One Liberty Properties, Inc. (NYSE:OLP) Shares Sold by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC cut its stake in shares of One Liberty Properties, Inc. (NYSE:OLP) by 45.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,734 shares of the real estate investment trust’s stock after selling 33,590 shares during the period. Exchange Traded Concepts LLC’s holdings in One Liberty Properties were worth $1,110,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Future Financial Wealth Managment LLC purchased a new position in shares of One Liberty Properties during the 3rd quarter worth approximately $83,000. SG Americas Securities LLC acquired a new position in One Liberty Properties during the third quarter worth $160,000. BNP Paribas Financial Markets boosted its position in shares of One Liberty Properties by 80.1% during the third quarter. BNP Paribas Financial Markets now owns 6,300 shares of the real estate investment trust’s stock worth $174,000 after buying an additional 2,801 shares during the period. Nisa Investment Advisors LLC grew its stake in shares of One Liberty Properties by 24.4% in the fourth quarter. Nisa Investment Advisors LLC now owns 7,206 shares of the real estate investment trust’s stock valued at $200,000 after buying an additional 1,415 shares in the last quarter. Finally, HighTower Advisors LLC purchased a new stake in shares of One Liberty Properties in the 3rd quarter valued at $201,000. 36.24% of the stock is currently owned by institutional investors and hedge funds.

One Liberty Properties Price Performance

One Liberty Properties stock opened at $26.05 on Tuesday. 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 firm has a market cap of $557.10 million, a PE ratio of 16.08, a price-to-earnings-growth ratio of 2.97 and a beta of 1.40. The company’s 50 day moving average is $27.58 and its two-hundred day moving average is $27.06.

One Liberty Properties (NYSE:OLP) last released its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $22.21 million during the quarter, compared to analysts’ expectations of $21.89 million. On average, research analysts expect that One Liberty Properties, Inc. will post 1.68 EPS for the current fiscal year.

One Liberty Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 23rd were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.91%. One Liberty Properties’s payout ratio is 111.11%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded 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.