KeyCorp reissued their hold rating on shares of Liberty Property Trust (NYSE:LPT) in a report released on Friday.

LPT has been the topic of several other reports. Stifel Nicolaus reiterated a buy rating and set a $44.00 price objective on shares of Liberty Property Trust in a research report on Thursday, July 6th. Zacks Investment Research upgraded shares of Liberty Property Trust from a hold rating to a buy rating and set a $46.00 price objective on the stock in a research report on Wednesday, June 28th. Finally, BidaskClub cut shares of Liberty Property Trust from a buy rating to a hold rating in a research report on Wednesday, June 21st. 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 company. Liberty Property Trust has an average rating of Hold and an average price target of $42.50.

Shares of Liberty Property Trust (NYSE LPT) opened at 42.16 on Friday. The firm has a 50-day moving average price of $41.49 and a 200 day moving average price of $40.53. Liberty Property Trust has a one year low of $36.22 and a one year high of $42.80. The firm has a market capitalization of $6.21 billion, a price-to-earnings ratio of 18.03 and a beta of 0.88.

Liberty Property Trust (NYSE:LPT) last posted its quarterly earnings data on Tuesday, July 25th. The real estate investment trust reported $0.65 earnings per share for the quarter, topping the 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 analysts’ expectations of $175.60 million. During the same period in the previous year, the company posted $0.68 EPS. The company’s quarterly revenue was down 1.9% compared to the same quarter last year. Equities analysts forecast that Liberty Property Trust will post $1.24 earnings per share for the current fiscal year.

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Several large investors have recently modified their holdings of LPT. Teachers Advisors LLC raised its stake in shares of Liberty Property Trust by 16.5% in the fourth quarter. Teachers Advisors LLC now owns 182,362 shares of the real estate investment trust’s stock worth $7,203,000 after buying an additional 25,870 shares during the period. Capstone Asset Management Co. raised its stake in shares of 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 worth $570,000 after buying an additional 190 shares during the period. Mn Services Vermogensbeheer B.V. raised its stake in shares of Liberty Property Trust by 5.5% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 3,920 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 206 shares during the period. Profund Advisors LLC raised its stake in shares of Liberty Property Trust by 2.8% in the first quarter. Profund Advisors LLC now owns 24,685 shares of the real estate investment trust’s stock worth $952,000 after buying an additional 681 shares during the period. Finally, ProShare Advisors LLC raised its stake in shares of Liberty Property Trust by 178.5% in the first quarter. ProShare Advisors LLC now owns 148,414 shares of the real estate investment trust’s stock worth $2,026,000 after buying an additional 95,126 shares during the period. 91.64% of the stock is owned by institutional investors.

About Liberty Property Trust

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).

Analyst Recommendations for Liberty Property Trust (NYSE:LPT)

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