Key Points
- COO Lawrence Ricketts sold 2,501 shares on March 17 at $23.38 for $58,473.38 (after selling 1,491 shares on March 16), reducing his ownership by 1.31% to 188,021 shares valued at about $4.396M.
- One Liberty announced a quarterly dividend of $0.45 per share (annualized $1.80) with an ex‑dividend date of March 27 and a yield of 8.0%, though the dividend payout ratio is a high 153.85%.
- Market and analyst snapshot: OLP traded near $22.62 (market cap ~$493M) and has mixed analyst views—one Buy and one Sell, averaging a "Hold" rating with a $27.50 target.
One Liberty Properties, Inc. (NYSE:OLP - Get Free Report) COO Lawrence Ricketts sold 1,491 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $23.17, for a total transaction of $34,546.47. Following the sale, the chief operating officer owned 190,522 shares in the company, valued at approximately $4,414,394.74. This trade represents a 0.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Lawrence Ricketts also recently made the following trade(s):
- On Tuesday, March 17th, Lawrence Ricketts sold 2,501 shares of One Liberty Properties stock. The stock was sold at an average price of $23.38, for a total transaction of $58,473.38.
One Liberty Properties Stock Performance
OLP stock traded down $0.11 during midday trading on Thursday, reaching $22.57. The company had a trading volume of 18,618 shares, compared to its average volume of 76,313. The firm has a market capitalization of $492.27 million, a PE ratio of 19.31, a P/E/G ratio of 2.70 and a beta of 0.95. The stock has a 50 day moving average price of $22.36 and a 200 day moving average price of $21.59. One Liberty Properties, Inc. has a fifty-two week low of $19.62 and a fifty-two week high of $26.86. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.73.
One Liberty Properties Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Friday, March 27th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Friday, March 27th. This represents a $1.80 annualized dividend and a dividend yield of 8.0%. One Liberty Properties's dividend payout ratio (DPR) is 153.85%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in OLP. US Bancorp DE raised its holdings in One Liberty Properties by 62.7% during the third quarter. US Bancorp DE now owns 1,271 shares of the real estate investment trust's stock worth $28,000 after purchasing an additional 490 shares in the last quarter. Allworth Financial LP lifted its position in One Liberty Properties by 1,440.5% in the second quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust's stock worth $29,000 after purchasing an additional 1,138 shares during the period. GAMMA Investing LLC boosted its stake in One Liberty Properties by 241.7% during the 4th quarter. GAMMA Investing LLC now owns 1,951 shares of the real estate investment trust's stock valued at $40,000 after purchasing an additional 1,380 shares in the last quarter. Ameritas Investment Partners Inc. boosted its stake in One Liberty Properties by 43.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,874 shares of the real estate investment trust's stock valued at $45,000 after purchasing an additional 568 shares in the last quarter. Finally, Camelot Portfolios LLC acquired a new position in shares of One Liberty Properties during the 4th quarter valued at $51,000. Institutional investors and hedge funds own 36.24% of the company's stock.
Wall Street Analysts Forecast Growth
OLP has been the topic of several analyst reports. B. Riley Financial reaffirmed a "buy" rating and issued a $27.50 target price (up from $26.50) on shares of One Liberty Properties in a research report on Wednesday, March 11th. Wall Street Zen cut shares of One Liberty Properties from a "hold" rating to a "sell" rating in a report on Saturday, March 14th. Finally, Weiss Ratings reiterated a "sell (e)" rating on shares of One Liberty Properties in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $27.50.
Get Our Latest Report on OLP
About One Liberty Properties
(
Get Free Report)
One Liberty Properties, Inc is a self-administered real estate investment trust (REIT) specializing in the acquisition, ownership and management of net leased commercial properties. The company focuses on single-tenant retail, office and industrial assets that are subject to long-term, triple-net leases, shifting operating responsibilities—such as maintenance, insurance and taxes—to the tenant. One Liberty's strategy emphasizes creditworthy tenants, lease durations that provide predictable cash flow and geographically diversified holdings.
Since its founding in 1988 and incorporation as a REIT in 1993, One Liberty has assembled a portfolio of more than 130 properties spanning retail convenience centers, quick-service restaurants, automotive service stations, office buildings and light industrial facilities.
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