One Liberty Properties, Inc. (NYSE:OLP) Stock Holdings Lifted by State Street Corp

State Street Corp grew its position in shares of One Liberty Properties, Inc. (NYSE:OLP) by 3.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 488,250 shares of the real estate investment trust’s stock after acquiring an additional 15,770 shares during the period. State Street Corp’s holdings in One Liberty Properties were worth $13,660,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in OLP. HighTower Advisors LLC acquired a new stake in shares of One Liberty Properties in the 3rd quarter valued at $201,000. Martingale Asset Management L P lifted its position in shares of One Liberty Properties by 13.6% in the third quarter. Martingale Asset Management L P now owns 23,116 shares of the real estate investment trust’s stock worth $637,000 after buying an additional 2,770 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of One Liberty Properties by 44.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,604 shares of the real estate investment trust’s stock worth $705,000 after acquiring an additional 7,923 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of One Liberty Properties by 80.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,300 shares of the real estate investment trust’s stock valued at $174,000 after acquiring an additional 2,801 shares during the last quarter. Finally, Penserra Capital Management LLC raised its stake in shares of One Liberty Properties by 23.0% in the 3rd quarter. Penserra Capital Management LLC now owns 42,331 shares of the real estate investment trust’s stock valued at $1,165,000 after acquiring an additional 7,905 shares in the last quarter. 36.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised One Liberty Properties from a “hold” rating to a “buy” rating in a research report on Wednesday, November 20th.

One Liberty Properties Trading Up 1.0 %

Shares of NYSE:OLP opened at $27.01 on Thursday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 2.48 and a current ratio of 2.48. The stock’s 50-day moving average is $28.30 and its 200-day moving average is $26.62. The company has a market cap of $577.66 million, a P/E ratio of 16.67, a P/E/G ratio of 3.44 and a beta of 1.39. One Liberty Properties, Inc. has a 52-week low of $19.25 and a 52-week high of $30.45.

One Liberty Properties (NYSE:OLP) last issued its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.23 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.18). The business had revenue of $22.21 million during the quarter, compared to the consensus estimate of $21.89 million. One Liberty Properties had a return on equity of 11.35% and a net margin of 38.96%.

One Liberty Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Shareholders of record on Monday, December 23rd will be given a $0.45 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.80 annualized dividend and a yield of 6.66%. One Liberty Properties’s dividend payout ratio is 111.11%.

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 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.