Liberty Property Trust (NYSE:LPT) has been given an average rating of “Hold” by the eleven brokerages that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $42.83.
Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. downgraded Liberty Property Trust from a “neutral” rating to an “underweight” rating and set a $41.00 price objective on the stock. in a report on Friday, December 15th. Morgan Stanley raised their price objective on Liberty Property Trust from $43.00 to $44.00 and gave the company an “equal weight” rating in a report on Friday, December 15th. Zacks Investment Research downgraded Liberty Property Trust from a “hold” rating to a “sell” rating in a report on Wednesday, January 3rd. SunTrust Banks raised Liberty Property Trust from a “hold” rating to a “buy” rating in a report on Monday, January 22nd. Finally, Stifel Nicolaus reissued a “buy” rating and set a $44.00 price objective on shares of Liberty Property Trust in a report on Wednesday, February 7th.
Shares of Liberty Property Trust (LPT) opened at $40.21 on Wednesday. The firm has a market capitalization of $5,997.23, a price-to-earnings ratio of 21.05, a price-to-earnings-growth ratio of 2.62 and a beta of 0.78. Liberty Property Trust has a twelve month low of $37.53 and a twelve month high of $45.40. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.92.
Liberty Property Trust (NYSE:LPT) last issued its earnings results on Tuesday, February 6th. The real estate investment trust reported $0.68 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.65 by $0.03. The firm had revenue of $192.80 million for the quarter, compared to the consensus estimate 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 business posted $0.41 EPS. equities research analysts expect that Liberty Property Trust will post 2.59 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Sunday, April 15th. Investors of record on Monday, April 2nd will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend is Thursday, March 29th. Liberty Property Trust’s dividend payout ratio (DPR) is 83.77%.
Large investors have recently made changes to their positions in the stock. Fieldpoint Private Securities LLC bought a new position in Liberty Property Trust during the 3rd quarter worth $100,000. Spectrum Management Group Inc. bought a new position in Liberty Property Trust during the 3rd quarter worth $168,000. WealthPLAN Partners LLC bought a new position in Liberty Property Trust during the 4th quarter worth $202,000. FDx Advisors Inc. bought a new position in Liberty Property Trust during the 4th quarter worth $204,000. Finally, OppenheimerFunds Inc. bought a new position in Liberty Property Trust during the 4th quarter worth $227,000. 93.27% of the stock is owned by institutional investors and hedge funds.
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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