Economy

Gramercy Property Trust Inc. (NYSE:GPT) Under Analyst Spotlight

Investors wait Gramercy Property Trust (NYSE:GPT) to report on November, 1. its quarterly earnings Wall Street analysts expect $0.54 EPS, $0.00 or 0.00 % from last year's $0.54 same quarter earnings.

12/18/2015 - D.A. Davidson began new coverage on Gramercy Property Trust Inc. giving the company a "buy" rating. The company had a trading volume of 664,572 shares.

06/02/2014 - Gramercy Property Trust Inc. had its "buy" rating reiterated by analysts at Ladenburg Thalmann. Liberty Property Trust has a 52-week low of $36.22 and a 52-week high of $43.70. The firm's 50 day moving average price is $29.84 and its 200-day moving average price is $28.81. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. Gramercy Property Trust (Symbol: GPT) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the USA stock markets. Liberty Property Trust had a net margin of 47.24% and a return on equity of 11.37%. The company had revenue of $183.13 million for the quarter, compared to the consensus estimate of $175.60 million. Gramercy Property Trust's quarterly revenue was down 5.7% compared to the same quarter a year ago. Based on Gramercy Property Trust's current price of $30.29, the dividend is 1.24 %. The indicated annual dividend is $1.50. Gramercy Property Trust's payout ratio is 1,666.85%.

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Gramercy Property Trust Inc. was downgraded to "underperform" by analysts at Bank of America Merrill Lynch.

Several hedge funds have recently made changes to their positions in the company. Investors looking for growth stocks may be willing to shell out a little more for a stock that has the possibility of increasing EPS at a quicker pace. Advisor Group Inc. grew its stake in shares of Liberty Property Trust by 3.9% during the 2nd quarter. The institutional investor owned 6,200 shares of the real estate investment trust's stock after selling 149,893 shares during the quarter. Commonwealth Bank of Australia now owns 3,119 shares of the real estate investment trust's stock worth $126,000 after acquiring an additional 143 shares during the last quarter. Penserra Capital Management LLC lifted its position in shares of Gramercy Property Trust by 16.1% during the second quarter. Robecosam AG now owns 2,700 shares of the real estate investment trust's stock worth $103,000 after purchasing an additional 1,400 shares in the last quarter. The NYSE listed company saw a recent bid of $40.94 and 515782 shares have traded hands in the session.

Among 8 analysts covering Gramercy Property Trust (NYSE:GPT), 5 have Buy rating, 1 Sell and 2 Hold. The firm has "Buy" rating by Compass Point given on Monday, June 19. The stock of Liberty Property Trust (NYSE:LPT) earned "Equal-Weight" rating by Morgan Stanley on Wednesday, October 28. Liberty Property Trust had 13 analyst reports since October 28, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Wednesday, July 5 with "Buy". One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and three have issued a buy recommendation on the company. They may also be used to assist the trader figure out proper support and resistance levels for the stock.

Gramercy Property Trust is a real estate investment trust (REIT), which is an investor and asset manager of commercial real estate. The Investments/Corporate segment includes all of its activities related to the investment and ownership of commercial properties located throughout the United States and Europe.



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