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

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

Institutional Trading of One Liberty Properties

Several hedge funds and other institutional investors have recently modified their holdings of the stock. US Bancorp DE raised its holdings in One Liberty Properties by 62.7% in the 3rd quarter. US Bancorp DE now owns 1,271 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 490 shares during the period. Allworth Financial LP grew its position in shares of One Liberty Properties by 1,440.5% in the second quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,138 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of One Liberty Properties by 241.7% during the fourth quarter. GAMMA Investing LLC now owns 1,951 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 1,380 shares during the period. Ameritas Investment Partners Inc. lifted its holdings in One Liberty Properties by 43.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,874 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 568 shares during the last quarter. Finally, Camelot Portfolios LLC acquired a new stake in One Liberty Properties during the 4th quarter worth approximately $51,000. Institutional investors own 36.24% of the company’s stock.

Analyst Ratings Changes

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

One Liberty Properties Stock Performance

Shares of OLP stock traded up $0.03 during trading on Friday, reaching $22.77. 63,536 shares of the company’s stock were exchanged, compared to its average volume of 75,217. One Liberty Properties has a twelve month low of $19.62 and a twelve month high of $28.35. The firm’s fifty day moving average price is $21.15 and its 200-day moving average price is $21.53. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $492.99 million, a PE ratio of 14.79, a PEG ratio of 2.69 and a beta of 0.98.

One Liberty Properties Dividend Announcement

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

One Liberty Properties Company Profile

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.