Insider Selling: One Liberty Properties, Inc. (NYSE:OLP) COO Sells $156,365.00 in Stock

One Liberty Properties, Inc. (NYSE:OLP) COO Lawrence Ricketts sold 5,500 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $28.43, for a total value of $156,365.00. Following the sale, the chief operating officer now owns 187,560 shares of the company’s stock, valued at $5,332,330.80. The trade was a 2.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

One Liberty Properties Price Performance

Shares of NYSE:OLP opened at $25.77 on Friday. The firm has a market cap of $551.18 million, a price-to-earnings ratio of 15.91, a P/E/G ratio of 2.94 and a beta of 1.40. One Liberty Properties, Inc. has a 1 year low of $19.25 and a 1 year high of $30.45. The company has a current ratio of 2.48, a quick ratio of 2.48 and a debt-to-equity ratio of 1.40. The business has a fifty day simple moving average of $27.92 and a 200 day simple moving average of $26.94.

One Liberty Properties (NYSE:OLP) last issued its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.18). The firm had revenue of $22.21 million during the quarter, compared to analyst estimates 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, sell-side analysts predict that One Liberty Properties, Inc. will post 1.68 earnings per share for the current fiscal year.

One Liberty Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 23rd were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.99%. The ex-dividend date of this dividend was Monday, December 23rd. One Liberty Properties’s payout ratio is presently 111.11%.

Analyst Ratings Changes

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

Institutional Trading of One Liberty Properties

Institutional investors have recently added to or reduced their stakes in the business. Barclays PLC raised its holdings in shares of One Liberty Properties by 310.8% during the 3rd quarter. Barclays PLC now owns 24,606 shares of the real estate investment trust’s stock valued at $678,000 after purchasing an additional 18,616 shares in the last quarter. Geode Capital Management LLC raised its holdings in One Liberty Properties by 4.0% during the third quarter. Geode Capital Management LLC now owns 458,454 shares of the real estate investment trust’s stock valued at $12,628,000 after buying an additional 17,651 shares in the last quarter. State Street Corp lifted its position in shares of One Liberty Properties by 3.3% in the third quarter. State Street Corp now owns 488,250 shares of the real estate investment trust’s stock worth $13,660,000 after buying an additional 15,770 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of One Liberty Properties by 44.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,604 shares of the real estate investment trust’s stock valued at $705,000 after acquiring an additional 7,923 shares during the last quarter. Finally, Penserra Capital Management LLC raised its stake in shares of One Liberty Properties by 23.0% in the 3rd quarter. Penserra Capital Management LLC now owns 42,331 shares of the real estate investment trust’s stock valued at $1,165,000 after acquiring an additional 7,905 shares in the last quarter. 36.24% of the stock is currently owned by institutional investors and hedge funds.

About One Liberty Properties

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.