UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 7,923 Shares of One Liberty Properties, Inc. (NYSE:OLP)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of One Liberty Properties, Inc. (NYSE:OLP) by 44.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,604 shares of the real estate investment trust’s stock after acquiring an additional 7,923 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.12% of One Liberty Properties worth $705,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Penserra Capital Management LLC increased its position in shares of One Liberty Properties by 23.0% during the third quarter. Penserra Capital Management LLC now owns 42,331 shares of the real estate investment trust’s stock worth $1,165,000 after acquiring an additional 7,905 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in One Liberty Properties by 7.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 101,096 shares of the real estate investment trust’s stock valued at $2,374,000 after purchasing an additional 6,868 shares during the last quarter. SG Americas Securities LLC bought a new stake in One Liberty Properties during the 3rd quarter worth approximately $160,000. Dimensional Fund Advisors LP raised its stake in shares of One Liberty Properties by 1.3% in the second quarter. Dimensional Fund Advisors LP now owns 243,319 shares of the real estate investment trust’s stock worth $5,713,000 after purchasing an additional 3,134 shares during the last quarter. Finally, Future Financial Wealth Managment LLC bought a new position in shares of One Liberty Properties in the third quarter valued at approximately $83,000. 36.24% of the stock is owned by institutional investors.

One Liberty Properties Price Performance

Shares of NYSE OLP opened at $27.38 on Friday. The company has a market capitalization of $585.58 million, a PE ratio of 16.90, a PEG ratio of 3.44 and a beta of 1.39. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.40. The stock’s 50 day moving average price is $28.31 and its 200-day moving average price is $26.49. One Liberty Properties, Inc. has a twelve month low of $19.25 and a twelve month 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 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.18). The business had revenue of $22.21 million during the quarter, compared to analysts’ expectations of $21.89 million. One Liberty Properties had a return on equity of 11.35% and a net margin of 38.96%.

One Liberty Properties Announces Dividend

The firm also recently announced 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 6.57%. One Liberty Properties’s dividend payout ratio is presently 111.11%.

Analysts Set New Price Targets

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

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.