One Liberty Properties, Inc. (NYSE:OLP) – Research analysts at DA Davidson decreased their Q2 2019 EPS estimates for shares of One Liberty Properties in a research report issued on Thursday, May 16th. DA Davidson analyst B. Oxford now expects that the real estate investment trust will post earnings per share of $0.49 for the quarter, down from their previous estimate of $0.50. DA Davidson also issued estimates for One Liberty Properties’ FY2019 earnings at $1.95 EPS.

OLP has been the subject of several other reports. Zacks Investment Research lowered One Liberty Properties from a “hold” rating to a “sell” rating in a report on Friday, May 10th. ValuEngine raised One Liberty Properties from a “hold” rating to a “buy” rating in a report on Tuesday, May 14th. Finally, TheStreet lowered One Liberty Properties from a “b-” rating to a “c+” rating in a report on Thursday, April 4th.

OLP stock opened at $29.29 on Monday. The company has a market capitalization of $579.72 million, a PE ratio of 13.75, a price-to-earnings-growth ratio of 2.51 and a beta of 0.81. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.66 and a quick ratio of 1.66. One Liberty Properties has a 12-month low of $23.02 and a 12-month high of $29.94.

A number of hedge funds and other institutional investors have recently made changes to their positions in OLP. Bank of New York Mellon Corp grew its holdings in One Liberty Properties by 2.6% during the third quarter. Bank of New York Mellon Corp now owns 153,512 shares of the real estate investment trust’s stock valued at $4,265,000 after purchasing an additional 3,958 shares during the period. Dimensional Fund Advisors LP grew its holdings in One Liberty Properties by 0.9% during the third quarter. Dimensional Fund Advisors LP now owns 224,630 shares of the real estate investment trust’s stock valued at $6,239,000 after purchasing an additional 2,028 shares during the period. MetLife Investment Advisors LLC grew its holdings in One Liberty Properties by 61.9% during the third quarter. MetLife Investment Advisors LLC now owns 10,181 shares of the real estate investment trust’s stock valued at $283,000 after purchasing an additional 3,891 shares during the period. AQR Capital Management LLC bought a new position in One Liberty Properties during the third quarter valued at $479,000. Finally, TIAA CREF Investment Management LLC grew its holdings in One Liberty Properties by 17.1% during the third quarter. TIAA CREF Investment Management LLC now owns 104,772 shares of the real estate investment trust’s stock valued at $2,911,000 after purchasing an additional 15,303 shares during the period. 40.36% of the stock is owned by institutional investors and hedge funds.

In other One Liberty Properties news, VP Justin Clair sold 2,946 shares of the stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $29.00, for a total transaction of $85,434.00. Following the completion of the transaction, the vice president now directly owns 31,940 shares of the company’s stock, valued at $926,260. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Lawrence Ricketts sold 5,000 shares of the stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $29.70, for a total value of $148,500.00. Following the transaction, the insider now directly owns 127,494 shares of the company’s stock, valued at $3,786,571.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,946 shares of company stock valued at $292,934. 21.90% of the stock is currently owned by corporate insiders.

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.

Recommended Story: What is the Russell 2000 Index?

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

Receive News & Ratings for One Liberty Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for One Liberty Properties and related companies with MarketBeat.com's FREE daily email newsletter.