Liberty Property Trust's (LPT) Hold Rating Reiterated at KeyCorp

(NYSE:CXP) was upgraded by Zacks Investment Research from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Wednesday, November 1st. KeyCorp reissued a hold rating on shares of Liberty Property Trust in a research note on Tuesday, October 24th. Stifel Nicolaus raised shares of Liberty Property Trust from a "hold" rating to a "buy" rating and upped their price target for the company from $40.00 to $44.00 in a report on Wednesday, October 26th. Columbia Property Trust had 17 analyst reports since August 4, 2015 according to SRatingsIntel. September 21 investment analysts at Stifel Nicolaus left the stock rating at "Buy" targeting a price of $44.00.

The company is now down by 0.35% since yesterday's close of 22.64. The stock of Liberty Property Trust (NYSE:LPT) has "Hold" rating given on Friday, September 22 by KeyBanc Capital Markets. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.59 and a quick ratio of 3.59. The most current P/E ratio is 13.41 and the market cap is 2.70B.

Columbia Property Trust, Inc. has a 1 year low of $20.27 and a 1 year high of $23.48.

Parkwood LLC continued to hold its position in Liberty Property Trust (NYSE:LPT) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The real estate investment trust reported $0.28 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.02 by $0.26. Liberty Property Trust had a return on equity of 11.41% and a net margin of 47.78%. The firm had revenue of $60.36 million for the quarter, compared to analyst estimates of $75.43 million. Harrington Investments INC purchased a new stake in Liberty Property Trust during the 3rd quarter worth $834,000.

COPYRIGHT VIOLATION WARNING: This news story was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and global trademark & copyright laws. The correct version of this piece of content can be viewed at banking-finance/2318625/parkwood-llc-has-546000-stake-in-liberty-property-trust-lpt.html. Credit Suisse Ag invested in 335,614 shares or 0.01% of the stock. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date of this dividend was Friday, September 29th. Meeder Asset invested 0% in Columbia Property Trust Inc (NYSE:CXP).

In other Columbia Property Trust news, Director Thomas G. Wattles purchased 4,700 shares of the company's stock in a transaction that occurred on Tuesday, August 15th. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued. Systematic Financial Management LP increased its position in shares of Liberty Property Trust by 164.4% during the third quarter. State Treasurer State of MI now owns 60,700 shares of the real estate investment trust's stock worth $2,471,000 after purchasing an additional 1,000 shares during the period. Balyasny Asset Management LLC now owns 749,540 shares of the real estate investment trust's stock valued at $30,514,000 after buying an additional 659,467 shares during the period. Columbia Property Trust Inc now has a P/E ratio of 13.41 and the market value is 2.70B. Qs Investors Limited Liability has invested 0.01% in Columbia Property Trust Inc (NYSE:CXP). Following the completion of the purchase, the director now directly owns 21,166 shares in the company, valued at approximately $450,200.82.

Liberty Property Trust (NYSE:LPT)'s earnings per share has been growing at a 29 percent rate over the past 5 year when average revenue increase was noted as 6.9 percent. This buyback authorization permits the real estate investment trust to purchase shares of its stock through open market purchases.

Liberty Property Trust is a real estate investment trust.

Columbia Property Trust, Inc operates as a real estate investment trust (REIT), which owns and operates commercial real estate properties.

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