Latest Stocks: Liberty Property Trust (LPT) Shares Sold by BNP Paribas Arbitrage SA

Latest Stocks: Liberty Property Trust (LPT) Shares Sold by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA lowered its position in shares of Liberty Property Trust (NYSE:LPT) by 0.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,696 shares of the real estate investment trust’s stock after selling 19 shares during the period. BNP Paribas Arbitrage SA owned approximately 0.07% of Liberty Property Trust worth $3,805,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital Fund Management S.A. boosted its stake in Liberty Property Trust by 53.3% in the first quarter. Capital Fund Management S.A. now owns 156,093 shares of the real estate investment trust’s stock worth $6,017,000 after buying an additional 54,275 shares during the last quarter. Daiwa Securities Group Inc. boosted 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 valued at $1,091,000 after buying an additional 200 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in shares of Liberty Property Trust by 119.5% in the first quarter. DekaBank Deutsche Girozentrale now owns 10,894 shares of the real estate investment trust’s stock valued at $436,000 after buying an additional 5,932 shares in the last quarter. 361 Capital LLC boosted its stake in shares of Liberty Property Trust by 37.0% in the first quarter. 361 Capital LLC now owns 146,232 shares of the real estate investment trust’s stock valued at $5,637,000 after buying an additional 39,457 shares in the last quarter. Finally, Chicago Equity Partners LLC purchased a new stake in shares of Liberty Property Trust during the first quarter valued at $677,000. 97.52% of the stock is owned by institutional investors and hedge funds.

Liberty Property Trust (NYSE LPT) opened at 42.03 on Tuesday. The stock has a 50 day moving average of $41.01 and a 200-day moving average of $39.66. The company has a market cap of $6.19 billion, a P/E ratio of 18.05 and a beta of 0.89. Liberty Property Trust has a 12 month low of $36.22 and a 12 month high of $42.28.

Liberty Property Trust (NYSE:LPT) last issued its quarterly earnings data on Tuesday, April 25th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.02. The business had revenue of $175.40 million for the quarter, compared to analysts’ expectations of $177.25 million. Liberty Property Trust had a return on equity of 12.02% and a net margin of 47.78%. The company’s revenue for the quarter was down 7.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.62 EPS. Equities research analysts expect that Liberty Property Trust will post $1.30 EPS for the current year. The company also recently disclosed a quarterly dividend, which will be paid on Saturday, July 15th. Stockholders of record on Monday, July 3rd will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, June 29th. This represents a $1.60 annualized dividend and a dividend yield of 3.81%. Liberty Property Trust’s dividend payout ratio (DPR) is 78.19%.

Liberty Property Trust (NYSE:LPT) last issued its quarterly earnings data on Tuesday, April 25th. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.02. The business had revenue of $175.40 million for the quarter, compared to analysts’ expectations of $177.25 million. Liberty Property Trust had a return on equity of 12.02% and a net margin of 47.78%. The company’s revenue for the quarter was down 7.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.62 EPS. Equities research analysts expect that Liberty Property Trust will post $1.30 EPS for the current year. Several analysts have recently commented on the stock. BMO Capital Markets reissued a “hold” rating and set a $40.00 price target on shares of Liberty Property Trust in a research note on Wednesday, March 22nd. Capital One Financial Corp. lowered shares of Liberty Property Trust from an “overweight” rating to an “equal weight” rating and set a $40.00 price objective on the stock. in a report on Monday, February 13th. Mitsubishi UFJ Financial Group restated an “overweight” rating on shares of Liberty Property Trust in a report on Thursday, March 30th. Finally, Stifel Nicolaus increased their price objective on shares of Liberty Property Trust from $42.00 to $44.00 and gave the company a “buy” rating in a report on Wednesday, April 26th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $41.71.

In other news, Director Fredric J. Tomczyk acquired 5,000 shares of the firm’s stock in a transaction dated Monday, March 27th. The shares were acquired at an average cost of $38.85 per share, with a total value of $194,250.00. Following the acquisition, the director now directly owns 12,583 shares of the company’s stock, valued at $488,849.55. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.40% of the stock is owned by corporate insiders. About Liberty Property Trust

Related posts

Leave a Comment