One Liberty Properties, Inc. (NYSE:OLP) Short Interest Up 32.2% in December

One Liberty Properties, Inc. (NYSE:OLP) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 287,463 shares, an increase of 32.2% from the November 30th total of 217,392 shares. Based on an average daily trading volume, of 104,784 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.8% of the shares of the company are short sold. Currently, 1.8% of the shares of the company are short sold. Based on an average daily trading volume, of 104,784 shares, the days-to-cover ratio is currently 2.7 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in OLP. US Bancorp DE increased its position in shares of One Liberty Properties by 62.7% during the 3rd quarter. US Bancorp DE now owns 1,271 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 490 shares during the period. Allworth Financial LP boosted its position in shares of 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 valued at $29,000 after acquiring an additional 1,138 shares during the period. Ameritas Advisory Services LLC bought a new position in One Liberty Properties in the second quarter worth $31,000. Ameritas Investment Partners Inc. grew its position in One Liberty Properties by 43.5% in the second quarter. Ameritas Investment Partners Inc. now owns 1,874 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 568 shares during the period. Finally, Versant Capital Management Inc raised its position in One Liberty Properties by 635.9% in the 3rd quarter. Versant Capital Management Inc now owns 2,627 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 2,270 shares during the last quarter. 36.24% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of One Liberty Properties in a report on Monday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

One Liberty Properties Price Performance

Shares of One Liberty Properties stock traded up $0.03 during trading hours on Tuesday, reaching $20.33. The stock had a trading volume of 105,726 shares, compared to its average volume of 102,910. 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 has a twelve month low of $19.62 and a twelve month high of $28.35. The firm has a market capitalization of $440.14 million, a PE ratio of 13.20, a PEG ratio of 2.49 and a beta of 1.00. The stock’s 50 day moving average is $20.53 and its 200 day moving average is $22.12.

One Liberty Properties (NYSE:OLP) last released its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.48. The business had revenue of $23.77 million for the quarter, compared to the consensus estimate of $24.18 million. One Liberty Properties had a net margin of 34.87% and a return on equity of 10.99%. Equities analysts expect that One Liberty Properties will post 1.68 earnings per share for the current fiscal year.

One Liberty Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 6th. Shareholders of record on Monday, December 22nd will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date is Monday, December 22nd. One Liberty Properties’s dividend payout ratio (DPR) is 116.88%.

About One Liberty Properties

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.