In today’s marketplace, there are tons of indicators investors can use to analyze stocks. Some of the most innovative are hedge fund and insider trading interest. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the elite fund managers can outclass the market by a significant amount (see just how much).
Equally as integral, bullish insider trading activity is a second way to parse down the stock market universe. There are many incentives for an insider to sell shares of his or her company, but just one, very clear reason why they would initiate a purchase. Plenty of empirical studies have demonstrated the useful potential of this tactic if investors know where to look (learn more here).
With all of this in mind, we’re going to take a look at the key action surrounding One Liberty Properties, Inc. (NYSE:OLP).
Hedge fund activity in One Liberty Properties, Inc. (NYSE:OLP)
At year’s end, a total of 5 of the hedge funds we track held long positions in this stock, a change of -17% from the previous quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists an “upper tier” of noteworthy hedge fund managers who were boosting their holdings significantly.
Of the funds we track, MFP Investors, managed by Michael Price, holds the most valuable position in One Liberty Properties, Inc. (NYSE:OLP). MFP Investors has a $3.2 million position in the stock, comprising 0.4% of its 13F portfolio. Sitting at the No. 2 spot is Jim Simons of Renaissance Technologies, with a $1.5 million position; the fund has less than 0.1%% of its 13F portfolio invested in the stock. Some other hedge funds that are bullish include Andy Redleaf’s Whitebox Advisors, D. E. Shaw’s D E Shaw and John Overdeck and David Siegel’s Two Sigma Advisors.
Because One Liberty Properties, Inc. (NYSE:OLP) has witnessed declining sentiment from the smart money, we can see that there exists a select few hedge funds who sold off their entire stakes in Q4. It’s worth mentioning that Israel Englander’s Millennium Management dumped the largest stake of the 450+ funds we watch, worth an estimated $0.2 million in stock. These transactions are interesting, as total hedge fund interest was cut by 1 funds in Q4.
How are insiders trading One Liberty Properties, Inc. (NYSE:OLP)?
Insider purchases made by high-level executives is most useful when the company in focus has seen transactions within the past half-year. Over the last half-year time period, One Liberty Properties, Inc. (NYSE:OLP) has experienced 3 unique insiders buying, and 2 insider sales (see the details of insider trades here).
Let’s check out hedge fund and insider activity in other stocks similar to One Liberty Properties, Inc. (NYSE:OLP). These stocks are Gladstone Commercial Corporation (NASDAQ:GOOD), Arbor Realty Trust, Inc. (NYSE:ABR), Whitestone REIT (NYSE:WSR), Winthrop Realty Trust (NYSE:FUR), and Gramercy Capital Corp. (NYSE:GKK). All of these stocks are in the reit – diversified industry and their market caps resemble OLP’s market cap.
| Company Name | # of Hedge Funds | # of Insiders Buying | # of Insiders Selling |
| Gladstone Commercial Corporation (NASDAQ:GOOD) | 1 | 1 | 2 |
| Arbor Realty Trust, Inc. (NYSE:ABR) | 5 | 3 | 2 |
| Whitestone REIT (NYSE:WSR) | 3 | 1 | 0 |
| Winthrop Realty Trust (NYSE:FUR) | 7 | 0 | 0 |
| Gramercy Capital Corp. (NYSE:GKK) | 9 | 3 | 0 |
With the returns shown by Insider Monkey’s studies, everyday investors must always monitor hedge fund and insider trading activity, and One Liberty Properties, Inc. (NYSE:OLP) applies perfectly to this mantra.
