Shares of Liberty Property Trust (NYSE:LPT) have received an average recommendation of “Hold” from the eleven research firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $41.50.

LPT has been the topic of a number of recent research reports. BMO Capital Markets reaffirmed a “hold” rating and set a $40.00 price objective on shares of Liberty Property Trust in a research note on Wednesday, March 22nd. Mitsubishi UFJ Financial Group reaffirmed an “overweight” rating on shares of Liberty Property Trust in a research note on Thursday, March 30th. Stifel Nicolaus raised their price objective on Liberty Property Trust from $42.00 to $44.00 and gave the company a “buy” rating in a research note on Wednesday, April 26th. BidaskClub cut Liberty Property Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. Finally, Zacks Investment Research raised Liberty Property Trust from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a research note on Wednesday, June 28th.

Shares of Liberty Property Trust (LPT) opened at 40.36 on Friday. The company’s 50 day moving average price is $41.58 and its 200 day moving average price is $40.01. Liberty Property Trust has a 12-month low of $36.22 and a 12-month high of $42.80. The firm has a market cap of $5.94 billion, a P/E ratio of 17.33 and a beta of 0.88.

Liberty Property Trust (NYSE:LPT) last released its earnings results on Tuesday, April 25th. The real estate investment trust reported $0.60 EPS for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.02. The business had revenue of $175.40 million for the quarter, compared to analysts’ expectations of $177.25 million. Liberty Property Trust had a return on equity of 11.44% and a net margin of 46.77%. The firm’s revenue was down 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.62 earnings per share. Equities research analysts forecast that Liberty Property Trust will post $1.26 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Saturday, July 15th. Shareholders of record on Monday, July 3rd will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date of this dividend is Thursday, June 29th. Liberty Property Trust’s dividend payout ratio is 68.67%.

WARNING: “Liberty Property Trust (LPT) Receives Consensus Rating of “Hold” from Brokerages” was reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/07/07/liberty-property-trust-lpt-receives-consensus-rating-of-hold-from-brokerages.html.

Several institutional investors have recently made changes to their positions in LPT. Retirement Systems of Alabama increased its position in shares of Liberty Property Trust by 75.4% in the first quarter. Retirement Systems of Alabama now owns 332,868 shares of the real estate investment trust’s stock worth $12,832,000 after buying an additional 143,047 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of Liberty Property Trust by 29.8% in the first quarter. State of Alaska Department of Revenue now owns 72,480 shares of the real estate investment trust’s stock worth $2,793,000 after buying an additional 16,620 shares in the last quarter. Louisiana State Employees Retirement System increased its position in shares of Liberty Property Trust by 2.2% in the first quarter. Louisiana State Employees Retirement System now owns 37,100 shares of the real estate investment trust’s stock worth $1,430,000 after buying an additional 800 shares in the last quarter. Capstone Asset Management Co. increased its position in shares of Liberty Property Trust by 1.3% in the first quarter. Capstone Asset Management Co. now owns 14,797 shares of the real estate investment trust’s stock worth $570,000 after buying an additional 190 shares in the last quarter. Finally, Bank of Montreal Can increased its position in shares of Liberty Property Trust by 407.4% in the first quarter. Bank of Montreal Can now owns 1,082,608 shares of the real estate investment trust’s stock worth $41,734,000 after buying an additional 869,239 shares in the last quarter. 91.60% 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).

Analyst Recommendations for Liberty Property Trust (NYSE:LPT)

Receive News & Ratings for Liberty Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.