One Liberty Properties, Inc. (NYSE:OLP) Sees Significant Drop in Short Interest

One Liberty Properties, Inc. (NYSE:OLP) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 212,544 shares, a decrease of 24.7% from the January 15th total of 282,321 shares. Based on an average trading volume of 77,976 shares, the short-interest ratio is currently 2.7 days. Currently, 1.3% of the company’s shares are short sold. Currently, 1.3% of the company’s shares are short sold. Based on an average trading volume of 77,976 shares, the short-interest ratio is currently 2.7 days.

One Liberty Properties Stock Performance

OLP traded up $0.03 during trading hours on Monday, hitting $22.77. 63,536 shares of the stock were exchanged, compared to its average volume of 74,306. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.92 and a quick ratio of 1.92. The stock has a 50-day simple moving average of $21.19 and a 200-day simple moving average of $21.53. One Liberty Properties has a 12 month low of $19.62 and a 12 month high of $28.35. The stock has a market cap of $492.99 million, a price-to-earnings ratio of 14.79, a price-to-earnings-growth ratio of 2.69 and a beta of 0.98.

One Liberty Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 22nd were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 7.9%. The ex-dividend date was Monday, December 22nd. One Liberty Properties’s dividend payout ratio (DPR) is currently 116.88%.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e)” rating on shares of One Liberty Properties in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Hedge Funds Weigh In On One Liberty Properties

Several institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new stake in One Liberty Properties in the fourth quarter valued at about $1,187,000. Geode Capital Management LLC grew its stake in One Liberty Properties by 11.1% during the second quarter. Geode Capital Management LLC now owns 522,344 shares of the real estate investment trust’s stock worth $12,465,000 after purchasing an additional 52,252 shares during the period. Man Group plc increased its stake in One Liberty Properties by 184.6% in the second quarter. Man Group plc now owns 71,397 shares of the real estate investment trust’s stock valued at $1,704,000 after purchasing an additional 46,308 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of One Liberty Properties during the second quarter worth approximately $803,000. Finally, Jane Street Group LLC raised its stake in shares of One Liberty Properties by 172.5% in the first quarter. Jane Street Group LLC now owns 49,468 shares of the real estate investment trust’s stock worth $1,300,000 after purchasing an additional 31,313 shares during the last quarter. Institutional investors own 36.24% of the company’s stock.

About One Liberty Properties

One Liberty Properties, Inc is a self-administered real estate investment trust (REIT) specializing in the acquisition, ownership and management of net leased commercial properties. The company focuses on single-tenant retail, office and industrial assets that are subject to long-term, triple-net leases, shifting operating responsibilities—such as maintenance, insurance and taxes—to the tenant. One Liberty’s strategy emphasizes creditworthy tenants, lease durations that provide predictable cash flow and geographically diversified holdings.

Since its founding in 1988 and incorporation as a REIT in 1993, One Liberty has assembled a portfolio of more than 130 properties spanning retail convenience centers, quick-service restaurants, automotive service stations, office buildings and light industrial facilities.