One Liberty Properties, Inc. (NYSE:OLP) Sees Large Drop in Short Interest

One Liberty Properties, Inc. (NYSE:OLP) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 212,544 shares, a drop of 24.7% from the January 15th total of 282,321 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average daily volume of 77,976 shares, the days-to-cover ratio is presently 2.7 days. Based on an average daily volume of 77,976 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.3% of the company’s shares are short sold.

One Liberty Properties Trading Up 0.1%

NYSE:OLP opened at $22.77 on Tuesday. The business’s 50-day moving average is $21.19 and its two-hundred day moving average is $21.53. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.92 and a quick ratio of 1.92. One Liberty Properties has a 12 month low of $19.62 and a 12 month high of $28.35. The firm has a market capitalization of $492.99 million, a PE ratio of 14.79, a price-to-earnings-growth ratio of 2.69 and a beta of 0.98.

One Liberty Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, December 22nd were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $1.80 annualized dividend and a yield of 7.9%. One Liberty Properties’s payout ratio is 116.88%.

Institutional Trading of One Liberty Properties

Large investors have recently bought and sold shares of the company. US Bancorp DE lifted its position in shares of One Liberty Properties by 62.7% during the third quarter. US Bancorp DE now owns 1,271 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 490 shares in the last quarter. Ameritas Investment Partners Inc. grew its holdings in One Liberty Properties by 43.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,874 shares of the real estate investment trust’s stock valued at $45,000 after purchasing an additional 568 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in One Liberty Properties by 6.2% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,051 shares of the real estate investment trust’s stock worth $240,000 after buying an additional 585 shares during the period. Resona Asset Management Co. Ltd. lifted its holdings in One Liberty Properties by 12.2% in the 3rd quarter. Resona Asset Management Co. Ltd. now owns 6,986 shares of the real estate investment trust’s stock worth $154,000 after buying an additional 758 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in One Liberty Properties by 4.3% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 22,020 shares of the real estate investment trust’s stock worth $525,000 after buying an additional 900 shares in the last quarter. Institutional investors and hedge funds own 36.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of One Liberty Properties in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

One Liberty Properties Company Profile

One Liberty Properties, Inc is a self-administered real estate investment trust (REIT) specializing in the acquisition, ownership and management of net leased commercial properties. The company focuses on single-tenant retail, office and industrial assets that are subject to long-term, triple-net leases, shifting operating responsibilities—such as maintenance, insurance and taxes—to the tenant. One Liberty’s strategy emphasizes creditworthy tenants, lease durations that provide predictable cash flow and geographically diversified holdings.

Since its founding in 1988 and incorporation as a REIT in 1993, One Liberty has assembled a portfolio of more than 130 properties spanning retail convenience centers, quick-service restaurants, automotive service stations, office buildings and light industrial facilities.