Liberty Property Trust (LPT) Shares Sold by Mitsubishi UFJ Kokusai Asset Management Co. Ltd.

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. decreased its stake in Liberty Property Trust (NYSE:LPT) by 8.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,318 shares of the real estate investment trust’s stock after selling 3,625 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Liberty Property Trust were worth $1,682,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Teachers Advisors LLC raised its stake in shares of 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 raised its stake in shares of 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. raised 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 valued at $570,000 after buying an additional 190 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in shares of 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 raised its stake in shares of 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. Institutional investors own 91.58% of the company’s stock.

Shares of Liberty Property Trust (NYSE LPT) opened at 41.31 on Friday. Liberty Property Trust has a 52 week low of $36.22 and a 52 week high of $42.80. The stock has a market cap of $6.09 billion, a price-to-earnings ratio of 17.67 and a beta of 0.88. The stock’s 50 day moving average is $41.35 and its 200 day moving average is $40.37.

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

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LPT has been the subject of several research analyst reports. Stifel Nicolaus raised their price target on shares of Liberty Property Trust from $42.00 to $44.00 and gave the stock a “buy” rating in a research note on Wednesday, April 26th. BidaskClub lowered 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 upgraded shares of Liberty Property Trust from a “hold” rating to a “buy” rating and set a $46.00 price target for the company 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 issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $42.50.

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).

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

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