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

One Liberty Properties, Inc. (NYSE:OLP) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 287,463 shares, a growth of 32.2% from the November 30th total of 217,392 shares. Based on an average trading volume of 104,784 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.8% of the company’s stock are sold short. Currently, 1.8% of the company’s stock are sold short. Based on an average trading volume of 104,784 shares, the days-to-cover ratio is currently 2.7 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. US Bancorp DE grew its holdings in One Liberty Properties by 62.7% during the third quarter. US Bancorp DE now owns 1,271 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 490 shares during the period. Allworth Financial LP boosted its position in One Liberty Properties by 1,440.5% during the second quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 1,138 shares during the period. Ameritas Advisory Services LLC purchased a new position in shares of One Liberty Properties in the second quarter valued at about $31,000. Ameritas Investment Partners Inc. raised its holdings in shares of One Liberty Properties by 43.5% during the second quarter. Ameritas Investment Partners Inc. now owns 1,874 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 568 shares in the last quarter. Finally, Versant Capital Management Inc boosted its position in One Liberty Properties by 635.9% during the 3rd quarter. Versant Capital Management Inc now owns 2,627 shares of the real estate investment trust’s stock valued at $58,000 after acquiring an additional 2,270 shares in the last quarter. Institutional investors own 36.24% of the company’s stock.

One Liberty Properties Stock Performance

One Liberty Properties stock traded up $0.03 on Tuesday, hitting $20.33. The company’s stock had a trading volume of 105,726 shares, compared to its average volume of 102,910. The company has a fifty day moving average price of $20.53 and a 200-day moving average price of $22.12. One Liberty Properties has a one year low of $19.62 and a one year high of $28.35. The firm has a market cap of $440.14 million, a P/E ratio of 13.20, a price-to-earnings-growth ratio of 2.49 and a beta of 1.00. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 1.50.

One Liberty Properties (NYSE:OLP) last released its earnings results on Thursday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, hitting analysts’ consensus estimates of $0.48. One Liberty Properties had a net margin of 34.87% and a return on equity of 10.99%. The firm had revenue of $23.77 million during the quarter, compared to analyst estimates of $24.18 million. On average, equities analysts anticipate that One Liberty Properties will post 1.68 earnings per share for the current year.

One Liberty Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Investors of record on Monday, December 22nd will be given a dividend of $0.45 per share. The ex-dividend date is Monday, December 22nd. This represents a $1.80 dividend on an annualized basis and a yield of 8.9%. One Liberty Properties’s payout ratio is currently 116.88%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e)” rating on shares of One Liberty Properties in a research report on Monday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

About One Liberty Properties

One Liberty Properties, Inc is a self-administered real estate investment trust (REIT) specializing in the acquisition, ownership and management of net leased commercial properties. The company focuses on single-tenant retail, office and industrial assets that are subject to long-term, triple-net leases, shifting operating responsibilities—such as maintenance, insurance and taxes—to the tenant. One Liberty’s strategy emphasizes creditworthy tenants, lease durations that provide predictable cash flow and geographically diversified holdings.

Since its founding in 1988 and incorporation as a REIT in 1993, One Liberty has assembled a portfolio of more than 130 properties spanning retail convenience centers, quick-service restaurants, automotive service stations, office buildings and light industrial facilities.