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The Top 5 High-Dividend-Yielding REIT Stocks
5. One Liberty Properties, Inc. (NYSE: OLP)
Number of Hedge Fund Holders: 8
Dividend Yield: 6.2%
Liberty Assets, Inc. (NYSE: OLP) is a self-administered and self-managed real estate investment trust that buys, sells, and maintains industrial, retail, restaurant, health and fitness, and theater properties. It is ranked 5th among the top REIT companies with high dividend yields on our list.
With a Buy rating and a $32 price target, Aegis analyst Brian Hollenden began coverage of One Liberty Properties, Inc. (NYSE: OLP) shares in June.
One Liberty Properties, Inc. (NYSE: OLP) reported a $0.42 FFO in the first quarter of 2021, up from $0.32 the previous quarter. The company’s sales for the quarter was $20.68 million, up from $18.72 million in the previous quarter. One Liberty Properties, Inc. (NYSE: OLP) has gained 41.15 percent in the last six months and 50.71 percent so far this year.
Eight hedge funds out of the 866 monitored by Insider Monkey had positions in One Liberty Properties, Inc. (NYSE: OLP) worth $29.01 million by the end of the first quarter of 2021. This compares to 7 hedge funds with a total position worth of $26.9 million in the previous quarter.