One Liberty Properties (NYSE:OLP) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

One Liberty Properties, Inc. (NYSE:OLP) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $21.54 and traded as high as $22.96. One Liberty Properties shares last traded at $22.69, with a volume of 50,475 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e)” rating on shares of One Liberty Properties in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

One Liberty Properties Stock Up 0.1%

The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 1.50. The company has a 50 day simple moving average of $21.15 and a two-hundred day simple moving average of $21.54. The firm has a market capitalization of $492.88 million, a P/E ratio of 14.79, a P/E/G ratio of 2.69 and a beta of 0.98.

One Liberty Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, December 22nd were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend was Monday, December 22nd. One Liberty Properties’s dividend payout ratio (DPR) is presently 116.88%.

Hedge Funds Weigh In On One Liberty Properties

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OLP. Marshall Wace LLP purchased a new stake in shares of One Liberty Properties during the 4th quarter worth approximately $215,000. Wells Fargo & Company MN grew its holdings in shares of One Liberty Properties by 19.3% in the fourth quarter. Wells Fargo & Company MN now owns 81,834 shares of the real estate investment trust’s stock valued at $1,660,000 after purchasing an additional 13,259 shares in the last quarter. Jane Street Group LLC increased its position in One Liberty Properties by 73.6% in the fourth quarter. Jane Street Group LLC now owns 47,304 shares of the real estate investment trust’s stock worth $960,000 after purchasing an additional 20,053 shares during the last quarter. HRT Financial LP bought a new stake in One Liberty Properties in the fourth quarter worth $483,000. Finally, EntryPoint Capital LLC purchased a new stake in One Liberty Properties during the fourth quarter valued at $206,000. 36.24% of the stock is owned by institutional investors.

One Liberty Properties Company Profile

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.