 36.24% of the company's stock.
One Liberty Properties Company Profile
(
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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