Insider Selling: One Liberty Properties, Inc. (OLP) VP Sells 2,946 Shares of Stock

One Liberty Properties, Inc. (NYSE:OLP) VP Justin Clair sold 2,946 shares of the company’s stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $29.00, for a total value of $85,434.00. Following the transaction, the vice president now directly owns 31,940 shares of the company’s stock, valued at $926,260. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

  • On Wednesday, March 20th, Justin Clair sold 2,000 shares of One Liberty Properties stock. The shares were sold at an average price of $29.50, for a total value of $59,000.00.

OLP traded up $0.12 on Friday, hitting $26.83. 37,502 shares of the company traded hands, compared to its average volume of 59,249. The company has a market cap of $525.57 million, a PE ratio of 12.60, a P/E/G ratio of 2.27 and a beta of 0.84. The company has a quick ratio of 1.92, a current 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 company also recently declared a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, March 26th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.71%. The ex-dividend date of this dividend was Monday, March 25th. One Liberty Properties’s dividend payout ratio is currently 84.51%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in OLP. Nisa Investment Advisors LLC boosted its holdings in shares of One Liberty Properties by 306.9% during the first quarter. Nisa Investment Advisors LLC now owns 1,465 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 1,105 shares during the last quarter. Sound Income Strategies LLC boosted its stake in One Liberty Properties by 357.1% in the fourth quarter. Sound Income Strategies LLC now owns 1,920 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 1,500 shares during the period. Advisory Services Network LLC acquired a new position in One Liberty Properties in the fourth quarter valued at approximately $51,000. Legal & General Group Plc boosted its stake in One Liberty Properties by 22.1% in the fourth quarter. Legal & General Group Plc now owns 2,788 shares of the real estate investment trust’s stock valued at $67,000 after acquiring an additional 505 shares during the period. Finally, Great West Life Assurance Co. Can boosted its stake in One Liberty Properties by 15.9% in the fourth quarter. Great West Life Assurance Co. Can now owns 3,639 shares of the real estate investment trust’s stock valued at $84,000 after acquiring an additional 499 shares during the period. Institutional investors and hedge funds own 40.23% of the company’s stock.

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

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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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Insider Buying and Selling by Quarter for One Liberty Properties (NYSE:OLP)

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