FY2020 EPS Estimates for One Liberty Properties, Inc. Decreased by DA Davidson (OLP)

One Liberty Properties, Inc. (NYSE:OLP) – Research analysts at DA Davidson reduced their FY2020 EPS estimates for shares of One Liberty Properties in a report issued on Thursday, May 16th. DA Davidson analyst B. Oxford now forecasts that the real estate investment trust will earn $2.02 per share for the year, down from their prior estimate of $2.03. DA Davidson also issued estimates for One Liberty Properties’ Q4 2020 earnings at $0.52 EPS.

A number of other equities analysts have also recently issued reports on OLP. TheStreet raised One Liberty Properties from a “c+” rating to a “b-” rating in a report on Friday, February 1st. ValuEngine raised One Liberty Properties from a “hold” rating to a “buy” rating in a report on Friday, March 1st. Finally, Zacks Investment Research cut One Liberty Properties from a “hold” rating to a “sell” rating in a report on Friday, May 10th.

Shares of OLP opened at $29.39 on Friday. One Liberty Properties has a 12-month low of $23.02 and a 12-month high of $29.94. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 1.51. The stock has a market capitalization of $577.56 million, a price-to-earnings ratio of 13.97, a PEG ratio of 2.50 and a beta of 0.81.

Several institutional investors have recently made changes to their positions in OLP. Bank of New York Mellon Corp boosted its position in shares of One Liberty Properties by 2.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 153,512 shares of the real estate investment trust’s stock valued at $4,265,000 after purchasing an additional 3,958 shares in the last quarter. BlackRock Inc. boosted its position in shares of One Liberty Properties by 1.6% during the 3rd quarter. BlackRock Inc. now owns 1,315,146 shares of the real estate investment trust’s stock valued at $36,534,000 after purchasing an additional 21,005 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of One Liberty Properties by 0.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 224,630 shares of the real estate investment trust’s stock valued at $6,239,000 after purchasing an additional 2,028 shares in the last quarter. MetLife Investment Advisors LLC boosted its position in shares of One Liberty Properties by 61.9% during the 3rd quarter. MetLife Investment Advisors LLC now owns 10,181 shares of the real estate investment trust’s stock valued at $283,000 after purchasing an additional 3,891 shares in the last quarter. Finally, AQR Capital Management LLC bought a new stake in shares of One Liberty Properties during the 3rd quarter valued at about $479,000. Institutional investors own 40.36% of the company’s stock.

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

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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Earnings History and Estimates for One Liberty Properties (NYSE:OLP)

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