Liberty Property Trust (LPT) Shares Bought by Martingale Asset Management L P

Martingale Asset Management L P grew its position in shares of Liberty Property Trust (NYSE:LPT) by 38.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 293,722 shares of the real estate investment trust’s stock after purchasing an additional 81,034 shares during the quarter. Martingale Asset Management L P’s holdings in Liberty Property Trust were worth $12,411,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of LPT. Bessemer Group Inc. boosted its stake in shares of Liberty Property Trust by 723.5% during the 3rd quarter. Bessemer Group Inc. now owns 3,788 shares of the real estate investment trust’s stock worth $160,000 after acquiring an additional 3,328 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of Liberty Property Trust during the 2nd quarter worth $168,000. NumerixS Investment Technologies Inc boosted its stake in shares of Liberty Property Trust by 45.2% during the 2nd quarter. NumerixS Investment Technologies Inc now owns 4,355 shares of the real estate investment trust’s stock worth $194,000 after acquiring an additional 1,355 shares in the last quarter. US Bancorp DE boosted its stake in shares of Liberty Property Trust by 108.5% during the 2nd quarter. US Bancorp DE now owns 4,363 shares of the real estate investment trust’s stock worth $193,000 after acquiring an additional 2,270 shares in the last quarter. Finally, First Hawaiian Bank bought a new stake in shares of Liberty Property Trust during the 3rd quarter worth $193,000. Institutional investors own 89.45% of the company’s stock.

Several research firms have recently weighed in on LPT. ValuEngine raised Liberty Property Trust from a “hold” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research raised Liberty Property Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, August 8th. SunTrust Banks reissued a “buy” rating and set a $47.00 price objective on shares of Liberty Property Trust in a research note on Wednesday, August 8th. Finally, Mitsubishi UFJ Financial Group reduced their price objective on Liberty Property Trust from $49.00 to $47.00 and set an “overweight” rating for the company in a research note on Wednesday, October 24th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $45.00.

Shares of Liberty Property Trust stock opened at $43.69 on Friday. The firm has a market capitalization of $6.46 billion, a PE ratio of 16.87, a price-to-earnings-growth ratio of 2.75 and a beta of 0.55. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.94. Liberty Property Trust has a 12 month low of $37.77 and a 12 month high of $45.40.

Liberty Property Trust (NYSE:LPT) last issued its earnings results on Tuesday, October 23rd. The real estate investment trust reported $1.01 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.36. The business had revenue of $121.51 million during the quarter, compared to analysts’ expectations of $119.79 million. Liberty Property Trust had a return on equity of 6.68% and a net margin of 59.89%. Liberty Property Trust’s revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.66 earnings per share. As a group, analysts predict that Liberty Property Trust will post 2.64 earnings per share for the current fiscal year.

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Liberty Property Trust Company Profile

Liberty Property Trust (NYSE:LPT) is a leader in commercial real estate, serving customers in the United States and United Kingdom, through the development, acquisition, ownership and management of superior industrial and office properties. Liberty's 103 million square foot operating portfolio provides productive work environments for 1,200 tenants.

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Institutional Ownership by Quarter for Liberty Property Trust (NYSE:LPT)

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