Weiss Ratings Reiterates Sell (E-) Rating for One Liberty Properties (NYSE:OLP)

One Liberty Properties (NYSE:OLP)‘s stock had its “sell (e-)” rating reissued by investment analysts at Weiss Ratings in a research note issued on Tuesday,Weiss Ratings reports.

One Liberty Properties Price Performance

Shares of NYSE:OLP opened at $20.77 on Tuesday. The firm has a 50 day moving average of $22.57 and a 200-day moving average of $23.58. The stock has a market capitalization of $448.52 million, a PE ratio of 16.10, a PEG ratio of 2.51 and a beta of 1.06. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.50. One Liberty Properties has a 12 month low of $20.31 and a 12 month high of $30.45.

One Liberty Properties (NYSE:OLP) last issued its earnings results on Tuesday, August 5th. The real estate investment trust reported $0.49 EPS for the quarter, meeting the consensus estimate of $0.49. The company had revenue of $24.55 million during the quarter, compared to analysts’ expectations of $25.00 million. One Liberty Properties had a net margin of 29.85% and a return on equity of 9.26%. On average, equities research analysts predict that One Liberty Properties will post 1.68 EPS for the current fiscal year.

Institutional Investors Weigh In On One Liberty Properties

Several hedge funds and other institutional investors have recently made changes to their positions in OLP. Geode Capital Management LLC grew its holdings in shares of One Liberty Properties by 11.1% during the 2nd quarter. Geode Capital Management LLC now owns 522,344 shares of the real estate investment trust’s stock valued at $12,465,000 after purchasing an additional 52,252 shares during the last quarter. Nuveen LLC bought a new stake in shares of One Liberty Properties during the 1st quarter valued at approximately $1,303,000. Man Group plc grew its holdings in shares of One Liberty Properties by 184.6% during the 2nd quarter. Man Group plc now owns 71,397 shares of the real estate investment trust’s stock valued at $1,704,000 after purchasing an additional 46,308 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of One Liberty Properties during the 2nd quarter valued at approximately $803,000. Finally, Jane Street Group LLC grew its holdings in shares of One Liberty Properties by 172.5% during the 1st quarter. Jane Street Group LLC now owns 49,468 shares of the real estate investment trust’s stock valued at $1,300,000 after purchasing an additional 31,313 shares during the last quarter. 36.24% of the stock is owned by institutional investors.

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.