Stifel Nicolaus reaffirmed their buy rating on shares of Liberty Property Trust (NYSE:LPT) in a research note issued to investors on Wednesday. Stifel Nicolaus currently has a $44.00 price objective on the real estate investment trust’s stock.

Other analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of Liberty Property Trust from a hold rating to a sell rating in a report on Wednesday, January 3rd. Morgan Stanley raised their price target on shares of Liberty Property Trust from $43.00 to $44.00 and gave the stock an equal weight rating in a report on Friday, December 15th. JPMorgan Chase & Co. cut shares of Liberty Property Trust from a neutral rating to an underweight rating and set a $41.00 price target for the company. in a report on Friday, December 15th. KeyCorp restated a hold rating on shares of Liberty Property Trust in a report on Tuesday, October 24th. Finally, SunTrust Banks upgraded shares of Liberty Property Trust from a hold rating to a buy rating in a report on Monday, January 22nd. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The company has an average rating of Hold and a consensus target price of $43.14.

Liberty Property Trust (NYSE:LPT) opened at $40.19 on Wednesday. The firm has a market cap of $5,839.23, a P/E ratio of 15.29, a PEG ratio of 2.53 and a beta of 0.76. The company has a quick ratio of 1.78, a current ratio of 1.50 and a debt-to-equity ratio of 0.92. Liberty Property Trust has a 1 year low of $37.21 and a 1 year high of $45.40.

Liberty Property Trust (NYSE:LPT) last released its earnings results on Tuesday, February 6th. The real estate investment trust reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.03. The business had revenue of $192.80 million for the quarter, compared to the consensus estimate of $173.02 million. Liberty Property Trust had a net margin of 37.90% and a return on equity of 8.59%. During the same period last year, the firm posted $0.41 earnings per share. research analysts predict that Liberty Property Trust will post 2.61 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Tuesday, January 2nd were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date of this dividend was Friday, December 29th. Liberty Property Trust’s dividend payout ratio (DPR) is presently 83.77%.

In other Liberty Property Trust news, Director David L. Lingerfelt sold 18,000 shares of Liberty Property Trust stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $44.56, for a total value of $802,080.00. Following the completion of the sale, the director now directly owns 56,814 shares in the company, valued at $2,531,631.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of LPT. Advisor Group Inc. lifted its stake in Liberty Property Trust by 3.9% in the second quarter. Advisor Group Inc. now owns 2,585 shares of the real estate investment trust’s stock valued at $105,000 after acquiring an additional 98 shares during the last quarter. Parametric Portfolio Associates LLC lifted its stake in Liberty Property Trust by 5.3% in the second quarter. Parametric Portfolio Associates LLC now owns 166,886 shares of the real estate investment trust’s stock valued at $6,794,000 after acquiring an additional 8,380 shares during the last quarter. Virtu KCG Holdings LLC acquired a new stake in Liberty Property Trust in the second quarter valued at approximately $212,000. OxFORD Asset Management LLP acquired a new stake in Liberty Property Trust in the second quarter valued at approximately $440,000. Finally, Stifel Financial Corp lifted its stake in Liberty Property Trust by 2.1% in the second quarter. Stifel Financial Corp now owns 43,934 shares of the real estate investment trust’s stock valued at $1,787,000 after acquiring an additional 893 shares during the last quarter. Hedge funds and other institutional investors own 91.63% of the company’s stock.

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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).

Analyst Recommendations for Liberty Property Trust (NYSE:LPT)

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