Insider Selling: One Liberty Properties, Inc. (NYSE:OLP) COO Sells 5,500 Shares of Stock

One Liberty Properties, Inc. (NYSE:OLP) COO Lawrence Ricketts sold 5,500 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $28.43, for a total value of $156,365.00. Following the completion of the sale, the chief operating officer now directly owns 187,560 shares in the company, valued at approximately $5,332,330.80. This represents a 2.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

One Liberty Properties Price Performance

NYSE:OLP opened at $25.77 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. One Liberty Properties, Inc. has a one year low of $19.25 and a one year high of $30.45. The company has a fifty day moving average price of $27.92 and a 200 day moving average price of $26.94. The stock has a market cap of $551.18 million, a P/E ratio of 15.91, a PEG ratio of 2.94 and a beta of 1.40.

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 for the quarter, missing the consensus estimate of $0.41 by ($0.18). The company had revenue of $22.21 million during the quarter, compared to the consensus estimate of $21.89 million. One Liberty Properties had a net margin of 38.96% and a return on equity of 11.35%. Analysts anticipate that One Liberty Properties, Inc. will post 1.68 earnings per share for the current 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 $0.45 dividend. The ex-dividend date was Monday, December 23rd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.99%. One Liberty Properties’s payout ratio is 111.11%.

Institutional Investors Weigh In On One Liberty Properties

A number of institutional investors have recently bought and sold shares of the business. Future Financial Wealth Managment LLC bought a new position in shares of One Liberty Properties during the 3rd quarter worth about $83,000. SG Americas Securities LLC bought a new position in shares of One Liberty Properties during the 3rd quarter worth approximately $160,000. BNP Paribas Financial Markets raised its stake in 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 acquiring an additional 2,801 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of One Liberty Properties by 24.4% during 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 acquiring an additional 1,415 shares during the period. Finally, HighTower Advisors LLC acquired a new stake in shares of One Liberty Properties in the 3rd quarter valued at $201,000. Institutional investors and hedge funds own 36.24% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised 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.