Insider Selling: One Liberty Properties, Inc. (OLP) VP Sells 2,000 Shares of Stock

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One Liberty Properties, Inc. (NYSE:OLP) VP Justin Clair sold 2,000 shares of One Liberty Properties stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $29.50, for a total transaction of $59,000.00. Following the sale, the vice president now directly owns 34,886 shares of the company’s stock, valued at $1,029,137. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of One Liberty Properties stock traded up $0.11 during trading on Thursday, hitting $29.67. 77,493 shares of the stock were exchanged, compared to its average volume of 40,327. The stock has a market cap of $574.26 million, a P/E ratio of 13.93 and a beta of 0.84. One Liberty Properties, Inc. has a 12-month low of $21.94 and a 12-month high of $29.94. The company has a current ratio of 1.92, a quick ratio of 2.53 and a debt-to-equity ratio of 1.50.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 5th. Stockholders of record on Tuesday, March 26th will be given a dividend of $0.45 per share. The ex-dividend date is Monday, March 25th. This represents a $1.80 annualized dividend and a dividend yield of 6.07%. One Liberty Properties’s dividend payout ratio (DPR) is currently 84.51%.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Great West Life Assurance Co. Can lifted its position in One Liberty Properties by 15.9% in the fourth quarter. Great West Life Assurance Co. Can now owns 3,639 shares of the real estate investment trust’s stock valued at $84,000 after acquiring an additional 499 shares during the last quarter. Legal & General Group Plc lifted its position in One Liberty Properties by 22.1% in the fourth quarter. Legal & General Group Plc now owns 2,788 shares of the real estate investment trust’s stock valued at $67,000 after acquiring an additional 505 shares during the last quarter. Bank of America Corp DE lifted its position in One Liberty Properties by 0.6% in the fourth quarter. Bank of America Corp DE now owns 92,525 shares of the real estate investment trust’s stock valued at $2,241,000 after acquiring an additional 524 shares during the last quarter. Martingale Asset Management L P lifted its position in One Liberty Properties by 0.4% in the fourth quarter. Martingale Asset Management L P now owns 135,050 shares of the real estate investment trust’s stock valued at $3,271,000 after acquiring an additional 600 shares during the last quarter. Finally, Camelot Portfolios LLC lifted its position in One Liberty Properties by 6.9% in the fourth quarter. Camelot Portfolios LLC now owns 15,500 shares of the real estate investment trust’s stock valued at $375,000 after acquiring an additional 1,000 shares during the last quarter. 41.42% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently issued reports on OLP shares. TheStreet raised shares of One Liberty Properties from a “c+” rating to a “b-” rating in a research report on Friday, February 1st. ValuEngine raised shares of One Liberty Properties from a “hold” rating to a “buy” rating in a research report on Friday, March 1st. Finally, Zacks Investment Research cut shares of One Liberty Properties from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 15th.

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About One Liberty Properties

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, retail, restaurant, health and fitness and theater 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.

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Insider Buying and Selling by Quarter for One Liberty Properties (NYSE:OLP)

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