One Liberty Properties (NYSE:OLP) Stock Rating Lowered by StockNews.com

One Liberty Properties (NYSE:OLP) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Thursday.

Separately, B. Riley increased their target price on One Liberty Properties from $24.00 to $25.00 and gave the company a “buy” rating in a report on Monday, April 15th.

One Liberty Properties Trading Up 1.9 %

NYSE:OLP opened at $22.17 on Thursday. One Liberty Properties has a 12-month low of $17.55 and a 12-month high of $23.43. The firm has a market cap of $471.07 million, a PE ratio of 16.06, a price-to-earnings-growth ratio of 2.52 and a beta of 1.32. The company has a current ratio of 2.48, a quick ratio of 2.48 and a debt-to-equity ratio of 1.36. The stock has a fifty day moving average price of $21.65 and a 200 day moving average price of $20.82.

Institutional Investors Weigh In On One Liberty Properties

Institutional investors and hedge funds have recently bought and sold shares of the stock. Swiss National Bank grew its holdings in shares of One Liberty Properties by 9.1% during the first quarter. Swiss National Bank now owns 39,552 shares of the real estate investment trust’s stock worth $1,218,000 after purchasing an additional 3,300 shares during the last quarter. Bank of New York Mellon Corp grew its stake in One Liberty Properties by 0.7% during the 1st quarter. Bank of New York Mellon Corp now owns 170,029 shares of the real estate investment trust’s stock worth $5,235,000 after buying an additional 1,202 shares during the last quarter. US Bancorp DE increased its position in One Liberty Properties by 23.3% during the first quarter. US Bancorp DE now owns 2,648 shares of the real estate investment trust’s stock worth $82,000 after buying an additional 500 shares during the period. Cetera Advisor Networks LLC acquired a new position in One Liberty Properties during the first quarter worth approximately $258,000. Finally, MetLife Investment Management LLC lifted its stake in One Liberty Properties by 40.9% in the first quarter. MetLife Investment Management LLC now owns 9,135 shares of the real estate investment trust’s stock valued at $281,000 after buying an additional 2,652 shares during the last quarter. 36.24% of the stock is owned by hedge funds and other institutional investors.

About One Liberty Properties

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.