One Liberty Properties, Inc. (NYSE:OLP) Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. trimmed its holdings in shares of One Liberty Properties, Inc. (NYSE:OLP) by 2.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,305 shares of the real estate investment trust’s stock after selling 431 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.08% of One Liberty Properties worth $444,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Creative Planning increased its position 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 acquiring an additional 411 shares in the last quarter. Franklin Resources Inc. increased its position in One Liberty Properties by 4.6% during the third quarter. Franklin Resources Inc. now owns 9,964 shares of the real estate investment trust’s stock worth $268,000 after buying an additional 440 shares during the last quarter. SG Americas Securities LLC raised its holdings in One Liberty Properties by 10.9% during the fourth quarter. SG Americas Securities LLC now owns 6,431 shares of the real estate investment trust’s stock valued at $175,000 after buying an additional 632 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in shares of One Liberty Properties by 24.4% in the fourth quarter. Nisa Investment Advisors LLC now owns 7,206 shares of the real estate investment trust’s stock worth $200,000 after buying an additional 1,415 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its position in shares of One Liberty Properties by 7.3% in 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 buying an additional 1,561 shares during the last quarter. 36.24% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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 Down 0.9 %

OLP opened at $26.02 on Friday. 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 firm’s fifty day moving average price is $26.60 and its two-hundred day moving average price is $27.06. One Liberty Properties, Inc. has a fifty-two week low of $19.90 and a fifty-two week high of $30.45. The company has a market capitalization of $556.50 million, a P/E ratio of 16.06, a P/E/G ratio of 3.07 and a beta of 1.39.

One Liberty Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 23rd were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.92%. The ex-dividend date was Monday, December 23rd. One Liberty Properties’s dividend payout ratio is 111.11%.

One Liberty Properties Profile

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.