One Liberty Properties, Inc. (NYSE:OLP) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC lifted its stake in shares of One Liberty Properties, Inc. (NYSE:OLP) by 4.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 458,454 shares of the real estate investment trust’s stock after buying an additional 17,651 shares during the period. Geode Capital Management LLC’s holdings in One Liberty Properties were worth $12,628,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in OLP. Barclays PLC lifted its stake in shares of One Liberty Properties by 310.8% during the third quarter. Barclays PLC now owns 24,606 shares of the real estate investment trust’s stock worth $678,000 after buying an additional 18,616 shares during the period. State Street Corp lifted its stake in shares of One Liberty Properties by 3.3% during the third quarter. State Street Corp now owns 488,250 shares of the real estate investment trust’s stock worth $13,660,000 after buying an additional 15,770 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of One Liberty Properties by 44.8% during the third 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 buying an additional 7,923 shares during the period. Penserra Capital Management LLC lifted its stake in shares of One Liberty Properties by 23.0% during the third quarter. Penserra Capital Management LLC now owns 42,331 shares of the real estate investment trust’s stock worth $1,165,000 after buying an additional 7,905 shares during the period. Finally, HighTower Advisors LLC purchased a new position in shares of One Liberty Properties during the third quarter worth $201,000. 36.24% of the stock is currently owned by institutional investors and hedge funds.

One Liberty Properties Trading Up 1.0 %

Shares of One Liberty Properties stock opened at $27.07 on Tuesday. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.48 and a quick ratio of 2.48. The firm has a fifty day moving average price of $28.27 and a 200 day moving average price of $26.68. One Liberty Properties, Inc. has a 1 year low of $19.25 and a 1 year high of $30.45. The stock has a market cap of $578.95 million, a PE ratio of 16.71, a price-to-earnings-growth ratio of 3.44 and a beta of 1.39.

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

One Liberty Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Shareholders of record on Monday, December 23rd will be issued a $0.45 dividend. The ex-dividend date is Monday, December 23rd. This represents a $1.80 dividend on an annualized basis and a yield of 6.65%. One Liberty Properties’s payout ratio is 111.11%.

Analyst Ratings Changes

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

One Liberty Properties 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.