Liberty Property Trust (NYSE:LPT) has been assigned a consensus recommendation of “Hold” from the twelve brokerages that are covering the stock. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $36.67.

A number of equities analysts have recently commented on LPT shares. Morgan Stanley started coverage on shares of Liberty Property Trust in a research report on Tuesday, September 6th. They set an “equal weight” rating and a $38.00 target price on the stock. Citigroup Inc. raised their target price on shares of Liberty Property Trust from $34.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday, July 7th. Zacks Investment Research raised shares of Liberty Property Trust from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a research report on Monday, June 20th. BTIG Research started coverage on shares of Liberty Property Trust in a research report on Thursday, August 25th. They set a “neutral” rating on the stock. Finally, Capital One Financial Corp. raised shares of Liberty Property Trust from an “equal weight” rating to an “overweight” rating and set a $41.00 target price on the stock in a research report on Tuesday, October 4th.

Liberty Property Trust (NYSE:LPT) traded up 1.25% during trading on Wednesday, reaching $38.92. The company had a trading volume of 106,822 shares. The stock has a market capitalization of $5.71 billion, a P/E ratio of 20.65 and a beta of 0.97. The stock has a 50 day moving average of $40.26 and a 200-day moving average of $38.28. Liberty Property Trust has a 12-month low of $26.94 and a 12-month high of $42.26.

Liberty Property Trust (NYSE:LPT) last issued its earnings results on Tuesday, July 26th. The real estate investment trust reported $0.68 EPS for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.04. The business had revenue of $186.65 million for the quarter, compared to analyst estimates of $191.42 million. Liberty Property Trust had a net margin of 35.96% and a return on equity of 9.36%. The company’s quarterly revenue was down 8.3% compared to the same quarter last year. During the same period last year, the company posted $0.67 earnings per share. On average, analysts forecast that Liberty Property Trust will post $2.35 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 17th. Shareholders of record on Monday, October 3rd will be paid a $0.475 dividend. The ex-dividend date of this dividend is Thursday, September 29th. This represents a $1.90 annualized dividend and a yield of 4.94%. Liberty Property Trust’s dividend payout ratio (DPR) is 101.06%.

Large investors have recently made changes to their positions in the stock. Pensionfund Sabic increased its stake in shares of Liberty Property Trust by 23.8% in the third quarter. Pensionfund Sabic now owns 25,984 shares of the real estate investment trust’s stock valued at $1,048,000 after buying an additional 5,000 shares during the period. Pensionfund DSM Netherlands increased its stake in shares of Liberty Property Trust by 20.3% in the third quarter. Pensionfund DSM Netherlands now owns 71,096 shares of the real estate investment trust’s stock valued at $2,869,000 after buying an additional 12,000 shares during the period. British Columbia Investment Management Corp increased its stake in shares of Liberty Property Trust by 16.3% in the third quarter. British Columbia Investment Management Corp now owns 107,954 shares of the real estate investment trust’s stock valued at $4,356,000 after buying an additional 15,108 shares during the period. Macquarie Group Ltd. increased its stake in shares of Liberty Property Trust by 1,026.7% in the second quarter. Macquarie Group Ltd. now owns 423,656 shares of the real estate investment trust’s stock valued at $16,828,000 after buying an additional 386,056 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC increased its stake in shares of Liberty Property Trust by 0.3% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 25,313 shares of the real estate investment trust’s stock valued at $1,005,000 after buying an additional 87 shares during the period. Institutional investors own 97.14% of the company’s stock.

Liberty Property Trust Company Profile

Liberty Property Trust is a real estate investment trust. The Company’s operations are primarily conducted by its subsidiary, Liberty Property Limited Partnership. Its segments include Carolinas; Chicago/Milwaukee; Houston, Lehigh/Central PA; Minnesota; Orlando; Philadelphia; Richmond/Hampton Roads; Southeastern PA; South Florida; Tampa; United Kingdom, and Other, which includes Arizona, Atlanta, Cincinnati/Columbus/Indianapolis, Dallas, Maryland, New Jersey, Northern Virginia, Southern California, Washington DC and other segments.

5 Day Chart for NYSE:LPT

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