Liberty Property Trust (NYSE:LPT) hit a new 52-week high during trading on Monday . The company traded as high as $53.38 and last traded at $53.28, with a volume of 5948 shares changing hands. The stock had previously closed at $52.67.

A number of equities research analysts recently commented on the company. Goldman Sachs Group assumed coverage on Liberty Property Trust in a research report on Wednesday, May 15th. They issued a “neutral” rating and a $49.00 target price on the stock. Zacks Investment Research upgraded Green Brick Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, April 10th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $48.25.

The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.77 and a current ratio of 2.77. The stock has a 50-day moving average of $50.75. The company has a market cap of $7.81 billion, a price-to-earnings ratio of 24.23, a PEG ratio of 3.40 and a beta of 0.77.

Liberty Property Trust (NYSE:LPT) last released its quarterly earnings data on Tuesday, April 30th. The real estate investment trust reported $0.62 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.02. Liberty Property Trust had a return on equity of 4.61% and a net margin of 57.53%. The business had revenue of $156.89 million for the quarter, compared to analyst estimates of $126.10 million. During the same quarter in the prior year, the firm posted $0.65 EPS. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities analysts expect that Liberty Property Trust will post 2.59 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Monday, July 1st were given a $0.41 dividend. The ex-dividend date was Friday, June 28th. This represents a $1.64 annualized dividend and a yield of 3.09%. Liberty Property Trust’s dividend payout ratio is presently 74.55%.

In other Liberty Property Trust news, CAO Mary Beth Morrissey sold 5,870 shares of the company’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $49.97, for a total value of $293,323.90. Following the sale, the chief accounting officer now owns 57,621 shares in the company, valued at approximately $2,879,321.37. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 1.40% of the company’s stock.

Several hedge funds have recently made changes to their positions in LPT. Northern Trust Corp raised its stake in Liberty Property Trust by 0.9% in the 1st quarter. Northern Trust Corp now owns 2,425,855 shares of the real estate investment trust’s stock valued at $117,460,000 after purchasing an additional 20,799 shares during the last quarter. Deutsche Bank AG raised its stake in Liberty Property Trust by 305.9% in the 4th quarter. Deutsche Bank AG now owns 2,061,811 shares of the real estate investment trust’s stock valued at $86,343,000 after purchasing an additional 1,553,824 shares during the last quarter. Geode Capital Management LLC raised its stake in Liberty Property Trust by 7.3% in the 4th quarter. Geode Capital Management LLC now owns 1,968,261 shares of the real estate investment trust’s stock valued at $82,387,000 after purchasing an additional 133,477 shares during the last quarter. Norges Bank acquired a new position in Liberty Property Trust in the 4th quarter valued at $62,405,000. Finally, FMR LLC raised its stake in Liberty Property Trust by 12.3% in the 1st quarter. FMR LLC now owns 1,008,455 shares of the real estate investment trust’s stock valued at $48,829,000 after purchasing an additional 110,606 shares during the last quarter. 92.34% of the stock is owned by institutional investors and hedge funds.

About Liberty Property Trust (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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