Liberty Property Trust (NYSE:LPT) – Investment analysts at Capital One Financial Corp. issued their FY2018 earnings per share (EPS) estimates for Liberty Property Trust in a research report issued to clients and investors on Sunday. Capital One Financial Corp. analyst T. Lesnick anticipates that the brokerage will post earnings per share of $2.64 for the year. Capital One Financial Corp. has a “Overweight” rating and a $41.00 price target on the stock.

Liberty Property Trust (NYSE:LPT) last released its quarterly earnings results on Tuesday, July 26th. The real estate investment trust reported $0.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.04. Liberty Property Trust had a return on equity of 9.36% and a net margin of 35.96%. The company had revenue of $186.65 million for the quarter, compared to analyst estimates of $191.42 million. During the same quarter in the prior year, the firm posted $0.67 EPS. Liberty Property Trust’s quarterly revenue was down 8.3% compared to the same quarter last year.

Earnings History and Estimates for Liberty Property Trust (NYSE:LPT)

Several other equities research analysts have also issued reports on LPT. Zacks Investment Research upgraded shares of Liberty Property Trust from a “hold” rating to a “buy” rating and set a $43.00 price target on the stock in a research note on Monday, June 20th. Citigroup Inc. lifted their price target on shares of Liberty Property Trust from $34.00 to $41.00 and gave the company a “neutral” rating in a research note on Thursday, July 7th. BTIG Research started coverage on shares of Liberty Property Trust in a research note on Thursday, August 25th. They issued a “neutral” rating on the stock. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $38.00 price target on shares of Liberty Property Trust in a research note on Tuesday, September 6th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the stock. Liberty Property Trust has an average rating of “Hold” and a consensus price target of $37.57.

Liberty Property Trust (NYSE:LPT) traded up 1.05% during mid-day trading on Tuesday, reaching $40.25. The company had a trading volume of 610,503 shares. The stock has a 50 day moving average of $40.18 and a 200 day moving average of $38.47. Liberty Property Trust has a 52 week low of $26.94 and a 52 week high of $42.26. The stock has a market capitalization of $5.91 billion, a price-to-earnings ratio of 21.35 and a beta of 0.97.

Several hedge funds have recently made changes to their positions in LPT. Legal & General Group Plc increased its stake in shares of Liberty Property Trust by 3.3% in the first quarter. Legal & General Group Plc now owns 883,262 shares of the real estate investment trust’s stock valued at $29,553,000 after buying an additional 28,365 shares during the last quarter. Heitman Real Estate Securities LLC bought a new stake in shares of Liberty Property Trust during the first quarter valued at approximately $78,144,000. Royal Bank of Canada increased its stake in shares of Liberty Property Trust by 5.6% in the first quarter. Royal Bank of Canada now owns 2,847,251 shares of the real estate investment trust’s stock valued at $95,269,000 after buying an additional 152,216 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Liberty Property Trust by 4.7% in the first quarter. Geode Capital Management LLC now owns 1,182,104 shares of the real estate investment trust’s stock valued at $39,539,000 after buying an additional 53,472 shares during the last quarter. Finally, Prudential PLC increased its stake in shares of Liberty Property Trust by 44.4% in the first quarter. Prudential PLC now owns 10,400 shares of the real estate investment trust’s stock valued at $348,000 after buying an additional 3,200 shares during the last quarter. 97.08% of the stock is owned by institutional investors and hedge funds.

The business also recently announced a quarterly dividend, which was paid on Monday, October 17th. Investors of record on Monday, October 3rd were issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 4.77%. The ex-dividend date was Thursday, September 29th. Liberty Property Trust’s payout ratio is 101.06%.

About Liberty Property Trust

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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