One Liberty Properties, Inc. (NYSE:OLP) – DA Davidson increased their FY2017 earnings per share (EPS) estimates for One Liberty Properties in a report released on Monday. DA Davidson analyst B. Oxford now anticipates that the real estate investment trust will post earnings of $2.11 per share for the year, up from their previous forecast of $2.04. DA Davidson currently has a “Neutral” rating and a $26.00 price target on the stock. DA Davidson also issued estimates for One Liberty Properties’ Q4 2017 earnings at $0.55 EPS, Q1 2018 earnings at $0.52 EPS, Q2 2018 earnings at $0.52 EPS, Q3 2018 earnings at $0.53 EPS, Q4 2018 earnings at $0.53 EPS, FY2018 earnings at $2.09 EPS, Q2 2019 earnings at $0.54 EPS, Q3 2019 earnings at $0.55 EPS and FY2019 earnings at $2.17 EPS.

Other equities analysts have also recently issued research reports about the stock. TheStreet upgraded shares of One Liberty Properties from a “c+” rating to a “b-” rating in a research note on Thursday, October 5th. ValuEngine raised shares of One Liberty Properties from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of One Liberty Properties from a “sell” rating to a “hold” rating in a report on Tuesday, October 24th. B. Riley reissued a “hold” rating and issued a $25.50 target price on shares of One Liberty Properties in a report on Thursday, November 9th. Finally, BidaskClub raised shares of One Liberty Properties from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $25.25.

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One Liberty Properties (NYSE OLP) opened at $25.68 on Tuesday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.77 and a current ratio of 1.77. The stock has a market cap of $481.01, a PE ratio of 12.55, a price-to-earnings-growth ratio of 2.03 and a beta of 0.85. One Liberty Properties has a one year low of $21.96 and a one year high of $25.89.

Several large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its position in shares of One Liberty Properties by 1.8% during the third quarter. Dimensional Fund Advisors LP now owns 207,106 shares of the real estate investment trust’s stock worth $5,045,000 after purchasing an additional 3,678 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of One Liberty Properties by 42.7% in the third quarter. Wells Fargo & Company MN now owns 91,918 shares of the real estate investment trust’s stock valued at $2,240,000 after acquiring an additional 27,527 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of One Liberty Properties in the third quarter valued at about $338,000. SG Americas Securities LLC bought a new stake in shares of One Liberty Properties in the third quarter valued at about $730,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of One Liberty Properties by 1.8% in the third quarter. Bank of New York Mellon Corp now owns 149,897 shares of the real estate investment trust’s stock valued at $3,651,000 after acquiring an additional 2,611 shares in the last quarter. Institutional investors and hedge funds own 41.56% of the company’s stock.

In other news, insider Lawrence Ricketts sold 7,000 shares of One Liberty Properties stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $24.14, for a total transaction of $168,980.00. Following the completion of the sale, the insider now directly owns 113,302 shares in the company, valued at $2,735,110.28. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Justin Clair sold 2,839 shares of One Liberty Properties stock in a transaction on Thursday, October 5th. The stock was sold at an average price of $24.87, for a total value of $70,605.93. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,939 shares of company stock valued at $290,112. Corporate insiders own 8.60% of the company’s stock.

About One Liberty Properties

One Liberty Properties, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company acquires, owns and manages a geographically diversified portfolio consisting of retail, industrial, flex, and health and fitness properties. As of December 31, 2016, the Company owned 114 properties and participated in joint ventures that own five properties.

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

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