One Liberty Properties, Inc. (NYSE:OLP) Short Interest Update

One Liberty Properties, Inc. (NYSE:OLP) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 115,100 shares, a decline of 13.8% from the December 15th total of 133,500 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 52,800 shares, the days-to-cover ratio is presently 2.2 days.

Institutional Investors Weigh In On One Liberty Properties

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Future Financial Wealth Managment LLC acquired a new stake in One Liberty Properties during the 3rd quarter worth about $83,000. SG Americas Securities LLC acquired a new stake in One Liberty Properties during the 3rd quarter worth about $160,000. BNP Paribas Financial Markets grew its position in 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 purchasing an additional 2,801 shares during the period. HighTower Advisors LLC acquired a new stake in One Liberty Properties during the 3rd quarter worth about $201,000. Finally, Franklin Resources Inc. grew its position in 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 worth $268,000 after purchasing an additional 440 shares during the period. 36.24% of the stock is owned by institutional investors and hedge funds.

One Liberty Properties Price Performance

Shares of OLP opened at $26.06 on Friday. The firm has a market capitalization of $557.38 million, a PE ratio of 16.09, a price-to-earnings-growth ratio of 2.94 and a beta of 1.40. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.48 and a quick ratio of 2.48. One Liberty Properties has a 1-year low of $19.25 and a 1-year high of $30.45. The company’s fifty day moving average price is $27.98 and its 200-day moving average price is $26.90.

One Liberty Properties (NYSE:OLP) last announced its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.18). The company had revenue of $22.21 million for the quarter, compared to analysts’ expectations of $21.89 million. One Liberty Properties had a net margin of 38.96% and a return on equity of 11.35%. On average, equities research analysts predict that One Liberty Properties will post 1.68 EPS for the current year.

One Liberty Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 6th. Shareholders 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 6.91%. The ex-dividend date of this dividend was Monday, December 23rd. One Liberty Properties’s dividend payout ratio is currently 111.11%.

Analysts Set New Price Targets

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

One Liberty Properties Company 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.