MetLife Investment Advisors LLC cut its stake in One Liberty Properties, Inc. (NYSE:OLP) by 38.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,290 shares of the real estate investment trust’s stock after selling 3,891 shares during the period. MetLife Investment Advisors LLC’s holdings in One Liberty Properties were worth $152,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Bank of America Corp DE lifted its stake in One Liberty Properties by 0.6% in the 4th quarter. Bank of America Corp DE now owns 92,525 shares of the real estate investment trust’s stock worth $2,241,000 after purchasing an additional 524 shares in the last quarter. Geode Capital Management LLC lifted its stake in One Liberty Properties by 4.5% in the 4th quarter. Geode Capital Management LLC now owns 168,952 shares of the real estate investment trust’s stock worth $4,091,000 after purchasing an additional 7,271 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in One Liberty Properties by 2.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 229,997 shares of the real estate investment trust’s stock worth $5,571,000 after purchasing an additional 5,367 shares in the last quarter. Great West Life Assurance Co. Can lifted its stake in One Liberty Properties by 15.9% in the 4th quarter. Great West Life Assurance Co. Can now owns 3,639 shares of the real estate investment trust’s stock worth $84,000 after purchasing an additional 499 shares in the last quarter. Finally, Camelot Portfolios LLC lifted its stake in One Liberty Properties by 6.9% in the 4th quarter. Camelot Portfolios LLC now owns 15,500 shares of the real estate investment trust’s stock worth $375,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 40.23% of the company’s stock.

OLP has been the topic of several recent research reports. TheStreet cut shares of One Liberty Properties from a “b-” rating to a “c+” rating in a research report on Thursday, April 4th. ValuEngine upgraded shares of One Liberty Properties from a “hold” rating to a “buy” rating in a research report on Friday, March 1st. Finally, Zacks Investment Research cut shares of One Liberty Properties from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 15th.

In related news, VP Justin Clair sold 2,000 shares of the company’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $29.50, for a total transaction of $59,000.00. Following the transaction, the vice president now directly owns 34,886 shares in the company, valued at approximately $1,029,137. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lawrence Ricketts sold 5,000 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $29.70, for a total transaction of $148,500.00. Following the transaction, the insider now owns 127,494 shares in the company, valued at $3,786,571.80. The disclosure for this sale can be found here. Insiders have sold a total of 9,946 shares of company stock worth $292,934 over the last quarter. 21.90% of the stock is currently owned by insiders.

Shares of NYSE OLP opened at $27.05 on Thursday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.92 and a current ratio of 1.92. The stock has a market cap of $525.97 million, a PE ratio of 12.66, a price-to-earnings-growth ratio of 2.27 and a beta of 0.84. One Liberty Properties, Inc. has a 12-month low of $23.02 and a 12-month high of $29.94.

The company also recently declared a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, March 26th were issued a dividend of $0.45 per share. The ex-dividend date was Monday, March 25th. This represents a $1.80 annualized dividend and a yield of 6.65%. One Liberty Properties’s payout ratio is 84.51%.

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One Liberty Properties Company Profile

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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Institutional Ownership by Quarter for One Liberty Properties (NYSE:OLP)

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