VIRGINIA RETIREMENT SYSTEMS ET Al Takes $803,000 Position in One Liberty Properties, Inc. $OLP

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of One Liberty Properties, Inc. (NYSE:OLP) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 33,642 shares of the real estate investment trust’s stock, valued at approximately $803,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.16% of One Liberty Properties at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. 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 valued at $28,000 after buying an additional 594 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in One Liberty Properties in the 2nd quarter worth approximately $31,000. Strs Ohio acquired a new stake in One Liberty Properties in the 1st quarter worth approximately $76,000. PNC Financial Services Group Inc. lifted its holdings in One Liberty Properties by 63.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,191 shares of the real estate investment trust’s stock worth $84,000 after purchasing an additional 1,235 shares during the last quarter. Finally, New Age Alpha Advisors LLC acquired a new stake in One Liberty Properties in the 1st quarter worth approximately $97,000. 36.24% of the stock is currently owned by institutional investors and hedge funds.

One Liberty Properties Stock Performance

Shares of NYSE OLP opened at $20.67 on Friday. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.50. The business’s 50 day moving average is $22.27 and its two-hundred day moving average is $23.36. The company has a market cap of $446.43 million, a P/E ratio of 16.02, a P/E/G ratio of 2.49 and a beta of 1.06. One Liberty Properties, Inc. has a 12 month low of $20.31 and a 12 month high of $30.45.

One Liberty Properties (NYSE:OLP) last issued its quarterly earnings results on Tuesday, August 5th. The real estate investment trust reported $0.49 EPS for the quarter, hitting the consensus estimate of $0.49. The company had revenue of $24.55 million for the quarter, compared to the consensus estimate of $25.00 million. One Liberty Properties had a return on equity of 9.26% and a net margin of 29.85%. On average, 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 declared a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, September 24th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend was Wednesday, September 24th. One Liberty Properties’s payout ratio is currently 139.53%.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e-)” rating on shares of One Liberty Properties in a report on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

One Liberty Properties Company Profile

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.