Guggenheim Capital LLC Has $7.98 Million Position in Liberty Property Trust (LPT)

Guggenheim Capital LLC raised its holdings in shares of Liberty Property Trust (NYSE:LPT) by 9.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 200,824 shares of the real estate investment trust’s stock after buying an additional 17,984 shares during the quarter. Guggenheim Capital LLC owned about 0.14% of Liberty Property Trust worth $7,982,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also bought and sold shares of the stock. Ladenburg Thalmann Financial Services Inc. grew its position in Liberty Property Trust by 80.5% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 13,538 shares of the real estate investment trust’s stock worth $534,000 after buying an additional 6,036 shares in the last quarter. Natixis grew its position in Liberty Property Trust by 23.2% during the first quarter. Natixis now owns 7,937 shares of the real estate investment trust’s stock worth $315,000 after buying an additional 1,495 shares in the last quarter. A.R.T. Advisors LLC grew its position in Liberty Property Trust by 83.6% during the first quarter. A.R.T. Advisors LLC now owns 103,000 shares of the real estate investment trust’s stock worth $4,093,000 after buying an additional 46,900 shares in the last quarter. Achmea Investment Management B.V. grew its position in Liberty Property Trust by 29.8% during the first quarter. Achmea Investment Management B.V. now owns 74,777 shares of the real estate investment trust’s stock worth $2,969,000 after buying an additional 17,148 shares in the last quarter. Finally, Mason Street Advisors LLC grew its position in Liberty Property Trust by 2.0% during the first quarter. Mason Street Advisors LLC now owns 74,064 shares of the real estate investment trust’s stock worth $2,943,000 after buying an additional 1,436 shares in the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

In other news, Director Frederick F. Buchholz sold 5,000 shares of the company’s stock in a transaction dated Thursday, April 26th. The stock was sold at an average price of $40.18, for a total value of $200,900.00. Following the completion of the transaction, the director now directly owns 64,044 shares in the company, valued at approximately $2,573,287.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is currently owned by corporate insiders.

Liberty Property Trust opened at $44.33 on Friday, according to Marketbeat Ratings. Liberty Property Trust has a 12-month low of $37.77 and a 12-month high of $45.40. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.65 and a quick ratio of 1.65. The stock has a market capitalization of $6.52 billion, a PE ratio of 17.12 and a beta of 0.75.

Liberty Property Trust (NYSE:LPT) last posted its quarterly earnings data on Tuesday, April 24th. The real estate investment trust reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.33. Liberty Property Trust had a return on equity of 8.55% and a net margin of 49.95%. The firm had revenue of $190.20 million during the quarter, compared to analysts’ expectations of $145.62 million. During the same period in the prior year, the business earned $0.60 EPS. The company’s revenue for the quarter was up 14.7% compared to the same quarter last year. equities research analysts expect that Liberty Property Trust will post 2.6 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, July 15th. Stockholders of record on Monday, July 2nd will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.61%. The ex-dividend date of this dividend is Friday, June 29th. Liberty Property Trust’s payout ratio is currently 61.78%.

Several equities analysts recently commented on LPT shares. SunTrust Banks set a $43.00 target price on Liberty Property Trust and gave the stock a “buy” rating in a research report on Friday, March 2nd. Morgan Stanley reduced their target price on Liberty Property Trust from $44.00 to $43.00 and set an “equal weight” rating for the company in a research report on Thursday, June 14th. JPMorgan Chase & Co. upgraded Liberty Property Trust from an “underweight” rating to a “neutral” rating in a research report on Friday, June 15th. Finally, ValuEngine cut Liberty Property Trust from a “buy” rating to a “hold” rating in a research report on Thursday, May 17th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. Liberty Property Trust currently has an average rating of “Hold” and a consensus price target of $44.00.

Liberty Property Trust 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 101 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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