Sei Investments Co. Has $1.51 Million Holdings in Liberty Property Trust (LPT)

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Sei Investments Co. raised its position in shares of Liberty Property Trust (NYSE:LPT) by 3.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,156 shares of the real estate investment trust’s stock after buying an additional 1,257 shares during the period. Sei Investments Co.’s holdings in Liberty Property Trust were worth $1,514,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Liberty Property Trust in the 2nd quarter worth about $1,768,000. State of Wisconsin Investment Board increased its stake in shares of Liberty Property Trust by 17.5% in the 2nd quarter. State of Wisconsin Investment Board now owns 132,355 shares of the real estate investment trust’s stock worth $5,867,000 after acquiring an additional 19,698 shares in the last quarter. Virginia Retirement Systems ET AL increased its stake in shares of Liberty Property Trust by 2.2% in the 2nd quarter. Virginia Retirement Systems ET AL now owns 395,400 shares of the real estate investment trust’s stock worth $17,528,000 after acquiring an additional 8,500 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Liberty Property Trust in the 2nd quarter worth about $1,055,000. Finally, Wells Fargo & Company MN increased its stake in shares of Liberty Property Trust by 4.5% in the 2nd quarter. Wells Fargo & Company MN now owns 258,312 shares of the real estate investment trust’s stock worth $11,450,000 after acquiring an additional 11,072 shares in the last quarter. 91.34% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently issued reports on LPT. ValuEngine lowered shares of Liberty Property Trust from a “buy” rating to a “hold” rating in a research note on Thursday, May 17th. Zacks Investment Research upgraded shares of Liberty Property Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, August 8th. Stifel Nicolaus increased their price target on shares of Liberty Property Trust from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Wednesday, July 25th. JPMorgan Chase & Co. upgraded shares of Liberty Property Trust from an “underweight” rating to a “neutral” rating in a research note on Friday, June 15th. Finally, Morgan Stanley reduced their price objective on shares of Liberty Property Trust from $44.00 to $43.00 and set an “equal weight” rating for the company in a research note on Thursday, June 14th. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Liberty Property Trust currently has a consensus rating of “Hold” and an average price target of $44.83.

NYSE:LPT opened at $43.00 on Friday. The stock has a market cap of $6.41 billion, a price-to-earnings ratio of 16.60, a PEG ratio of 2.76 and a beta of 0.61. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.76 and a quick ratio of 1.76. Liberty Property Trust has a fifty-two week low of $37.77 and a fifty-two week high of $45.40.

Liberty Property Trust (NYSE:LPT) last released its quarterly earnings data on Tuesday, July 24th. The real estate investment trust reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.04. The business had revenue of $176.60 million during the quarter, compared to analyst estimates of $166.69 million. Liberty Property Trust had a net margin of 46.16% and a return on equity of 7.21%. During the same period last year, the business earned $0.65 EPS. equities research analysts expect that Liberty Property Trust will post 2.62 earnings per share for the current year.

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 103 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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