Liberty Property Trust logoLiberty Property Trust (NYSE: LPT) CAO Mary Beth Morrissey sold five,870 shares of Liberty Property Trust inventory in a transaction dated Wednesday, May 1st. The stock was offered at a mean price of $ forty-nine.Ninety-seven, for a total fee of $293,323.Ninety. Following the finishing touch of the sale, the leader accounting officer now owns 57,621 shares of the organization’s inventory, valued at $2,879,321.37. The sale changed into disclosed in a report filed with the Securities & Exchange Commission, which can be accessed through the SEC internet site.
Liberty Property Trust stock opened at $48.08 on Friday. The stock has a marketplace cap of $7.34 billion, a PE ratio of 21.Eighty-five, a P/E/G ratio of 3.20 and a beta of zero.Seventy-seven. Liberty Property Trust has a 1 12 months low of $39.Eighty-two and a 1 yr excessive of $50.Forty eight. The corporation has a debt-to-fairness ratio of zero. Ninety-two, a present-day ratio of 2.Seventy seven and a short ratio of 2.68.
Liberty Property Trust (NYSE: LPT) final posted its profits consequences on Tuesday, April 30th. The real property funding trust mentioned $zero.62 income in keeping with proportion (EPS) for the sector, topping the Thomson Reuters’ consensus estimate of $zero.60 via $0.02. The business enterprise had revenue of $156.89 million at some point of the region, as compared to analyst estimates of $126.10 million. Liberty Property Trust had a return on equity of four.61% and an internet margin of fifty seven.53%. The business enterprise’s revenue for the quarter changed into up 7.2% compared to the identical region ultimate yr. During the identical period in the previous 12 months, the organization earned $0.65 EPS. Equities analysts forecast that Liberty Property Trust will submit 2.Fifty eight EPS for the cutting-edge yr.
The commercial enterprise also recently announced a quarterly dividend, which became paid on Monday, April 15th. Stockholders of the report on Monday, April 1st have been given a dividend of $zero.Forty-one in line with proportion. This is a fantastic change from Liberty Property Trust’s preceding quarterly dividend of $0.40. This represents a $1.64 annualized dividend and a dividend yield of 3.Forty one%. The ex-dividend date of this dividend changed into Friday, March 29th. Liberty Property Trust’s payout ratio is presently 74.Fifty-five %.
A number of analysts currently commented at the employer. Zacks Investment Research lowered Liberty Property Trust from a “purchase” score to a “keep” score in a studies report on Wednesday, April 10th. SunTrust Banks lowered Liberty Property Trust from a “buy” rating to a “keep” rating in a research report on Tuesday, January 15th. Six analysts have rated the inventory with a maintain score and have assigned a purchase rating to the enterprise. Liberty Property Trust has an average rating of “Hold” and a consensus price target of $forty six.17.
Several institutional investors have currently offered and sold shares of LPT. ERTS Wealth Advisors LLC acquired a new role in stocks of Liberty Property Trust at some point of the 4th sector really worth approximately $33,000. Quadrant Capital Group LLC grew its function in stocks of Liberty Property Trust by means of seventy four.1% in the course of the first region. Quadrant Capital Group LLC now owns 940 shares of the actual property investment accept as true with’s stock worth $40,000 after buying an additional 400 shares during the duration. Meeder Asset Management Inc. Received a brand new function in shares of Liberty Property Trust at some stage in the 4th sector worth about $ forty-one,000. Fort L.P. Acquired a brand new position in shares of Liberty Property Trust at some stage in the 4th are really worth about $44,000. Finally, Princeton Capital Management LLC grew its position in stocks of Liberty Property Trust by 37.5% throughout the 1st area. Princeton Capital Management LLC now owns 1,077 shares of the actual estate investment trust’s stock really worth $52,000 after shopping for a further 294 stocks throughout the length. Institutional investors very own ninety four.03% of the organization’s inventory.
Liberty Property Trust Company Profile
Liberty Property Trust (NYSE: LPT) is a leader in commercial real property, serving customers in the United States and the United Kingdom, thru the development, acquisition, ownership, and management of superior logistics, warehouse, manufacturing, and R&D facilities in key markets. Liberty’s 106 million rectangular foot operating portfolio offers productive paintings environments to one,2 hundred tenants.