Liberty Property Trust (NYSE:LPT)’s share price reached a new 52-week high on Thursday . The company traded as high as $41.10 and last traded at $40.98, with a volume of 250,816 shares traded. The stock had previously closed at $40.93.

A number of equities analysts recently weighed in on LPT shares. Zacks Investment Research upgraded shares of Liberty Property Trust from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research report on Monday, June 20th. Citigroup Inc. upped their target price on shares of Liberty Property Trust from $34.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday, July 7th. TheStreet upgraded shares of Liberty Property Trust from a “hold” rating to a “buy” rating in a research report on Wednesday, April 6th. Stifel Nicolaus upgraded shares of Liberty Property Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, April 27th. They noted that the move was a valuation call. Finally, BMO Capital Markets restated a “hold” rating on shares of Liberty Property Trust in a research report on Thursday, April 28th. Nine 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 currently has a consensus rating of “Hold” and an average target price of $36.50.

The company’s 50-day moving average is $38.86 and its 200-day moving average is $33.74. The firm has a market capitalization of $5.91 billion and a price-to-earnings ratio of 22.65.

Liberty Property Trust (NYSE:LPT) last posted its quarterly earnings results on Tuesday, April 26th. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. The business had revenue of $190.14 million for the quarter, compared to analysts’ expectations of $195.65 million. The business’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.70 earnings per share. Equities research analysts forecast that Liberty Property Trust will post $2.48 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Friday, July 1st were given a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 4.71%. The ex-dividend date was Wednesday, June 29th.

A number of institutional investors have bought and sold shares of the company. Russell Frank Co raised its position in Liberty Property Trust by 7.4% in the fourth quarter. Russell Frank Co now owns 388,794 shares of the real estate investment trust’s stock worth $12,230,000 after buying an additional 26,832 shares in the last quarter. Great West Life Assurance Co. Can raised its position in Liberty Property Trust by 0.9% in the fourth quarter. Great West Life Assurance Co. Can now owns 72,141 shares of the real estate investment trust’s stock valued at $2,241,000 after buying an additional 643 shares during the period. Swiss National Bank raised its position in Liberty Property Trust by 1.6% in the fourth quarter. Swiss National Bank now owns 270,848 shares of the real estate investment trust’s stock valued at $8,410,000 after buying an additional 4,200 shares during the period. Sei Investments Co. raised its position in Liberty Property Trust by 36.5% in the fourth quarter. Sei Investments Co. now owns 63,684 shares of the real estate investment trust’s stock valued at $1,977,000 after buying an additional 17,029 shares during the period. Finally, Rhumbline Advisers raised its position in Liberty Property Trust by 1.4% in the fourth quarter. Rhumbline Advisers now owns 236,326 shares of the real estate investment trust’s stock valued at $7,338,000 after buying an additional 3,187 shares during the period.

Liberty Property Trust (the Trust) is a self-administered and self-managed Maryland real estate investment trust. The Trust’s operations are conducted through its subsidiary, Liberty Property Limited Partnership (Operating Partnership or the Company), a Pennsylvania limited partnership. The Company provides leasing, property management, development and other tenant-related services for the properties under development and the properties in operation.

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