Liberty Property Trust (NYSE:LPT)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $41.50 and last traded at $41.32, with a volume of 552,029 shares. The stock had previously closed at $40.19.

A number of equities analysts have recently commented on the stock. Citigroup Inc. lifted their price target on shares of Liberty Property Trust from $34.00 to $41.00 and gave the stock a “neutral” rating in a report on Thursday, July 7th. Zacks Investment Research lowered shares of Liberty Property Trust from a “buy” rating to a “hold” rating in a report on Tuesday, June 21st. BMO Capital Markets reiterated a “hold” rating on shares of Liberty Property Trust in a report on Thursday, April 28th. Stifel Nicolaus upgraded shares of Liberty Property Trust from a “sell” rating to a “hold” rating in a report on Wednesday, April 27th. They noted that the move was a valuation call. Finally, TheStreet upgraded shares of Liberty Property Trust from a “hold” rating to a “buy” rating in a report on Wednesday, April 6th. Nine investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $36.50.

The firm’s 50 day moving average is $39.62 and its 200-day moving average is $34.38. The company has a market capitalization of $6.07 billion and a PE ratio of 21.95.

Liberty Property Trust (NYSE:LPT) last issued its quarterly earnings results on Tuesday, July 26th. The real estate investment trust reported $0.68 EPS for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.04. The company earned $186.65 million during the quarter, compared to the consensus estimate of $191.42 million. Liberty Property Trust’s quarterly revenue was down 8.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.67 EPS. On average, analysts predict that Liberty Property Trust will post $2.45 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Friday, July 1st were issued a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date was Wednesday, June 29th.

Several institutional investors recently modified their holdings of the company. PNC Financial Services Group Inc. raised its position in shares of Liberty Property Trust by 421.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 56,547 shares of the real estate investment trust’s stock worth $1,755,000 after buying an additional 45,704 shares during the last quarter. Cornerstone Capital Management Holdings LLC. raised its position in shares of Liberty Property Trust by 26.4% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 112,292 shares of the real estate investment trust’s stock worth $3,487,000 after buying an additional 23,445 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its position in shares of Liberty Property Trust by 3.1% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 38,645 shares of the real estate investment trust’s stock worth $1,200,000 after buying an additional 1,146 shares during the last quarter. Andra AP fonden raised its position in shares of Liberty Property Trust by 6.8% in the fourth quarter. Andra AP fonden now owns 89,200 shares of the real estate investment trust’s stock worth $2,770,000 after buying an additional 5,700 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Liberty Property Trust by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 21,318,656 shares of the real estate investment trust’s stock worth $661,945,000 after buying an additional 515,645 shares during the last quarter.

Liberty Property Trust is a real estate investment trust. The Company’s operations are primarily conducted by its subsidiary, Liberty Property Limited Partnership. Its segments include Carolinas; Chicago/Milwaukee; Houston, Lehigh/Central PA; Minnesota; Orlando; Philadelphia; Richmond/Hampton Roads; Southeastern PA; South Florida; Tampa; United Kingdom, and Other, which includes Arizona, Atlanta, Cincinnati/Columbus/Indianapolis, Dallas, Maryland, New Jersey, Northern Virginia, Southern California, Washington DC and other segments.

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