One Liberty Properties, Inc. (OLP) Shares Bought by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. lifted its stake in One Liberty Properties, Inc. (NYSE:OLP) by 11.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 74,474 shares of the real estate investment trust’s stock after purchasing an additional 7,452 shares during the quarter. Schwab Charles Investment Management Inc. owned about 0.40% of One Liberty Properties worth $1,931,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in OLP. State Street Corp raised its position in shares of One Liberty Properties by 7.5% in the 2nd quarter. State Street Corp now owns 399,794 shares of the real estate investment trust’s stock valued at $9,366,000 after purchasing an additional 28,042 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of One Liberty Properties by 13.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,697 shares of the real estate investment trust’s stock valued at $321,000 after purchasing an additional 1,606 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of One Liberty Properties by 1.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 149,897 shares of the real estate investment trust’s stock valued at $3,651,000 after purchasing an additional 2,611 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of One Liberty Properties in the 3rd quarter valued at approximately $730,000. Finally, Citadel Advisors LLC purchased a new position in shares of One Liberty Properties in the 3rd quarter valued at approximately $338,000. 42.11% of the stock is owned by hedge funds and other institutional investors.

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OLP stock opened at $23.58 on Friday. One Liberty Properties, Inc. has a 1 year low of $21.02 and a 1 year high of $27.70. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.42 and a current ratio of 1.42. The stock has a market cap of $454.86, a P/E ratio of 11.62, a price-to-earnings-growth ratio of 2.03 and a beta of 0.83.

One Liberty Properties (NYSE:OLP) last posted its quarterly earnings results on Tuesday, March 13th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.22. One Liberty Properties had a net margin of 31.81% and a return on equity of 8.20%. The company had revenue of $19.89 million during the quarter, compared to analyst estimates of $19.31 million. equities analysts predict that One Liberty Properties, Inc. will post 1.97 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 6th. Shareholders of record on Tuesday, March 27th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 7.63%. The ex-dividend date of this dividend is Monday, March 26th. One Liberty Properties’s dividend payout ratio is presently 139.53%.

Several brokerages recently commented on OLP. Zacks Investment Research lowered shares of One Liberty Properties from a “hold” rating to a “sell” rating in a research report on Wednesday. B. Riley set a $25.00 price target on shares of One Liberty Properties and gave the stock a “hold” rating in a research report on Friday, March 16th. Finally, TheStreet lowered shares of One Liberty Properties from a “b-” rating to a “c+” rating in a research report on Tuesday, March 13th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $25.70.

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One Liberty Properties Company Profile

One Liberty Properties, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company acquires, owns and manages a geographically diversified portfolio consisting of retail, industrial, flex, and health and fitness properties. As of December 31, 2016, the Company owned 114 properties and participated in joint ventures that own five properties.

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Institutional Ownership by Quarter for One Liberty Properties (NYSE:OLP)

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