Liberty Property Trust (NYSE:LPT)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $42.97 and last traded at $42.95, with a volume of 134,002 shares changing hands. The stock had previously closed at $42.73.

Several equities research analysts recently issued reports on LPT shares. Zacks Investment Research raised Liberty Property Trust from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research report on Tuesday. KeyCorp reissued a “hold” rating on shares of Liberty Property Trust in a research report on Friday, August 25th. Stifel Nicolaus reissued a “buy” rating and set a $44.00 price target on shares of Liberty Property Trust in a research report on Thursday, July 6th. Finally, BidaskClub lowered Liberty Property Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $42.67.

The stock’s 50 day moving average is $41.77 and its 200-day moving average is $40.73. The stock has a market cap of $6.32 billion, a price-to-earnings ratio of 18.338 and a beta of 0.88.

Liberty Property Trust (NYSE:LPT) last announced its quarterly earnings data on Tuesday, July 25th. The real estate investment trust reported $0.65 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.03. Liberty Property Trust had a return on equity of 11.37% and a net margin of 47.24%. The company had revenue of $183.13 million for the quarter, compared to analyst estimates of $175.60 million. During the same quarter last year, the firm earned $0.68 EPS. Liberty Property Trust’s revenue for the quarter was down 1.9% compared to the same quarter last year. On average, equities research analysts predict that Liberty Property Trust will post $1.24 earnings per share for the current year.

Large investors have recently made changes to their positions in the company. Robecosam AG grew its holdings in shares of Liberty Property Trust by 107.7% during the 1st quarter. Robecosam AG now owns 2,700 shares of the real estate investment trust’s stock worth $103,000 after purchasing an additional 1,400 shares in the last quarter. Advisor Group Inc. grew its holdings in shares of Liberty Property Trust by 3.9% during the 2nd quarter. Advisor Group Inc. now owns 2,585 shares of the real estate investment trust’s stock worth $105,000 after purchasing an additional 98 shares in the last quarter. Commonwealth Bank of Australia lifted its position in shares of Liberty Property Trust by 4.8% during the 2nd quarter. Commonwealth Bank of Australia now owns 3,119 shares of the real estate investment trust’s stock worth $126,000 after buying an additional 143 shares during the period. First Quadrant L P CA bought a new position in shares of Liberty Property Trust during the 1st quarter worth approximately $136,000. Finally, Mn Services Vermogensbeheer B.V. lifted its position in shares of Liberty Property Trust by 5.5% during the 1st quarter. Mn Services Vermogensbeheer B.V. now owns 3,920 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 206 shares during the period. 91.67% of the stock is currently owned by institutional investors.

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About Liberty Property Trust

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).

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