Zurcher Kantonalbank Zurich Cantonalbank decreased its position in Liberty Property Trust (NYSE:LPT) by 10.7% during the 4th quarter, Holdings Channel reports. The firm owned 28,531 shares of the real estate investment trust’s stock after selling 3,433 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Liberty Property Trust were worth $1,227,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Fieldpoint Private Securities LLC acquired a new stake in Liberty Property Trust in the third quarter valued at $100,000. Advisor Group Inc. grew its holdings 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 purchasing an additional 98 shares during the last quarter. Spectrum Management Group Inc. acquired a new stake in Liberty Property Trust in the third quarter valued at $168,000. Emerald Advisers Inc. PA acquired a new stake in Liberty Property Trust in the third quarter valued at $208,000. Finally, Virtu KCG Holdings LLC acquired a new stake in Liberty Property Trust in the second quarter valued at $212,000. 91.49% of the stock is currently owned by institutional investors.

In related news, Director David L. Lingerfelt sold 18,000 shares of the stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $44.56, for a total transaction of $802,080.00. Following the transaction, the director now directly owns 56,814 shares in the company, valued at $2,531,631.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.50% of the stock is owned by company insiders.

Several research firms have weighed in on LPT. Stifel Nicolaus reissued a “buy” rating and issued a $44.00 target price on shares of Liberty Property Trust in a report on Wednesday, February 7th. Zacks Investment Research lowered Liberty Property Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, January 3rd. Morgan Stanley increased their price objective on Liberty Property Trust from $43.00 to $44.00 and gave the company an “equal weight” rating in a research note on Friday, December 15th. JPMorgan Chase & Co. lowered Liberty Property Trust from a “neutral” rating to an “underweight” rating and set a $41.00 price objective on the stock. in a research note on Friday, December 15th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Liberty Property Trust in a research note on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $43.67.

Shares of Liberty Property Trust (NYSE:LPT) opened at $39.65 on Wednesday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.78 and a current ratio of 1.50. The company has a market capitalization of $5,842.17, a price-to-earnings ratio of 20.76, a P/E/G ratio of 2.54 and a beta of 0.76. Liberty Property Trust has a 52 week low of $37.21 and a 52 week high of $45.40.

Liberty Property Trust (NYSE:LPT) last posted its quarterly earnings data on Tuesday, February 6th. The real estate investment trust reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.03. The business had revenue of $192.80 million for the quarter, compared to analyst estimates of $173.02 million. Liberty Property Trust had a return on equity of 8.59% and a net margin of 37.90%. During the same quarter last year, the company earned $0.41 earnings per share. research analysts expect that Liberty Property Trust will post 2.6 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Tuesday, January 2nd were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date of this dividend was Friday, December 29th. Liberty Property Trust’s payout ratio is currently 83.77%.

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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).

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

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