Shares of One Liberty Properties, Inc. (NYSE:OLP) have received an average recommendation of “Hold” from the six analysts that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $24.75.

Several research analysts have recently issued reports on the stock. ValuEngine upgraded shares of One Liberty Properties from a “hold” rating to a “buy” rating in a report on Friday. FBR & Co assumed coverage on shares of One Liberty Properties in a report on Monday, July 24th. They set a “mkt perform” rating and a $25.50 price objective on the stock. BidaskClub upgraded shares of One Liberty Properties from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Finally, Wunderlich restated a “hold” rating and set a $24.00 price objective (down previously from $26.00) on shares of One Liberty Properties in a report on Thursday, May 11th.

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Shares of One Liberty Properties (NYSE OLP) remained flat at $24.01 during trading on Friday. The stock had a trading volume of 33,078 shares. The firm has a market cap of $447.28 million, a P/E ratio of 20.35 and a beta of 0.81. The stock has a 50 day moving average of $24.14 and a 200 day moving average of $23.69. One Liberty Properties has a 52 week low of $21.96 and a 52 week high of $25.89.

In related news, insider Lawrence Ricketts sold 5,000 shares of the company’s stock in a transaction dated Wednesday, June 28th. The shares were sold at an average price of $23.57, for a total value of $117,850.00. Following the sale, the insider now owns 98,007 shares of the company’s stock, valued at $2,310,024.99. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Justin Clair sold 2,100 shares of the company’s stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of $24.06, for a total transaction of $50,526.00. Following the completion of the sale, the vice president now directly owns 33,305 shares in the company, valued at approximately $801,318.30. The disclosure for this sale can be found here. Insiders own 8.60% of the company’s stock.

A number of hedge funds have recently bought and sold shares of OLP. Citigroup Inc. boosted its stake in One Liberty Properties by 39.2% in the second quarter. Citigroup Inc. now owns 16,428 shares of the real estate investment trust’s stock worth $385,000 after buying an additional 4,628 shares during the last quarter. TIAA CREF Investment Management LLC boosted its stake in One Liberty Properties by 20.7% in the second quarter. TIAA CREF Investment Management LLC now owns 60,983 shares of the real estate investment trust’s stock worth $1,429,000 after buying an additional 10,446 shares during the last quarter. Teachers Advisors LLC boosted its stake in One Liberty Properties by 1.5% in the second quarter. Teachers Advisors LLC now owns 39,233 shares of the real estate investment trust’s stock worth $919,000 after buying an additional 585 shares during the last quarter. Martingale Asset Management L P boosted its stake in One Liberty Properties by 4.0% in the second quarter. Martingale Asset Management L P now owns 78,818 shares of the real estate investment trust’s stock worth $1,847,000 after buying an additional 3,000 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its stake in One Liberty Properties by 1.5% in the second quarter. Alliancebernstein L.P. now owns 55,368 shares of the real estate investment trust’s stock worth $1,297,000 after buying an additional 800 shares during the last quarter. 41.52% of the stock is currently owned by institutional investors and hedge funds.

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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