Barclays PLC Raises Stake in One Liberty Properties, Inc. (NYSE:OLP)

Barclays PLC grew its holdings in shares of One Liberty Properties, Inc. (NYSE:OLP) by 310.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,606 shares of the real estate investment trust’s stock after acquiring an additional 18,616 shares during the quarter. Barclays PLC owned 0.12% of One Liberty Properties worth $678,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Future Financial Wealth Managment LLC purchased a new stake in shares of One Liberty Properties during the third quarter valued at approximately $83,000. SG Americas Securities LLC purchased a new position in shares of One Liberty Properties in the third quarter valued at about $160,000. BNP Paribas Financial Markets raised its stake in shares of One Liberty Properties by 80.1% during the third quarter. BNP Paribas Financial Markets now owns 6,300 shares of the real estate investment trust’s stock valued at $174,000 after acquiring an additional 2,801 shares during the last quarter. HighTower Advisors LLC purchased a new stake in shares of One Liberty Properties during the third quarter worth about $201,000. Finally, Creative Planning grew its stake in shares of One Liberty Properties by 4.3% in the third quarter. Creative Planning now owns 9,894 shares of the real estate investment trust’s stock worth $272,000 after purchasing an additional 411 shares during the last quarter. 36.24% of the stock is currently owned by institutional investors.

One Liberty Properties Stock Up 1.3 %

Shares of NYSE OLP opened at $26.06 on Friday. The firm has a fifty day simple moving average of $27.98 and a two-hundred day simple moving average of $26.90. One Liberty Properties, Inc. has a 12 month low of $19.25 and a 12 month high of $30.45. The company has a current ratio of 2.48, a quick ratio of 2.48 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of $557.38 million, a PE ratio of 16.09, a price-to-earnings-growth ratio of 2.94 and a beta of 1.40.

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

One Liberty Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 23rd were given a dividend of $0.45 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.80 annualized dividend and a dividend yield of 6.91%. One Liberty Properties’s dividend payout ratio is presently 111.11%.

Wall Street Analyst Weigh In

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

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.