One Liberty Properties, Inc. (NYSE:OLP) COO Lawrence Ricketts Sells 5,500 Shares

One Liberty Properties, Inc. (NYSE:OLP) COO Lawrence Ricketts sold 5,500 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $28.43, for a total transaction of $156,365.00. Following the sale, the chief operating officer now directly owns 187,560 shares of the company’s stock, valued at $5,332,330.80. The trade was a 2.85 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

One Liberty Properties Price Performance

Shares of One Liberty Properties stock opened at $25.77 on Friday. The stock has a market cap of $551.18 million, a P/E ratio of 15.91, a P/E/G ratio of 2.94 and a beta of 1.40. The company has a debt-to-equity ratio of 1.40, a quick ratio of 2.48 and a current ratio of 2.48. The stock’s fifty day moving average is $27.92 and its 200 day moving average is $26.92. One Liberty Properties, Inc. has a one year low of $19.25 and a one year high of $30.45.

One Liberty Properties (NYSE:OLP) last posted its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported $0.23 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.18). One Liberty Properties had a return on equity of 11.35% and a net margin of 38.96%. The company had revenue of $22.21 million during the quarter, compared to the consensus estimate of $21.89 million. Sell-side analysts anticipate that One Liberty Properties, Inc. will post 1.68 earnings per share for the current year.

One Liberty Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.99%. The ex-dividend date was Monday, December 23rd. One Liberty Properties’s dividend payout ratio is currently 111.11%.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of OLP. Future Financial Wealth Managment LLC bought a new stake in One Liberty Properties during the 3rd quarter valued at approximately $83,000. SG Americas Securities LLC bought a new stake in shares of One Liberty Properties during the third quarter valued at approximately $160,000. BNP Paribas Financial Markets lifted its holdings in shares of One Liberty Properties by 80.1% in the third quarter. BNP Paribas Financial Markets now owns 6,300 shares of the real estate investment trust’s stock worth $174,000 after buying an additional 2,801 shares in the last quarter. Nisa Investment Advisors LLC boosted its position 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 worth $200,000 after acquiring an additional 1,415 shares during the last quarter. Finally, HighTower Advisors LLC purchased a new position in One Liberty Properties during the third quarter valued at $201,000. Institutional investors own 36.24% of the company’s stock.

About One Liberty Properties

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.