LS Investment Advisors LLC increased its stake in Liberty Property Trust (NYSE:LPT) by 12.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,850 shares of the real estate investment trust’s stock after buying an additional 1,929 shares during the period. LS Investment Advisors LLC’s holdings in Liberty Property Trust were worth $727,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Telos Capital Management Inc. raised its position in shares of Liberty Property Trust by 0.7% in the first quarter. Telos Capital Management Inc. now owns 7,672 shares of the real estate investment trust’s stock valued at $296,000 after buying an additional 53 shares during the period. Shell Asset Management Co. raised its position in shares of Liberty Property Trust by 1.0% in the first quarter. Shell Asset Management Co. now owns 8,681 shares of the real estate investment trust’s stock valued at $335,000 after buying an additional 84 shares during the period. Westwood Holdings Group Inc. raised its stake in Liberty Property Trust by 0.5% in the first quarter. Westwood Holdings Group Inc. now owns 23,908 shares of the real estate investment trust’s stock valued at $922,000 after buying an additional 115 shares during the last quarter. Capstone Asset Management Co. raised its stake in Liberty Property Trust by 1.3% in the first quarter. Capstone Asset Management Co. now owns 14,797 shares of the real estate investment trust’s stock valued at $570,000 after buying an additional 190 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its stake in Liberty Property Trust by 0.7% in the first quarter. Daiwa Securities Group Inc. now owns 28,300 shares of the real estate investment trust’s stock valued at $1,091,000 after buying an additional 200 shares during the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Liberty Property Trust (NYSE:LPT) traded down 0.19% on Friday, hitting $41.23. 1,381,406 shares of the stock were exchanged. The company’s 50 day moving average is $41.36 and its 200 day moving average is $40.40. The stock has a market cap of $6.07 billion, a PE ratio of 17.63 and a beta of 0.88. Liberty Property Trust has a 1-year low of $36.22 and a 1-year high of $42.80.

Liberty Property Trust (NYSE:LPT) last posted its quarterly earnings results on Tuesday, July 25th. The real estate investment trust reported $0.65 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.03. Liberty Property Trust had a net margin of 47.24% and a return on equity of 11.37%. The firm had revenue of $183.13 million for the quarter, compared to the consensus estimate of $175.60 million. During the same quarter in the previous year, the company earned $0.68 earnings per share. The business’s revenue was down 1.9% compared to the same quarter last year. On average, equities research analysts expect that Liberty Property Trust will post $1.24 earnings per share for the current year.

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A number of equities research analysts recently weighed in on LPT shares. BidaskClub lowered shares of Liberty Property Trust from a “buy” rating to a “hold” rating in a report on Wednesday, June 21st. Stifel Nicolaus reaffirmed a “buy” rating and set a $44.00 price target on shares of Liberty Property Trust in a report on Thursday, July 6th. Finally, Zacks Investment Research raised shares of Liberty Property Trust from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $42.50.

Liberty Property Trust Company Profile

Liberty Property Trust (the Trust) is a self-administered and self-managed Maryland real estate investment trust (REIT). The Trust’s assets are owned directly or indirectly, and substantially all of the Trust’s operations are conducted directly or indirectly, by its subsidiary, Liberty Property Limited Partnership (the Operating Partnership).

Institutional Ownership by Quarter for Liberty Property Trust (NYSE:LPT)

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