Maple Capital Management Inc. reduced its holdings in Liberty Property Trust (NYSE:LPT) by 7.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,689 shares of the real estate investment trust’s stock after selling 3,725 shares during the period. Maple Capital Management Inc.’s holdings in Liberty Property Trust were worth $1,913,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Hill Winds Capital LP purchased a new position in shares of Liberty Property Trust in the 4th quarter worth $7,957,000. Nisa Investment Advisors LLC lifted its holdings in shares of Liberty Property Trust by 7.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 68,726 shares of the real estate investment trust’s stock worth $2,878,000 after acquiring an additional 4,963 shares during the last quarter. Zimmer Partners LP lifted its holdings in shares of Liberty Property Trust by 95.0% in the 3rd quarter. Zimmer Partners LP now owns 487,500 shares of the real estate investment trust’s stock worth $20,597,000 after acquiring an additional 237,500 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Liberty Property Trust by 84.5% in the 3rd quarter. SG Americas Securities LLC now owns 133,768 shares of the real estate investment trust’s stock worth $5,652,000 after acquiring an additional 61,274 shares during the last quarter. Finally, BlackRock Inc. lifted its holdings in shares of Liberty Property Trust by 2.4% in the 4th quarter. BlackRock Inc. now owns 20,474,937 shares of the real estate investment trust’s stock worth $857,491,000 after acquiring an additional 478,128 shares during the last quarter. 93.54% of the stock is owned by institutional investors and hedge funds.

In related news, Director David L. Lingerfelt sold 2,200 shares of Liberty Property Trust stock in a transaction dated Thursday, February 7th. The shares were sold at an average price of $47.24, for a total transaction of $103,928.00. Following the completion of the sale, the director now owns 50,915 shares in the company, valued at approximately $2,405,224.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CIO Michael T. Hagan sold 27,626 shares of Liberty Property Trust stock in a transaction dated Wednesday, February 27th. The shares were sold at an average price of $47.22, for a total transaction of $1,304,499.72. Following the sale, the executive now owns 194,052 shares of the company’s stock, valued at approximately $9,163,135.44. The disclosure for this sale can be found here. Insiders have sold a total of 36,063 shares of company stock valued at $1,700,007 in the last quarter. 1.20% of the stock is currently owned by company insiders.

LPT has been the subject of several analyst reports. ValuEngine upgraded shares of Liberty Property Trust from a “hold” rating to a “buy” rating in a report on Wednesday, November 21st. Zacks Investment Research lowered shares of Liberty Property Trust from a “hold” rating to a “sell” rating in a report on Thursday, January 3rd. Mitsubishi UFJ Financial Group lowered shares of Liberty Property Trust from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $47.00 to $42.00 in a report on Friday, January 4th. Finally, SunTrust Banks lowered shares of Liberty Property Trust from a “buy” rating to a “hold” rating in a report on Tuesday, January 15th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $44.83.

Liberty Property Trust stock opened at $48.59 on Friday. The stock has a market capitalization of $7.19 billion, a PE ratio of 22.09, a PEG ratio of 3.14 and a beta of 0.77. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.68 and a quick ratio of 2.68. Liberty Property Trust has a 12-month low of $38.58 and a 12-month high of $49.08.

Liberty Property Trust (NYSE:LPT) last released its earnings results on Tuesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.11. Liberty Property Trust had a net margin of 66.67% and a return on equity of 4.81%. The firm had revenue of $124.90 million during the quarter, compared to analyst estimates of $123.19 million. During the same quarter last year, the business earned $0.68 EPS. The business’s revenue was up 9.2% on a year-over-year basis. Research analysts forecast that Liberty Property Trust will post 2.58 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Monday, April 1st will be issued a dividend of $0.41 per share. This is a positive change from Liberty Property Trust’s previous quarterly dividend of $0.40. The ex-dividend date is Friday, March 29th. This represents a $1.64 dividend on an annualized basis and a yield of 3.38%. Liberty Property Trust’s dividend payout ratio (DPR) is presently 72.73%.

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About Liberty Property Trust

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 industrial and office properties. Liberty's 103.5 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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