One Liberty Properties, Inc. (NYSE:OLP – Get Free Report) EVP Justin Clair sold 4,500 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $24.06, for a total value of $108,270.00. Following the sale, the executive vice president directly owned 34,153 shares in the company, valued at $821,721.18. This trade represents a 11.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
One Liberty Properties Price Performance
NYSE OLP opened at $24.42 on Thursday. One Liberty Properties, Inc. has a 12-month low of $19.62 and a 12-month high of $25.88. The firm’s fifty day simple moving average is $24.55 and its two-hundred day simple moving average is $23.52. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $534.80 million, a P/E ratio of 15.36 and a beta of 0.87.
One Liberty Properties (NYSE:OLP – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.04. One Liberty Properties had a net margin of 33.51% and a return on equity of 11.52%. The business had revenue of $27.00 million for the quarter, compared to analyst estimates of $26.78 million. Analysts forecast that One Liberty Properties, Inc. will post 1.74 EPS for the current fiscal year.
One Liberty Properties Dividend Announcement
Institutional Trading of One Liberty Properties
Institutional investors have recently made changes to their positions in the company. Jane Street Group LLC boosted its position in shares of One Liberty Properties by 172.5% during the 1st 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 period. Strs Ohio acquired a new stake in One Liberty Properties in the 1st quarter valued at approximately $76,000. Legal & General Group Plc raised its position in One Liberty Properties by 13.9% in the second quarter. Legal & General Group Plc now owns 21,098 shares of the real estate investment trust’s stock valued at $503,000 after purchasing an additional 2,571 shares during the period. Rhumbline Advisers raised its position in One Liberty Properties by 17.4% in the second quarter. Rhumbline Advisers now owns 33,710 shares of the real estate investment trust’s stock valued at $804,000 after purchasing an additional 5,001 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in One Liberty Properties by 6.2% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,051 shares of the real estate investment trust’s stock worth $240,000 after purchasing an additional 585 shares in the last quarter. Hedge funds and other institutional investors own 36.24% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on OLP shares. Zacks Research raised shares of One Liberty Properties from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 15th. B. Riley Financial upped their price objective on shares of One Liberty Properties from $27.50 to $28.50 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Finally, Weiss Ratings raised shares of One Liberty Properties from a “sell (d-)” rating to a “sell (d)” rating in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.50.
Read Our Latest Research Report on OLP
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.
Featured Articles
- Five stocks we like better than One Liberty Properties
- One Platform, Every Ailment: Hinge Health’s Gamble
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
Receive News & Ratings for One Liberty Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for One Liberty Properties and related companies with MarketBeat.com's FREE daily email newsletter.
