One Liberty Properties (NYSE:OLP) PT Raised to $25.00

One Liberty Properties (NYSE:OLP) had its price objective hoisted by B. Riley from $24.00 to $25.00 in a research note issued to investors on Monday morning, Benzinga reports. B. Riley currently has a buy rating on the real estate investment trust’s stock. B. Riley also issued estimates for One Liberty Properties’ Q1 2024 earnings at $0.41 EPS, Q1 2025 earnings at $0.42 EPS, Q2 2025 earnings at $0.41 EPS, Q3 2025 earnings at $0.43 EPS and Q4 2025 earnings at $0.45 EPS.

Separately, StockNews.com raised One Liberty Properties from a hold rating to a buy rating in a report on Wednesday, April 10th.

One Liberty Properties Stock Up 1.6 %

One Liberty Properties stock opened at $21.75 on Monday. The firm has a market cap of $462.19 million, a price-to-earnings ratio of 15.76, a PEG ratio of 2.51 and a beta of 1.32. The stock has a fifty day simple moving average of $21.62 and a two-hundred day simple moving average of $20.79. One Liberty Properties has a 12 month low of $17.55 and a 12 month high of $23.43. The company has a current ratio of 2.48, a quick ratio of 2.48 and a debt-to-equity ratio of 1.36.

One Liberty Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Wednesday, March 27th were paid a $0.45 dividend. The ex-dividend date was Tuesday, March 26th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.28%. One Liberty Properties’s dividend payout ratio (DPR) is currently 130.44%.

Hedge Funds Weigh In On One Liberty Properties

Institutional investors and hedge funds have recently modified their holdings of the company. New York State Teachers Retirement System purchased a new position in shares of One Liberty Properties in the 3rd quarter worth $27,000. Fortis Group Advisors LLC boosted its stake in shares of One Liberty Properties by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 1,268 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 634 shares during the last quarter. Lazard Asset Management LLC purchased a new position in shares of One Liberty Properties in the 1st quarter worth $29,000. Tower Research Capital LLC TRC boosted its stake in shares of One Liberty Properties by 235.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,694 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 1,189 shares during the last quarter. Finally, Bessemer Group Inc. purchased a new position in shares of One Liberty Properties in the 4th quarter worth $45,000. 36.24% of the stock is currently owned by hedge funds and other institutional investors.

About One Liberty Properties

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.