Liberty Property Trust (NYSE:LPT) Sees Significantly Lower Trading Volume

Ivan Schwartz
August 13, 2017

This repurchase authorization permits the real estate investment trust to buy up to 7.7% of its shares through open market purchases. TX's holdings in Essex Property Trust were worth $5,145,000 as of its most recent filing with the SEC. As of the end of the quarter Nationwide Fund Advisors had sold a total of 17,132 shares trimming its position 4.5%. Paloma Partners Mgmt holds 0.01% of its portfolio in Columbia Property Trust Inc (NYSE:CXP) for 30,665 shares. Vanguard Group Inc. now owns 21,023,747 shares of the real estate investment trust's stock valued at $474,716,000 after buying an additional 1,635,444 shares during the period. Bank of Montreal Can raised its stake in shares of Essex Property Trust by 139.6% in the first quarter. The value of the investment in CXP decreased from $1,254,000 to $1,193,000 a change of $61,000 since the last quarter. MA boosted its stake in Starwood Property Trust by 22.7% in the first quarter. Nisa Investment Advisors LLC's holdings in STARWOOD PROPERTY TRUST, INC. were worth $728,000 at the end of the most recent reporting period. MML Investors Services LLC now owns 13,836 shares of the real estate investment trust's stock valued at $310,000 after buying an additional 1,405 shares in the last quarter. The company now has an average rating of Hold and a consensus price target of $24.00. It also reduced Raytheon Company (NYSE:RTN) stake by 101,662 shares and now owns 800 shares. The stock declined 0.54% or $1.44 reaching $263.22 on the news. Essex Property Trust has a 12-month low of $200.01 and a 12-month high of $268.97. The firm has a market capitalization of $17.10 billion, a price-to-earnings ratio of 33.32 and a beta of 0.52.

Company shares last traded at $40.68 marginally under $41.37, the stock's 50 day moving average and which is slightly above the 200 day moving average of $40.32.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, May 17th. The dividend payment was $0.200 per share for the quarter which comes to $0.80 on an annualized basis. The company had revenue of $198.72 million during the quarter, compared to analysts' expectations of $229.63 million. Starwood Property Trust had a net margin of 55.89% and a return on equity of 11.39%. Next quarter's EPS is expected be $0.36 with next year's EPS projected to be $1.33. On average, equities analysts predict that STARWOOD PROPERTY TRUST, INC. will post $2.09 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Thompson Davis Inc invested in 21 shares or 0.01% of the stock. This dividend represents a yield of $3.73. The ex-dividend date of this dividend is Thursday, September 28th. Liberty Property Trust's dividend payout ratio is 68.38%.

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Several research firms have issued reports on STWD. (The) restated a "neutral" rating and issued a $21.00 price objective on shares of Columbia Property Trust in a research note on Thursday, June 22nd. (NYSE:STWD) from a buy rating to a hold rating in a research report released on Monday, July 24th.

First Quadrant LP increased Columbia Property Trust Inc (CXP) stake by 3762.16% reported in 2016Q4 SEC filing. Cantor Fitzgerald reissued a buy rating and issued a $269.00 target price on shares of Essex Property Trust in a research report on Wednesday, May 3rd. Two research experts recommended the company shares with a sell recommendation, around three have issued a hold recommendation and four have published a buy recommendation to The corporation. SCHALL MICHAEL J sold $3.45 million worth of stock or 13,668 shares. The shares were sold at an average price of $254.22, for a total value of $260,321.28. Stock repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued. Insiders own 3.30% of the company's stock. The disclosure for this sale can be found here. Coconut Grove Bank now owns 8,040 shares of the real estate investment trust's stock worth $181,000 after buying an additional 4,180 shares during the last quarter. Essex Property Trust Inc (NYSE:ESS) has risen 15.01% since August 10, 2016 and is uptrending. Its segments include Southern California, Northern California, Seattle Metro and Other real estate assets.

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