One Liberty Properties (NYSE:OLP) Sees Large Volume Increase – Should You Buy?

Shares of One Liberty Properties, Inc. (NYSE:OLP) saw unusually-strong trading volume on Monday . Approximately 61,713 shares were traded during trading, an increase of 36% from the previous session’s volume of 45,440 shares.The stock last traded at $25.81 and had previously closed at $25.60.

Analyst Upgrades and Downgrades

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

One Liberty Properties Trading Up 1.9 %

The company’s 50 day simple moving average is $26.28 and its two-hundred day simple moving average is $27.09. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.40. The company has a market capitalization of $557.77 million, a price-to-earnings ratio of 16.07, a P/E/G ratio of 3.02 and a beta of 1.39.

One Liberty Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Monday, December 23rd were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 6.90%. The ex-dividend date of this dividend was Monday, December 23rd. One Liberty Properties’s payout ratio is 111.11%.

Institutional Trading of One Liberty Properties

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Creative Planning grew its position in One Liberty Properties by 4.3% during the third quarter. Creative Planning now owns 9,894 shares of the real estate investment trust’s stock valued at $272,000 after buying an additional 411 shares during the period. Asset Management One Co. Ltd. grew its position in shares of One Liberty Properties by 7.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 22,810 shares of the real estate investment trust’s stock valued at $628,000 after acquiring an additional 1,561 shares during the period. Penserra Capital Management LLC increased 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 purchasing an additional 7,905 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in One Liberty Properties by 80.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,300 shares of the real estate investment trust’s stock worth $174,000 after purchasing an additional 2,801 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in One Liberty Properties by 44.8% in 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 purchasing an additional 7,923 shares during the period. Institutional investors and hedge funds own 36.24% of the company’s stock.

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.