One Liberty Properties, Inc. (NYSE:OLP) Short Interest Down 13.8% in December

One Liberty Properties, Inc. (NYSE:OLP) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 115,100 shares, a drop of 13.8% from the December 15th total of 133,500 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 52,800 shares, the short-interest ratio is currently 2.2 days.

Institutional Investors Weigh In On One Liberty Properties

Institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC increased its stake in One Liberty Properties by 10.9% in the fourth quarter. SG Americas Securities LLC now owns 6,431 shares of the real estate investment trust’s stock valued at $175,000 after acquiring an additional 632 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of One Liberty Properties by 24.4% in the 4th quarter. Nisa Investment Advisors LLC now owns 7,206 shares of the real estate investment trust’s stock worth $200,000 after purchasing an additional 1,415 shares in the last quarter. Franklin Resources Inc. increased its position in shares of One Liberty Properties by 4.6% during the 3rd quarter. Franklin Resources Inc. now owns 9,964 shares of the real estate investment trust’s stock valued at $268,000 after purchasing an additional 440 shares during the last quarter. Barclays PLC raised its holdings in shares of One Liberty Properties by 310.8% during the 3rd quarter. Barclays PLC now owns 24,606 shares of the real estate investment trust’s stock valued at $678,000 after buying an additional 18,616 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in One Liberty Properties by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 458,454 shares of the real estate investment trust’s stock worth $12,628,000 after buying an additional 17,651 shares during the last quarter. 36.24% of the stock is owned by hedge funds and other institutional investors.

One Liberty Properties Price Performance

NYSE:OLP traded down $0.29 during mid-day trading on Friday, hitting $25.77. 41,192 shares of the stock traded hands, compared to its average volume of 61,928. One Liberty Properties has a 12-month low of $19.25 and a 12-month high of $30.45. 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 cap of $551.18 million, a PE ratio of 15.91, a price-to-earnings-growth ratio of 2.94 and a beta of 1.40. The business’s 50-day moving average price is $27.92 and its 200 day moving average price is $26.92.

One Liberty Properties (NYSE:OLP) last issued its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.18). One Liberty Properties had a return on equity of 11.35% and a net margin of 38.96%. The business had revenue of $22.21 million during the quarter, compared to analysts’ expectations of $21.89 million. On average, analysts expect that One Liberty Properties will post 1.68 EPS for the current fiscal year.

One Liberty Properties Announces Dividend

The business also recently disclosed 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 6.99%. The ex-dividend date of this dividend was Monday, December 23rd. One Liberty Properties’s dividend payout ratio (DPR) is 111.11%.

Wall Street Analysts Forecast Growth

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

About One Liberty Properties

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.