B. Riley Wealth Management Inc. Acquires New Stake in One Liberty Properties, Inc. (NYSE:OLP)

B. Riley Wealth Management Inc. purchased a new stake in One Liberty Properties, Inc. (NYSE:OLP) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 15,482 shares of the real estate investment trust’s stock, valued at approximately $124,000. B. Riley Wealth Management Inc. owned 0.08% of One Liberty Properties at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc increased its position in shares of One Liberty Properties by 1.3% in the third quarter. Vanguard Group Inc now owns 1,595,554 shares of the real estate investment trust’s stock valued at $44,325,000 after acquiring an additional 21,240 shares during the period. Vanguard Group Inc. increased its position in shares of One Liberty Properties by 1.3% in the third quarter. Vanguard Group Inc. now owns 1,595,554 shares of the real estate investment trust’s stock valued at $44,325,000 after acquiring an additional 21,240 shares during the period. BlackRock Inc. increased its position in shares of One Liberty Properties by 0.7% in the fourth quarter. BlackRock Inc. now owns 1,324,174 shares of the real estate investment trust’s stock valued at $32,071,000 after acquiring an additional 9,028 shares during the period. Renaissance Technologies LLC increased its position in shares of One Liberty Properties by 16.2% in the third quarter. Renaissance Technologies LLC now owns 802,665 shares of the real estate investment trust’s stock valued at $22,298,000 after acquiring an additional 111,665 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of One Liberty Properties by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 229,997 shares of the real estate investment trust’s stock valued at $5,571,000 after acquiring an additional 5,367 shares during the period. Hedge funds and other institutional investors own 40.23% of the company’s stock.

Shares of OLP traded up $0.12 during trading hours on Friday, reaching $26.83. 37,502 shares of the company traded hands, compared to its average volume of 59,249. The firm has a market capitalization of $525.57 million, a price-to-earnings ratio of 12.60, a PEG ratio of 2.27 and a beta of 0.84. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 1.50. One Liberty Properties, Inc. has a 12 month low of $22.82 and a 12 month high of $29.94.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, March 26th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.71%. The ex-dividend date was Monday, March 25th. One Liberty Properties’s payout ratio is currently 84.51%.

In related news, insider Lawrence Ricketts sold 5,000 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $29.70, for a total transaction of $148,500.00. Following the sale, the insider now owns 127,494 shares of the company’s stock, valued at $3,786,571.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Justin Clair sold 2,946 shares of the business’s stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $29.00, for a total transaction of $85,434.00. Following the sale, the vice president now directly owns 31,940 shares in the company, valued at approximately $926,260. The disclosure for this sale can be found here. Insiders have sold 9,946 shares of company stock worth $292,934 in the last three months. 21.90% of the stock is currently owned by insiders.

A number of equities research analysts have recently weighed in on the stock. TheStreet lowered shares of One Liberty Properties from a “b-” rating to a “c+” rating in a research note on Thursday, April 4th. ValuEngine raised shares of One Liberty Properties from a “hold” rating to a “buy” rating in a research note on Friday, March 1st. Finally, Zacks Investment Research lowered shares of One Liberty Properties from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 15th.

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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, retail, restaurant, health and fitness, and theater 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.

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Institutional Ownership by Quarter for One Liberty Properties (NYSE:OLP)

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