Liberty Property Trust (NYSE:LPT) shares hit a new 52-week high on Thursday . The company traded as high as $62.74 and last traded at $62.68, with a volume of 61956 shares changing hands. The stock had previously closed at $62.19.

A number of equities research analysts have recently weighed in on LPT shares. Zacks Investment Research raised shares of Liberty Property Trust from a “sell” rating to a “hold” rating and set a $66.00 price objective on the stock in a report on Thursday, November 28th. ValuEngine downgraded shares of Liberty Property Trust from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Morgan Stanley increased their price objective on shares of Liberty Property Trust from $49.00 to $54.00 and gave the company an “equal weight” rating in a report on Monday, October 7th. Finally, Wells Fargo & Co downgraded shares of Liberty Property Trust from an “outperform” rating to a “market perform” rating and increased their price objective for the company from $57.00 to $59.00 in a report on Monday, November 4th. Six analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and a consensus target price of $56.20.

The company has a quick ratio of 7.33, a current ratio of 7.33 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $9.62 billion, a PE ratio of 28.39, a P/E/G ratio of 3.82 and a beta of 0.77. The firm’s 50 day moving average price is $60.44 and its two-hundred day moving average price is $54.82.

Liberty Property Trust (NYSE:LPT) last released its earnings results on Tuesday, October 29th. The real estate investment trust reported $0.66 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.03. Liberty Property Trust had a net margin of 64.23% and a return on equity of 5.79%. The firm had revenue of $163.20 million for the quarter, compared to analysts’ expectations of $163.43 million. During the same quarter last year, the company earned $0.69 EPS. Liberty Property Trust’s quarterly revenue was up 1.2% on a year-over-year basis. On average, sell-side analysts anticipate that Liberty Property Trust will post 2.54 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd were issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.62%. The ex-dividend date of this dividend was Tuesday, December 31st. Liberty Property Trust’s dividend payout ratio (DPR) is currently 74.55%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. 6 Meridian boosted its stake in Liberty Property Trust by 2.8% during the 4th quarter. 6 Meridian now owns 10,800 shares of the real estate investment trust’s stock valued at $649,000 after purchasing an additional 290 shares during the last quarter. Oakbrook Investments LLC raised its stake in Liberty Property Trust by 3.6% during the 3rd quarter. Oakbrook Investments LLC now owns 8,550 shares of the real estate investment trust’s stock worth $439,000 after acquiring an additional 300 shares in the last quarter. Presima Inc. raised its stake in Liberty Property Trust by 5.5% during the 3rd quarter. Presima Inc. now owns 7,700 shares of the real estate investment trust’s stock worth $395,000 after acquiring an additional 400 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in Liberty Property Trust by 7.6% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 5,731 shares of the real estate investment trust’s stock worth $287,000 after acquiring an additional 405 shares in the last quarter. Finally, LS Investment Advisors LLC raised its stake in Liberty Property Trust by 3.8% during the 3rd quarter. LS Investment Advisors LLC now owns 11,723 shares of the real estate investment trust’s stock worth $602,000 after acquiring an additional 425 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors.

Liberty Property Trust Company Profile (NYSE:LPT)

Liberty Property Trust 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 logistics, warehouse, manufacturing, and R&D facilities in key markets. Liberty's 108 million square foot operating portfolio provides productive work environments to 1,200 tenants.

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