One Liberty Properties, Inc. (OLP) Insider Lawrence Ricketts Sells 5,000 Shares of Stock
One Liberty Properties, Inc. (NYSE:OLP) insider Lawrence Ricketts sold 5,000 shares of the firm’s stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $23.57, for a total value of $117,850.00. Following the completion of the sale, the insider now directly owns 98,007 shares of the company’s stock, valued at approximately $2,310,024.99. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Lawrence Ricketts also recently made the following trade(s):
- On Thursday, April 6th, Lawrence Ricketts sold 2,000 shares of One Liberty Properties stock. The stock was sold at an average price of $23.29, for a total transaction of $46,580.00.
Shares of One Liberty Properties, Inc. (OLP) traded down 1.49% on Thursday, reaching $23.19. 16,784 shares of the company’s stock traded hands. One Liberty Properties, Inc. has a 52 week low of $21.96 and a 52 week high of $25.89. The company has a 50 day moving average price of $23.32 and a 200 day moving average price of $23.83. The firm has a market capitalization of $427.90 million, a price-to-earnings ratio of 17.27 and a beta of 0.85.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 7th. Investors of record on Monday, June 26th will be paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.31%. The ex-dividend date of this dividend is Thursday, June 22nd. One Liberty Properties’s dividend payout ratio is currently 127.41%.
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Separately, Wunderlich reaffirmed a “hold” rating and set a $24.00 price target (down from $26.00) on shares of One Liberty Properties in a research note on Thursday, May 11th.
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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