Insider Selling: One Liberty Properties, Inc. (NYSE:OLP) EVP Sells 3,800 Shares of Stock

One Liberty Properties, Inc. (NYSE:OLP) EVP Justin Clair sold 3,800 shares of the stock in a transaction on Monday, June 24th. The shares were sold at an average price of $24.27, for a total value of $92,226.00. Following the sale, the executive vice president now owns 39,249 shares in the company, valued at $952,573.23. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Justin Clair also recently made the following trade(s):

• On Tuesday, May 21st, Justin Clair sold 1,200 shares of One Liberty Properties stock. The shares were sold at an average price of $24.00, for a total value of $28,800.00.

One Liberty Properties Stock Up 0.7 %

OLP stock opened at $22.96 on Friday. The business’s 50-day moving average is $23.42 and its two-hundred day moving average is $22.24. The company has a market cap of $483.77 million, a price-to-earnings ratio of 16.88, a P/E/G ratio of 2.68 and a beta of 1.35. One Liberty Properties, Inc. has a fifty-two week low of $17.55 and a fifty-two week high of $24.50. The company has a debt-to-equity ratio of 1.36, a quick ratio of 2.68 and a current ratio of 2.68.

One Liberty Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Investors of record on Tuesday, June 25th will be given a dividend of $0.45 per share. The ex-dividend date is Tuesday, June 25th. This represents a $1.80 annualized dividend and a yield of 7.84%. One Liberty Properties’s dividend payout ratio (DPR) is 132.35%.

Wall Street Analyst Weigh In

Several research firms have issued reports on OLP. StockNews.com upgraded shares of One Liberty Properties from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. B. Riley raised their target price on shares of One Liberty Properties from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Monday, April 15th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in OLP. Fortis Group Advisors LLC increased its stake in shares of One Liberty Properties by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 1,268 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 634 shares in the last quarter. Future Financial Wealth Managment LLC bought a new stake in One Liberty Properties during the first quarter valued at about $68,000. Tower Research Capital LLC TRC increased its position in One Liberty Properties by 847.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,233 shares of the real estate investment trust’s stock worth $93,000 after buying an additional 3,786 shares in the last quarter. Quadrant Capital Group LLC raised its stake in shares of One Liberty Properties by 123.7% in the fourth quarter. Quadrant Capital Group LLC now owns 7,407 shares of the real estate investment trust’s stock worth $162,000 after buying an additional 4,096 shares during the period. Finally, BNP Paribas Financial Markets lifted its position in shares of One Liberty Properties by 68.8% during the 1st quarter. BNP Paribas Financial Markets now owns 7,746 shares of the real estate investment trust’s stock valued at $175,000 after buying an additional 3,157 shares in the last quarter. 36.24% of the stock is currently owned by institutional investors.

One Liberty Properties Company Profile

One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial and retail properties. Many of these properties are subject to long-term net leases under which the tenant is typically responsible for the property's real estate taxes, insurance and ordinary maintenance and repairs.