Jane Street Group LLC Trims Stock Holdings in One Liberty Properties, Inc. (NYSE:OLP)

Jane Street Group LLC decreased its position in One Liberty Properties, Inc. (NYSE:OLP) by 42.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,659 shares of the real estate investment trust’s stock after selling 6,997 shares during the period. Jane Street Group LLC’s holdings in One Liberty Properties were worth $266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp raised its stake 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 last quarter. HighTower Advisors LLC acquired a new stake in One Liberty Properties during the 3rd quarter worth about $201,000. Martingale Asset Management L P grew its position in One Liberty Properties by 13.6% during the 3rd quarter. Martingale Asset Management L P now owns 23,116 shares of the real estate investment trust’s stock worth $637,000 after purchasing an additional 2,770 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in 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 worth $705,000 after purchasing an additional 7,923 shares during the period. Finally, 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. Hedge funds and other institutional investors own 36.24% of the company’s stock.

One Liberty Properties Price Performance

NYSE:OLP opened at $25.19 on Friday. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.40. One Liberty Properties, Inc. has a 52 week low of $19.25 and a 52 week high of $30.45. The stock’s 50-day moving average price is $28.19 and its 200-day moving average price is $26.82. The stock has a market capitalization of $538.74 million, a PE ratio of 15.55, a price-to-earnings-growth ratio of 3.44 and a beta of 1.40.

One Liberty Properties (NYSE:OLP) last announced its quarterly 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). One Liberty Properties had a net margin of 38.96% and a return on equity of 11.35%. The business had revenue of $22.21 million during the quarter, compared to analysts’ expectations of $21.89 million.

One Liberty Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 23rd were paid a $0.45 dividend. The ex-dividend date was Monday, December 23rd. This represents a $1.80 annualized dividend and a dividend yield of 7.15%. One Liberty Properties’s dividend payout ratio is presently 111.11%.

Analyst Ratings Changes

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

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.