Wunderlich restated their hold rating on shares of One Liberty Properties, Inc. (NYSE:OLP) in a research report sent to investors on Thursday, May 11th, MarketBeat.com reports. The firm currently has a $24.00 price target on the real estate investment trust’s stock, down from their prior price target of $26.00.
Shares of One Liberty Properties (NYSE:OLP) opened at 24.21 on Thursday. One Liberty Properties has a 12-month low of $21.96 and a 12-month high of $25.89. The stock has a market capitalization of $446.72 million, a price-to-earnings ratio of 18.03 and a beta of 0.85. The stock’s 50 day moving average is $23.35 and its 200-day moving average is $23.84.
The business also recently declared a quarterly dividend, which will be paid on Friday, July 7th. Shareholders of record on Monday, June 26th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.10%. The ex-dividend date of this dividend is Thursday, June 22nd. One Liberty Properties’s dividend payout ratio is presently 127.41%.
In other One Liberty Properties news, insider Lawrence Ricketts sold 2,000 shares of One Liberty Properties stock in a transaction dated Thursday, April 6th. The shares were sold at an average price of $23.29, for a total transaction of $46,580.00. Following the completion of the sale, the insider now directly owns 100,907 shares in the company, valued at $2,350,124.03. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.60% of the stock is owned by company insiders.
One Liberty Properties Company Profile
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.
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