One Liberty Properties, Inc. (NYSE:OLP) Short Interest Down 18.8% in January

One Liberty Properties, Inc. (NYSE:OLP) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 79,900 shares, a decline of 18.8% from the January 15th total of 98,400 shares. Based on an average daily volume of 53,900 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Trading of One Liberty Properties

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of One Liberty Properties in the third quarter worth about $160,000. Creative Planning raised its stake in shares of One Liberty Properties by 4.3% during the 3rd quarter. Creative Planning now owns 9,894 shares of the real estate investment trust’s stock valued at $272,000 after buying an additional 411 shares during the last quarter. Asset Management One Co. Ltd. lifted its holdings in One Liberty Properties by 7.3% in the third quarter. Asset Management One Co. Ltd. now owns 22,810 shares of the real estate investment trust’s stock valued at $628,000 after acquiring an additional 1,561 shares during the period. Penserra Capital Management LLC boosted its position in One Liberty Properties by 23.0% in the 3rd quarter. Penserra Capital Management LLC now owns 42,331 shares of the real estate investment trust’s stock worth $1,165,000 after purchasing an additional 7,905 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of One Liberty Properties by 80.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,300 shares of the real estate investment trust’s stock worth $174,000 after purchasing an additional 2,801 shares during the period. Institutional investors and hedge funds own 36.24% of the company’s stock.

One Liberty Properties Stock Performance

NYSE:OLP traded down $0.23 during trading hours on Friday, hitting $26.02. 41,100 shares of the company were exchanged, compared to its average volume of 41,358. The company’s 50 day moving average price is $26.60 and its 200-day moving average price is $27.06. The stock has a market capitalization of $556.50 million, a price-to-earnings ratio of 16.06, a PEG ratio of 3.07 and a beta of 1.39. One Liberty Properties has a 52-week low of $19.90 and a 52-week high of $30.45. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.48 and a quick ratio of 2.48.

One Liberty Properties Dividend Announcement

The company also recently announced 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 6.92%. The ex-dividend date of this dividend was Monday, December 23rd. One Liberty Properties’s payout ratio is 111.11%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of One Liberty Properties from a “hold” rating to a “buy” rating in a research report 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.