Short Interest in One Liberty Properties, Inc. (NYSE:OLP) Expands By 48.0%

One Liberty Properties, Inc. (NYSE:OLP) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 224,100 shares, an increase of 48.0% from the September 15th total of 151,400 shares. Approximately 1.5% of the company’s shares are sold short. Based on an average trading volume of 66,700 shares, the short-interest ratio is presently 3.4 days. Based on an average trading volume of 66,700 shares, the short-interest ratio is presently 3.4 days. Approximately 1.5% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e-)” rating on shares of One Liberty Properties in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, One Liberty Properties presently has an average rating of “Sell”.

Hedge Funds Weigh In On One Liberty Properties

A number of institutional investors have recently bought and sold shares of OLP. Larson Financial Group LLC raised its stake in One Liberty Properties by 127.5% in the first quarter. Larson Financial Group LLC now owns 1,060 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 594 shares in the last quarter. Allworth Financial LP increased its stake in shares of One Liberty Properties by 1,440.5% during the second quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,138 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in shares of One Liberty Properties during the second quarter valued at approximately $31,000. Ameritas Investment Partners Inc. increased its stake in shares of One Liberty Properties by 43.5% during the second 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. Finally, Strs Ohio bought a new position in shares of One Liberty Properties during the first quarter valued at approximately $76,000. 36.24% of the stock is owned by institutional investors.

One Liberty Properties Price Performance

OLP stock opened at $20.83 on Thursday. One Liberty Properties has a 1 year low of $20.31 and a 1 year high of $30.45. The company has a market cap of $449.82 million, a P/E ratio of 16.14, a PEG ratio of 2.50 and a beta of 1.06. The firm has a 50-day moving average of $22.36 and a 200 day moving average of $23.40. The company has a debt-to-equity ratio of 1.50, a current ratio of 2.07 and a quick ratio of 2.07.

One Liberty Properties (NYSE:OLP) last released its quarterly earnings results on Tuesday, August 5th. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.49. One Liberty Properties had a net margin of 29.85% and a return on equity of 9.26%. The company had revenue of $24.55 million during the quarter, compared to the consensus estimate of $25.00 million. On average, sell-side analysts forecast that One Liberty Properties will post 1.68 EPS for the current year.

One Liberty Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, September 24th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 8.6%. The ex-dividend date of this dividend was Wednesday, September 24th. One Liberty Properties’s dividend payout ratio is presently 139.53%.

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.