KLP Kapitalforvaltning AS Invests $100,000 in One Liberty Properties, Inc. (NYSE:OLP)

KLP Kapitalforvaltning AS bought a new stake in One Liberty Properties, Inc. (NYSE:OLP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,629 shares of the real estate investment trust’s stock, valued at approximately $100,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. BNP Paribas Financial Markets boosted its position in shares of One Liberty Properties by 80.1% during the 3rd 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in One Liberty Properties by 44.8% during the third 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 worth $705,000 after purchasing an additional 7,923 shares during the last quarter. HighTower Advisors LLC acquired a new position in One Liberty Properties in the third quarter valued at approximately $201,000. State Street Corp increased its stake in 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 valued at $13,660,000 after purchasing an additional 15,770 shares during the last quarter. Finally, Barclays PLC increased its stake in One Liberty Properties by 310.8% in the third 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 during the last quarter. 36.24% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Justin Clair sold 3,324 shares of the stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $25.10, for a total value of $83,432.40. Following the completion of the sale, the executive vice president now directly owns 35,750 shares of the company’s stock, valued at approximately $897,325. This represents a 8.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 25.40% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of One Liberty Properties from a “hold” rating to a “buy” rating in a report on Saturday, March 15th.

One Liberty Properties Stock Performance

Shares of OLP stock opened at $23.42 on Friday. The stock’s 50-day moving average is $25.92 and its two-hundred day moving average is $26.91. The company has a debt-to-equity ratio of 1.40, a quick ratio of 2.48 and a current ratio of 2.48. One Liberty Properties, Inc. has a 1 year low of $21.11 and a 1 year high of $30.45. The firm has a market cap of $505.46 million, a price-to-earnings ratio of 14.45, a PEG ratio of 3.02 and a beta of 1.11.

One Liberty Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Thursday, March 27th were paid a dividend of $0.45 per share. The ex-dividend date was Thursday, March 27th. This represents a $1.80 dividend on an annualized basis and a yield of 7.69%. One Liberty Properties’s dividend payout ratio is presently 128.57%.

One Liberty Properties 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.