One Liberty Properties (NYSE:OLP) Stock Rating Lowered by Wall Street Zen

by · The Cerbat Gem

One Liberty Properties (NYSE:OLP – Get Free Report) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

A number of other analysts have also recently issued reports on the stock. B. Riley Financial restated a “buy” rating and set a $27.50 target price (up from $26.50) on shares of One Liberty Properties in a research note on Wednesday, March 11th. Weiss Ratings reiterated a “sell (e)” rating on shares of One Liberty Properties in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $27.50.

Read Our Latest Stock Report on One Liberty Properties

One Liberty Properties Trading Down 0.6%

OLP stock opened at $22.81 on Friday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.97 and a quick ratio of 1.97. The company has a fifty day moving average price of $22.23 and a two-hundred day moving average price of $21.59. One Liberty Properties has a one year low of $19.62 and a one year high of $27.03. The stock has a market cap of $497.46 million, a price-to-earnings ratio of 19.50, a price-to-earnings-growth ratio of 2.66 and a beta of 0.95.

Institutional Investors Weigh In On One Liberty Properties

A number of hedge funds and other institutional investors have recently modified their holdings of OLP. US Bancorp DE grew its stake in shares of One Liberty Properties by 62.7% in the third quarter. US Bancorp DE now owns 1,271 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 490 shares in the last quarter. Allworth Financial LP increased its position in One Liberty Properties by 1,440.5% during the second quarter. Allworth Financial LP now owns 1,217 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,138 shares during the period. GAMMA Investing LLC raised its stake in One Liberty Properties by 241.7% in the 4th quarter. GAMMA Investing LLC now owns 1,951 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 1,380 shares in the last quarter. Ameritas Investment Partners Inc. boosted its holdings in One Liberty Properties by 43.5% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,874 shares of the real estate investment trust’s stock valued at $45,000 after purchasing an additional 568 shares during the period. Finally, Camelot Portfolios LLC bought a new stake in One Liberty Properties in the 4th quarter valued at about $51,000. Institutional investors and hedge funds own 36.24% of the company’s stock.

About One Liberty Properties

(Get Free Report)

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.

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