Dupont Capital Management Corp increased its stake in One Liberty Properties, Inc. (NYSE:OLP) by 24.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,067 shares of the real estate investment trust’s stock after acquiring an additional 5,400 shares during the period. Dupont Capital Management Corp owned approximately 0.14% of One Liberty Properties worth $656,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in OLP. Sound Income Strategies LLC raised its stake in One Liberty Properties by 357.1% in the fourth quarter. Sound Income Strategies LLC now owns 1,920 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 1,500 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in One Liberty Properties in the third quarter valued at $132,000. MetLife Investment Advisors LLC raised its stake in One Liberty Properties by 61.9% in the third quarter. MetLife Investment Advisors LLC now owns 10,181 shares of the real estate investment trust’s stock valued at $283,000 after buying an additional 3,891 shares in the last quarter. JPMorgan Chase & Co. raised its stake in One Liberty Properties by 119.3% in the third quarter. JPMorgan Chase & Co. now owns 17,193 shares of the real estate investment trust’s stock valued at $478,000 after buying an additional 9,354 shares in the last quarter. Finally, AQR Capital Management LLC acquired a new stake in One Liberty Properties in the third quarter valued at $479,000. Institutional investors and hedge funds own 42.18% of the company’s stock.
OLP has been the topic of a number of analyst reports. Zacks Investment Research cut One Liberty Properties from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 15th. TheStreet upgraded One Liberty Properties from a “c+” rating to a “b-” rating in a research note on Friday, February 1st.
One Liberty Properties stock opened at $28.06 on Thursday. One Liberty Properties, Inc. has a 1-year low of $21.70 and a 1-year high of $29.44. The company has a debt-to-equity ratio of 1.31, a quick ratio of 2.53 and a current ratio of 2.53. The firm has a market capitalization of $544.61 million, a price-to-earnings ratio of 13.43, a price-to-earnings-growth ratio of 2.35 and a beta of 0.83.
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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.
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