One Liberty Properties, Inc. (NYSE:OLP) Shares Acquired by State Street Corp

State Street Corp raised its stake in shares of One Liberty Properties, Inc. (NYSE:OLP) by 3.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 488,250 shares of the real estate investment trust’s stock after buying an additional 15,770 shares during the period. State Street Corp owned approximately 2.28% of One Liberty Properties worth $13,660,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in One Liberty Properties by 44.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,604 shares of the real estate investment trust’s stock worth $705,000 after acquiring an additional 7,923 shares in the last quarter. Penserra Capital Management LLC lifted its stake in 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 valued at $1,165,000 after purchasing an additional 7,905 shares during the last quarter. HighTower Advisors LLC bought a new stake in One Liberty Properties during the third quarter worth approximately $201,000. Bank of New York Mellon Corp increased its holdings in shares of One Liberty Properties by 7.3% in the second 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 buying an additional 6,868 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of One Liberty Properties during the 3rd quarter worth $160,000. 36.24% of the stock is owned by institutional investors and hedge funds.

One Liberty Properties Stock Performance

One Liberty Properties stock opened at $27.01 on Thursday. One Liberty Properties, Inc. has a fifty-two week low of $19.25 and a fifty-two week high of $30.45. The firm’s 50 day simple moving average is $28.30 and its 200-day simple moving average is $26.62. 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 company has a market cap of $577.66 million, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 3.44 and a beta of 1.39.

One Liberty Properties (NYSE:OLP) last announced its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.18). The firm had revenue of $22.21 million for the quarter, compared to analyst estimates of $21.89 million. One Liberty Properties had a net margin of 38.96% and a return on equity of 11.35%.

One Liberty Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Monday, December 23rd will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.66%. The ex-dividend date of this dividend is Monday, December 23rd. One Liberty Properties’s dividend payout ratio (DPR) is 111.11%.

Analyst Upgrades and Downgrades

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

One Liberty Properties Profile

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.