One Liberty Properties (NYSE:OLP) Sees Large Volume Increase – What’s Next?

One Liberty Properties, Inc. (NYSE:OLP) saw strong trading volume on Monday . 61,713 shares changed hands during trading, an increase of 36% from the previous session’s volume of 45,440 shares.The stock last traded at $25.81 and had previously closed at $25.60.

Analyst Upgrades and Downgrades

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

One Liberty Properties Trading Down 0.5 %

The company has a debt-to-equity ratio of 1.40, a current ratio of 2.48 and a quick ratio of 2.48. The firm has a market cap of $560.66 million, a PE ratio of 16.18, a price-to-earnings-growth ratio of 3.02 and a beta of 1.39. The company’s 50 day moving average price is $26.18 and its 200 day moving average price is $27.11.

One Liberty Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 23rd were given a $0.45 dividend. The ex-dividend date was Monday, December 23rd. This represents a $1.80 annualized dividend and a yield of 6.87%. One Liberty Properties’s dividend payout ratio is presently 111.11%.

Institutional Trading of One Liberty Properties

A number of large investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. raised its position in One Liberty Properties by 24.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,956 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 388 shares in the last quarter. Martingale Asset Management L P lifted its stake in One Liberty Properties by 1.7% in the fourth quarter. Martingale Asset Management L P now owns 23,516 shares of the real estate investment trust’s stock worth $641,000 after acquiring an additional 400 shares during the last quarter. Creative Planning lifted its stake in One Liberty Properties by 4.3% in the third quarter. Creative Planning now owns 9,894 shares of the real estate investment trust’s stock worth $272,000 after acquiring an additional 411 shares during the last quarter. Franklin Resources Inc. grew its holdings in One Liberty Properties by 4.6% during the 3rd quarter. Franklin Resources Inc. now owns 9,964 shares of the real estate investment trust’s stock worth $268,000 after acquiring an additional 440 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of One Liberty Properties by 10.9% in the 4th quarter. SG Americas Securities LLC now owns 6,431 shares of the real estate investment trust’s stock valued at $175,000 after purchasing an additional 632 shares in the last quarter. Hedge funds and other institutional investors own 36.24% of the company’s stock.

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.