Ladenburg Thalmann Financial Services Inc. lowered its stake in Liberty Property Trust (NYSE:LPT) by 4.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,822 shares of the real estate investment trust’s stock after selling 250 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in Liberty Property Trust were worth $191,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Principal Financial Group Inc. increased its stake in shares of Liberty Property Trust by 122.8% in the third quarter. Principal Financial Group Inc. now owns 1,669,505 shares of the real estate investment trust’s stock valued at $67,364,000 after buying an additional 920,251 shares in the last quarter. Macquarie Group Ltd. increased its stake in shares of Liberty Property Trust by 1,026.7% in the second quarter. Macquarie Group Ltd. now owns 423,656 shares of the real estate investment trust’s stock valued at $16,828,000 after buying an additional 386,056 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of Liberty Property Trust during the fourth quarter valued at $13,281,000. Asset Management One Co. Ltd. increased its stake in shares of Liberty Property Trust by 84.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 638,539 shares of the real estate investment trust’s stock valued at $25,061,000 after buying an additional 292,259 shares in the last quarter. Finally, BlackRock Fund Advisors increased its stake in shares of Liberty Property Trust by 4.5% in the third quarter. BlackRock Fund Advisors now owns 6,235,150 shares of the real estate investment trust’s stock valued at $251,588,000 after buying an additional 267,458 shares in the last quarter. Institutional investors and hedge funds own 97.52% of the company’s stock.

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

Liberty Property Trust (NYSE:LPT) opened at 38.57 on Tuesday. Liberty Property Trust has a 12 month low of $31.81 and a 12 month high of $42.26. The stock’s 50 day moving average price is $38.66 and its 200-day moving average price is $39.42. The company has a market capitalization of $5.67 billion, a P/E ratio of 15.87 and a beta of 0.89.

Liberty Property Trust (NYSE:LPT) last announced its quarterly earnings results on Tuesday, February 7th. The real estate investment trust reported $0.41 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.41. The company earned $179.10 million during the quarter, compared to analysts’ expectations of $181.74 million. Liberty Property Trust had a return on equity of 12.02% and a net margin of 47.78%. The firm’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.65 earnings per share. On average, equities research analysts predict that Liberty Property Trust will post $1.07 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Saturday, April 15th. Stockholders of record on Friday, March 31st will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 4.15%. The ex-dividend date is Wednesday, March 29th. Liberty Property Trust’s dividend payout ratio (DPR) is presently 78.19%.

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Several analysts recently weighed in on LPT shares. Capital One Financial Corp. downgraded Liberty Property Trust from an “overweight” rating to an “equal weight” rating and set a $40.00 price objective for the company. in a research report on Monday, February 13th. Wells Fargo & Co upgraded Liberty Property Trust from a “market perform” rating to an “outperform” rating in a research report on Tuesday, December 13th. Mitsubishi UFJ Financial Group downgraded Liberty Property Trust from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $50.00 to $46.00 in a research report on Friday, January 6th. Zacks Investment Research upgraded Liberty Property Trust from a “sell” rating to a “hold” rating in a research report on Monday, January 9th. Finally, Sandler O’Neill downgraded Liberty Property Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, December 14th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $42.00.

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.

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