Tower Research Capital LLC TRC lessened its stake in Liberty Property Trust (NYSE:LPT) by 50.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,112 shares of the real estate investment trust’s stock after selling 11,526 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Liberty Property Trust were worth $493,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. increased its holdings in Liberty Property Trust by 170.8% in the first quarter. Assetmark Inc. now owns 3,366 shares of the real estate investment trust’s stock valued at $134,000 after purchasing an additional 2,123 shares during the last quarter. McKinley Carter Wealth Services Inc. bought a new stake in Liberty Property Trust in the first quarter valued at about $142,000. NumerixS Investment Technologies Inc increased its holdings in Liberty Property Trust by 45.2% in the second quarter. NumerixS Investment Technologies Inc now owns 4,355 shares of the real estate investment trust’s stock valued at $194,000 after purchasing an additional 1,355 shares during the last quarter. US Bancorp DE increased its holdings in Liberty Property Trust by 108.5% in the second quarter. US Bancorp DE now owns 4,363 shares of the real estate investment trust’s stock valued at $193,000 after purchasing an additional 2,270 shares during the last quarter. Finally, Kempner Capital Management Inc. bought a new stake in Liberty Property Trust in the second quarter valued at about $204,000. Institutional investors and hedge funds own 91.23% of the company’s stock.

NYSE:LPT opened at $42.12 on Tuesday. Liberty Property Trust has a 1 year low of $37.77 and a 1 year high of $45.40. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $6.38 billion, a price-to-earnings ratio of 16.10, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61.

Liberty Property Trust (NYSE:LPT) last posted its earnings results on Tuesday, July 24th. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.04. Liberty Property Trust had a return on equity of 7.21% and a net margin of 46.16%. The firm had revenue of $176.60 million during the quarter, compared to analysts’ expectations of $166.69 million. During the same period in the previous year, the firm earned $0.65 earnings per share. equities research analysts anticipate that Liberty Property Trust will post 2.62 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 15th. Shareholders of record on Monday, October 1st will be paid a $0.40 dividend. The ex-dividend date is Friday, September 28th. This represents a $1.60 dividend on an annualized basis and a yield of 3.80%. Liberty Property Trust’s payout ratio is 61.78%.

A number of research firms recently commented on LPT. Sandler O’Neill set a $44.00 price objective on Liberty Property Trust and gave the company a “hold” rating in a report on Wednesday, July 25th. Morgan Stanley dropped their price objective on Liberty Property Trust from $44.00 to $43.00 and set an “equal weight” rating for the company in a report on Thursday, June 14th. Stifel Nicolaus upped their price objective on Liberty Property Trust from $44.00 to $46.00 and gave the company a “buy” rating in a report on Wednesday, July 25th. Zacks Investment Research raised Liberty Property Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, August 8th. Finally, SunTrust Banks reissued a “buy” rating and issued a $47.00 target price on shares of Liberty Property Trust in a research note on Wednesday, August 8th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $44.20.

Liberty Property Trust Profile

Liberty Property Trust (NYSE:LPT) is a leader in commercial real estate, serving customers in the United States and United Kingdom, through the development, acquisition, ownership and management of superior industrial and office properties. Liberty's 103 million square foot operating portfolio provides productive work environments for 1,200 tenants.

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

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