Proficio Capital Partners LLC Takes Position in One Liberty Properties, Inc. (NYSE:OLP)

Proficio Capital Partners LLC purchased a new position in shares of One Liberty Properties, Inc. (NYSE:OLP) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 18,305 shares of the real estate investment trust’s stock, valued at approximately $499,000. Proficio Capital Partners LLC owned about 0.09% of One Liberty Properties as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of the company. Barclays PLC raised its stake in One Liberty Properties by 310.8% during the third quarter. Barclays PLC now owns 24,606 shares of the real estate investment trust’s stock valued at $678,000 after buying an additional 18,616 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of One Liberty Properties in the 3rd quarter valued at approximately $201,000. Franklin Resources Inc. raised its position in shares of One Liberty Properties by 4.6% during the 3rd quarter. Franklin Resources Inc. now owns 9,964 shares of the real estate investment trust’s stock valued at $268,000 after acquiring an additional 440 shares in the last quarter. Geode Capital Management LLC lifted its stake in One Liberty Properties by 4.0% during the third quarter. Geode Capital Management LLC now owns 458,454 shares of the real estate investment trust’s stock worth $12,628,000 after purchasing an additional 17,651 shares during the last quarter. Finally, State Street Corp boosted its holdings in One Liberty Properties by 3.3% in the third quarter. State Street Corp now owns 488,250 shares of the real estate investment trust’s stock worth $13,660,000 after purchasing an additional 15,770 shares during the period. 36.24% of the stock is currently owned by institutional investors and hedge funds.

One Liberty Properties Stock Performance

Shares of OLP stock opened at $26.54 on Tuesday. The company has a market cap of $572.83 million, a P/E ratio of 16.38, a PEG ratio of 3.02 and a beta of 1.38. The business has a 50 day moving average of $26.10 and a two-hundred day moving average of $27.17. One Liberty Properties, Inc. has a 52 week low of $21.11 and a 52 week high of $30.45. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.40.

One Liberty Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, March 27th will be given a dividend of $0.45 per share. The ex-dividend date is Thursday, March 27th. This represents a $1.80 dividend on an annualized basis and a yield of 6.78%. One Liberty Properties’s dividend payout ratio is currently 128.57%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of One Liberty Properties from a “hold” rating to a “buy” rating in a report on Saturday, March 15th.

One Liberty Properties Company 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.