World Asset Management Inc raised its stake in shares of Liberty Property Trust (NYSE:LPT) by 1.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,453 shares of the real estate investment trust’s stock after buying an additional 196 shares during the period. World Asset Management Inc’s holdings in Liberty Property Trust were worth $466,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. First Citizens Bank & Trust Co. raised its stake in Liberty Property Trust by 14.0% in the first quarter. First Citizens Bank & Trust Co. now owns 10,831 shares of the real estate investment trust’s stock valued at $418,000 after buying an additional 1,327 shares during the last quarter. ProShare Advisors LLC raised its stake in Liberty Property Trust by 178.5% in the first quarter. ProShare Advisors LLC now owns 148,414 shares of the real estate investment trust’s stock valued at $2,026,000 after buying an additional 95,126 shares during the last quarter. Profund Advisors LLC raised its stake in Liberty Property Trust by 2.8% in the first quarter. Profund Advisors LLC now owns 24,685 shares of the real estate investment trust’s stock valued at $952,000 after buying an additional 681 shares during the last quarter. PGGM Investments raised its stake in Liberty Property Trust by 108.7% in the first quarter. PGGM Investments now owns 2,790,000 shares of the real estate investment trust’s stock valued at $107,554,000 after buying an additional 1,453,000 shares during the last quarter. Finally, Mn Services Vermogensbeheer B.V. raised its stake in Liberty Property Trust by 5.5% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 3,920 shares of the real estate investment trust’s stock valued at $141,000 after buying an additional 206 shares during the last quarter. 91.52% of the stock is owned by hedge funds and other institutional investors.

Shares of Liberty Property Trust (LPT) opened at 40.73 on Friday. The stock has a market capitalization of $6.00 billion, a price-to-earnings ratio of 17.42 and a beta of 0.88. Liberty Property Trust has a 12-month low of $36.22 and a 12-month high of $42.80. The company has a 50-day moving average of $41.34 and a 200 day moving average of $40.32.

Liberty Property Trust (NYSE:LPT) last posted its quarterly earnings data on Tuesday, July 25th. The real estate investment trust reported $0.65 EPS for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.03. The business had revenue of $183.13 million during the quarter, compared to analysts’ expectations of $175.60 million. Liberty Property Trust had a return on equity of 11.37% and a net margin of 47.24%. The business’s revenue was down 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.68 earnings per share. Analysts predict that Liberty Property Trust will post $1.24 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, July 15th. Stockholders of record on Monday, July 3rd were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date was Thursday, June 29th. Liberty Property Trust’s dividend payout ratio (DPR) is presently 68.38%.

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Several equities research analysts have recently commented on the stock. BidaskClub lowered shares of Liberty Property Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. Zacks Investment Research raised shares of Liberty Property Trust from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a research report on Wednesday, June 28th. Finally, Stifel Nicolaus upped their price target on shares of Liberty Property Trust from $42.00 to $44.00 and gave the company a “buy” rating in a research report on Wednesday, April 26th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $42.33.

About Liberty Property Trust

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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