One Liberty Properties, Inc. (NYSE:OLP) EVP Sells $92,226.00 in Stock

One Liberty Properties, Inc. (NYSE:OLP) EVP Justin Clair sold 3,800 shares of the stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $24.27, for a total value of $92,226.00. Following the transaction, the executive vice president now directly owns 39,249 shares of the company’s stock, valued at $952,573.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Justin Clair also recently made the following trade(s):

• On Tuesday, May 21st, Justin Clair sold 1,200 shares of One Liberty Properties stock. The shares were sold at an average price of $24.00, for a total transaction of $28,800.00.

One Liberty Properties Price Performance

Shares of OLP opened at $22.96 on Friday. The company’s 50-day moving average is $23.42 and its 200-day moving average is $22.24. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.68 and a quick ratio of 2.68. The firm has a market capitalization of $483.77 million, a PE ratio of 16.88, a PEG ratio of 2.68 and a beta of 1.35. One Liberty Properties, Inc. has a fifty-two week low of $17.55 and a fifty-two week high of $24.50.

One Liberty Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Investors of record on Tuesday, June 25th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, June 25th. This represents a $1.80 annualized dividend and a yield of 7.84%. One Liberty Properties’s dividend payout ratio (DPR) is presently 132.35%.

Institutional Trading of One Liberty Properties

Institutional investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD boosted its stake in shares of One Liberty Properties by 5.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,077 shares of the real estate investment trust’s stock valued at $251,000 after buying an additional 580 shares during the period. Vanguard Group Inc. lifted its position in shares of One Liberty Properties by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 1,766,778 shares of the real estate investment trust’s stock valued at $39,912,000 after acquiring an additional 10,490 shares during the period. State Board of Administration of Florida Retirement System acquired a new stake in shares of One Liberty Properties during the 1st quarter worth $219,000. BNP Paribas Financial Markets increased its position in shares of One Liberty Properties by 68.8% in the first quarter. BNP Paribas Financial Markets now owns 7,746 shares of the real estate investment trust’s stock worth $175,000 after purchasing an additional 3,157 shares during the period. Finally, Future Financial Wealth Managment LLC acquired a new position in One Liberty Properties in the first quarter valued at about $68,000. Institutional investors own 36.24% of the company’s stock.

Analyst Ratings Changes

OLP has been the topic of a number of research analyst reports. B. Riley upped their target price on shares of One Liberty Properties from $24.00 to $25.00 and gave the company a “buy” rating in a report on Monday, April 15th. StockNews.com raised One Liberty Properties from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th.

One Liberty Properties Company 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.