Barclays PLC Raises Stake in One Liberty Properties, Inc. (NYSE:OLP)

Barclays PLC boosted its holdings in One Liberty Properties, Inc. (NYSE:OLP) by 310.8% during the third quarter, Holdings Channel.com reports. The firm owned 24,606 shares of the real estate investment trust’s stock after acquiring an additional 18,616 shares during the quarter. Barclays PLC’s holdings in One Liberty Properties were worth $678,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in OLP. Future Financial Wealth Managment LLC bought a new stake in shares of One Liberty Properties in the 3rd quarter worth approximately $83,000. SG Americas Securities LLC bought a new stake in One Liberty Properties in the third quarter worth $160,000. BNP Paribas Financial Markets boosted its holdings in One Liberty Properties by 80.1% in the third quarter. BNP Paribas Financial Markets now owns 6,300 shares of the real estate investment trust’s stock worth $174,000 after acquiring an additional 2,801 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of One Liberty Properties in the third quarter worth $201,000. Finally, Creative Planning increased its holdings in shares of One Liberty Properties by 4.3% during the third quarter. Creative Planning now owns 9,894 shares of the real estate investment trust’s stock valued at $272,000 after acquiring an additional 411 shares in the last quarter. Institutional investors own 36.24% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of One Liberty Properties from a “hold” rating to a “buy” rating in a research report on Wednesday, November 20th.

One Liberty Properties Price Performance

Shares of OLP opened at $26.06 on Friday. One Liberty Properties, Inc. has a twelve month low of $19.25 and a twelve month high of $30.45. The company has a market capitalization of $557.38 million, a P/E ratio of 16.09, a price-to-earnings-growth ratio of 2.94 and a beta of 1.40. The firm has a 50 day moving average of $27.98 and a 200 day moving average of $26.90. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.40.

One Liberty Properties (NYSE:OLP) last posted its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.18). The business had revenue of $22.21 million during the quarter, compared to the consensus estimate of $21.89 million. One Liberty Properties had a return on equity of 11.35% and a net margin of 38.96%. As a group, equities research analysts anticipate that One Liberty Properties, Inc. will post 1.68 earnings per share for the current fiscal year.

One Liberty Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.91%. The ex-dividend date of this dividend was Monday, December 23rd. One Liberty Properties’s dividend payout ratio is currently 111.11%.

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.