BNP Paribas Financial Markets Boosts Stock Position in One Liberty Properties, Inc. (NYSE:OLP)

BNP Paribas Financial Markets grew its holdings in shares of One Liberty Properties, Inc. (NYSE:OLP) by 80.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,300 shares of the real estate investment trust’s stock after buying an additional 2,801 shares during the period. BNP Paribas Financial Markets’ holdings in One Liberty Properties were worth $174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Creative Planning grew its position in shares of One Liberty Properties by 4.3% in the 3rd quarter. Creative Planning now owns 9,894 shares of the real estate investment trust’s stock valued at $272,000 after buying an additional 411 shares during the last quarter. Rhumbline Advisers boosted its stake in One Liberty Properties by 2.5% in the second quarter. Rhumbline Advisers now owns 30,704 shares of the real estate investment trust’s stock valued at $721,000 after acquiring an additional 751 shares in the last quarter. Asset Management One Co. Ltd. grew its holdings in shares of One Liberty Properties by 7.3% during the third quarter. Asset Management One Co. Ltd. now owns 22,810 shares of the real estate investment trust’s stock worth $628,000 after purchasing an additional 1,561 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of One Liberty Properties during the third quarter worth about $83,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of One Liberty Properties by 1.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 243,319 shares of the real estate investment trust’s stock valued at $5,713,000 after purchasing an additional 3,134 shares during the last quarter. 36.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

One Liberty Properties Stock Performance

Shares of One Liberty Properties stock opened at $28.77 on Wednesday. The firm’s fifty day simple moving average is $28.26 and its 200-day simple moving average is $26.45. One Liberty Properties, Inc. has a 12 month low of $19.25 and a 12 month high of $30.45. The stock has a market capitalization of $615.30 million, a price-to-earnings ratio of 17.76, a PEG ratio of 3.44 and a beta of 1.39. 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 (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 analysts’ consensus estimates of $0.41 by ($0.18). One Liberty Properties had a net margin of 38.96% and a return on equity of 11.35%. The business had revenue of $22.21 million during the quarter, compared to analyst estimates of $21.89 million.

One Liberty Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Shareholders of record on Monday, December 23rd will be given a dividend of $0.45 per share. The ex-dividend date is Monday, December 23rd. This represents a $1.80 dividend on an annualized basis and a yield of 6.26%. One Liberty Properties’s payout ratio is 111.11%.

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.