Alpine Woods Capital Investors LLC Continues to Hold Stake in Liberty Property Trust (LPT)

Alpine Woods Capital Investors LLC maintained its position in Liberty Property Trust (NYSE:LPT) during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 18,708 shares of the real estate investment trust’s stock at the end of the second quarter. Alpine Woods Capital Investors LLC’s holdings in Liberty Property Trust were worth $762,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Teachers Advisors LLC increased its position in Liberty Property Trust by 16.5% in the fourth quarter. Teachers Advisors LLC now owns 182,362 shares of the real estate investment trust’s stock valued at $7,203,000 after buying an additional 25,870 shares during the last quarter. Gulf International Bank UK Ltd increased its position in Liberty Property Trust by 1.4% in the first quarter. Gulf International Bank UK Ltd now owns 49,039 shares of the real estate investment trust’s stock valued at $1,890,000 after buying an additional 700 shares during the last quarter. Capstone Asset Management Co. increased its position in 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 valued at $570,000 after buying an additional 190 shares during the last quarter. Louisiana State Employees Retirement System increased its position in Liberty Property Trust by 2.2% in the first quarter. Louisiana State Employees Retirement System now owns 37,100 shares of the real estate investment trust’s stock valued at $1,430,000 after buying an additional 800 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its position in Liberty Property Trust by 29.8% in the first quarter. State of Alaska Department of Revenue now owns 72,480 shares of the real estate investment trust’s stock valued at $2,793,000 after buying an additional 16,620 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors.

Shares of Liberty Property Trust (NYSE:LPT) opened at 41.63 on Thursday. Liberty Property Trust has a 1-year low of $36.22 and a 1-year high of $42.80. The company has a market capitalization of $6.13 billion, a PE ratio of 17.81 and a beta of 0.88. The firm’s 50-day moving average price is $41.35 and its 200 day moving average price is $40.37.

Liberty Property Trust (NYSE:LPT) last released its quarterly earnings results on Tuesday, July 25th. The real estate investment trust reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.03. The firm had revenue of $183.13 million during the quarter, compared to analyst estimates of $175.60 million. Liberty Property Trust had a net margin of 47.24% and a return on equity of 11.37%. The business’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.68 EPS. Equities analysts predict that Liberty Property Trust will post $1.24 EPS for the current fiscal year.

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Several equities analysts have recently commented on LPT shares. Stifel Nicolaus upped their target price on Liberty Property Trust from $42.00 to $44.00 and gave the company a “buy” rating in a research report on Wednesday, April 26th. BidaskClub downgraded Liberty Property Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. Finally, Zacks Investment Research raised Liberty Property Trust from a “hold” rating to a “buy” rating and set a $46.00 target price on the stock in a research report 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 a consensus rating of “Hold” and a consensus target price of $42.50.

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

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