One Liberty Properties (NYSE:OLP) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Shares of One Liberty Properties, Inc. (NYSE:OLP) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.32 and traded as high as $29.61. One Liberty Properties shares last traded at $29.25, with a volume of 37,459 shares trading hands.

Analyst Ratings Changes

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

One Liberty Properties Trading Down 1.3 %

The stock’s fifty day moving average price is $28.22 and its two-hundred day moving average price is $26.36. The company has a market capitalization of $617.53 million, a PE ratio of 17.82, a price-to-earnings-growth ratio of 3.47 and a beta of 1.39. 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 (NYSE:OLP) last announced its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.18). The business had revenue of $22.21 million during the quarter, compared to analysts’ expectations of $21.89 million. One Liberty Properties had a return on equity of 11.35% and a net margin of 38.96%.

One Liberty Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Monday, December 23rd will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.23%. The ex-dividend date of this dividend is Monday, December 23rd. One Liberty Properties’s payout ratio is 111.11%.

Hedge Funds Weigh In On One Liberty Properties

A number of institutional investors have recently bought and sold shares of OLP. Barclays PLC boosted its holdings in shares of One Liberty Properties by 310.8% during the 3rd quarter. Barclays PLC now owns 24,606 shares of the real estate investment trust’s stock valued at $678,000 after buying an additional 18,616 shares in the last quarter. 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 valued at $12,628,000 after acquiring an additional 17,651 shares during the period. State Street Corp boosted its stake in One Liberty Properties by 3.3% during the third 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in One Liberty Properties by 44.8% in 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 period. Finally, Penserra Capital Management LLC increased its stake in shares of One Liberty Properties by 23.0% during the third quarter. Penserra Capital Management LLC now owns 42,331 shares of the real estate investment trust’s stock valued at $1,165,000 after purchasing an additional 7,905 shares in the last quarter. 36.24% of the stock is owned by institutional investors.

One Liberty Properties Company Profile

One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial and retail properties. Many of these properties are subject to long-term net leases under which the tenant is typically responsible for the property’s real estate taxes, insurance and ordinary maintenance and repairs.