One Liberty Properties, Inc. (NYSE:OLP) SVP Jeffrey Gould Sells 5,813 Shares

One Liberty Properties, Inc. (NYSE:OLP) SVP Jeffrey Gould sold 5,813 shares of the business’s stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $23.45, for a total transaction of $136,314.85. Following the transaction, the senior vice president now owns 373,000 shares in the company, valued at approximately $8,746,850. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Jeffrey Gould also recently made the following trade(s):

• On Tuesday, July 2nd, Jeffrey Gould sold 9,000 shares of One Liberty Properties stock. The stock was sold at an average price of $23.02, for a total value of $207,180.00.

One Liberty Properties Stock Performance

Shares of NYSE:OLP opened at $23.32 on Thursday. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.68 and a quick ratio of 2.68. The business’s fifty day moving average price is $23.52 and its two-hundred day moving average price is $22.29. One Liberty Properties, Inc. has a fifty-two week low of $17.55 and a fifty-two week high of $24.50. The stock has a market capitalization of $491.35 million, a price-to-earnings ratio of 17.15, a price-to-earnings-growth ratio of 2.75 and a beta of 1.37.

One Liberty Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Tuesday, June 25th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 7.72%. The ex-dividend date was Tuesday, June 25th. One Liberty Properties’s payout ratio is 132.35%.

Institutional Investors Weigh In On One Liberty Properties

A number of hedge funds have recently made changes to their positions in the company. Fortis Group Advisors LLC raised its stake in shares of One Liberty Properties by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 1,268 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 634 shares during the last quarter. Future Financial Wealth Managment LLC bought a new position in One Liberty Properties in the 1st quarter valued at $68,000. Tower Research Capital LLC TRC boosted its stake in One Liberty Properties by 847.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,233 shares of the real estate investment trust’s stock worth $93,000 after purchasing an additional 3,786 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in shares of One Liberty Properties by 123.7% during the fourth quarter. Quadrant Capital Group LLC now owns 7,407 shares of the real estate investment trust’s stock worth $162,000 after purchasing an additional 4,096 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of One Liberty Properties by 68.8% in the first quarter. BNP Paribas Financial Markets now owns 7,746 shares of the real estate investment trust’s stock valued at $175,000 after buying an additional 3,157 shares in the last quarter. Institutional investors and hedge funds own 36.24% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on OLP shares. B. Riley lifted their price target on shares of One Liberty Properties from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Monday, April 15th. StockNews.com upgraded shares of One Liberty Properties from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th.

One Liberty Properties Company Profile

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 and retail 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.