Vanguard Group Inc. Cuts Stock Position in One Liberty Properties, Inc. (NYSE:OLP)

Vanguard Group Inc. decreased its holdings in shares of One Liberty Properties, Inc. (NYSE:OLP) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,730,163 shares of the real estate investment trust’s stock after selling 57,975 shares during the quarter. Vanguard Group Inc. owned about 0.08% of One Liberty Properties worth $47,130,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in OLP. Barclays PLC lifted its stake in shares of One Liberty Properties by 310.8% during the third quarter. Barclays PLC now owns 24,606 shares of the real estate investment trust’s stock worth $678,000 after purchasing an additional 18,616 shares in the last quarter. HighTower Advisors LLC acquired a new stake in shares of One Liberty Properties in the third quarter valued at about $201,000. Franklin Resources Inc. raised its holdings in shares of One Liberty Properties by 4.6% during the 3rd quarter. Franklin Resources Inc. now owns 9,964 shares of the real estate investment trust’s stock valued at $268,000 after buying an additional 440 shares during the period. Geode Capital Management LLC lifted its position in One Liberty Properties by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 458,454 shares of the real estate investment trust’s stock worth $12,628,000 after acquiring an additional 17,651 shares in the last quarter. Finally, State Street Corp boosted its holdings in One Liberty Properties by 3.3% in the 3rd quarter. State Street Corp now owns 488,250 shares of the real estate investment trust’s stock worth $13,660,000 after acquiring an additional 15,770 shares during the period. 36.24% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at One Liberty Properties

In related news, EVP Justin Clair sold 3,324 shares of One Liberty Properties stock in a transaction on Friday, April 4th. The shares were 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 owns 35,750 shares in the company, valued at approximately $897,325. The trade was a 8.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 25.40% of the stock is currently owned by company insiders.

One Liberty Properties Stock Performance

Shares of OLP stock opened at $23.65 on Friday. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.48 and a quick ratio of 2.48. The company’s fifty day moving average price is $25.88 and its two-hundred day moving average price is $26.89. The firm has a market capitalization of $510.45 million, a P/E ratio of 14.60, a P/E/G ratio of 3.02 and a beta of 1.11. One Liberty Properties, Inc. has a 12 month low of $21.11 and a 12 month high of $30.45.

One Liberty Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Thursday, March 27th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 7.61%. The ex-dividend date of this dividend was Thursday, March 27th. One Liberty Properties’s dividend payout ratio (DPR) is 128.57%.

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 Saturday, March 15th.

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.