Nisa Investment Advisors LLC Has $2,106,000 Stake in Liberty Property Trust (LPT)

Nisa Investment Advisors LLC maintained its stake in shares of Liberty Property Trust (NYSE:LPT) during the second quarter, according to its most recent filing with the SEC. The fund owned 51,730 shares of the real estate investment trust’s stock at the end of the second quarter. Nisa Investment Advisors LLC’s holdings in Liberty Property Trust were worth $2,106,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in LPT. Telos Capital Management Inc. raised its position in Liberty Property Trust by 0.7% in the first quarter. Telos Capital Management Inc. now owns 7,672 shares of the real estate investment trust’s stock valued at $296,000 after buying an additional 53 shares during the last quarter. Shell Asset Management Co. increased its stake in shares of Liberty Property Trust by 1.0% in the first quarter. Shell Asset Management Co. now owns 8,681 shares of the real estate investment trust’s stock worth $335,000 after buying an additional 84 shares during the last quarter. Westwood Holdings Group Inc. increased its stake in shares of Liberty Property Trust by 0.5% in the first quarter. Westwood Holdings Group Inc. now owns 23,908 shares of the real estate investment trust’s stock worth $922,000 after buying an additional 115 shares during the last quarter. Capstone Asset Management Co. increased its stake in shares of Liberty Property Trust by 1.3% in the first quarter. Capstone Asset Management Co. now owns 14,797 shares of the real estate investment trust’s stock worth $570,000 after buying an additional 190 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in shares of Liberty Property Trust by 0.7% in the first quarter. Daiwa Securities Group Inc. now owns 28,300 shares of the real estate investment trust’s stock worth $1,091,000 after buying an additional 200 shares during the last quarter. Institutional investors own 91.52% of the company’s stock.

Liberty Property Trust (NYSE LPT) traded down 1.23% during trading on Wednesday, hitting $40.79. The stock had a trading volume of 732,724 shares. The stock’s 50-day moving average is $41.48 and its 200-day moving average is $40.30. Liberty Property Trust has a 52-week low of $36.22 and a 52-week high of $42.80. The stock has a market capitalization of $5.98 billion, a PE ratio of 17.45 and a beta of 0.88.

Liberty Property Trust (NYSE:LPT) last released its quarterly earnings data on Tuesday, July 25th. The real estate investment trust reported $0.65 earnings per share for the quarter, beating the 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 firm had revenue of $183.13 million during the quarter, compared to the consensus estimate of $175.60 million. During the same period last year, the business posted $0.68 EPS. Liberty Property Trust’s quarterly revenue was down 1.9% on a year-over-year basis. On average, analysts predict that Liberty Property Trust will post $1.24 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Saturday, July 15th. Investors of record on Monday, July 3rd were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.92%. The ex-dividend date of this dividend was Thursday, June 29th. Liberty Property Trust’s payout ratio is currently 68.38%.

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A number of brokerages recently weighed in on LPT. Stifel Nicolaus raised their target price on shares of Liberty Property Trust from $42.00 to $44.00 and gave the company a “buy” rating in a research note on Wednesday, April 26th. BidaskClub downgraded shares of Liberty Property Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. Finally, Zacks Investment Research raised shares of Liberty Property Trust from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a research note on Wednesday, June 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. Liberty Property Trust has an average rating of “Hold” and a consensus price target of $42.33.

Liberty Property Trust Company Profile

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).

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

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