Liberty Property Trust (LPT) Receives Daily Coverage Optimism Rating of 0.22

Lloyd Doyle
August 13, 2017

Johnson Investment Counsel reported 0.01% of its portfolio in Essex Property Trust Inc (NYSE:ESS). Citadel Advisors LLC raised its stake in shares of Columbia Property Trust by 2,648.3% in the first quarter. The value of the company's investment in Columbia Property Trust, Inc. decreased from $1,254,000 to $1,193,000 a change of 4.9% since the last quarter. Essex Property Trust Inc (NYSE:ESS) has risen 15.01% since August 11, 2016 and is uptrending. As of the last earnings report the EPS was $2.34 and is estimated to be $1.24 for the current year with 147,317,000 shares now outstanding. Perigon Wealth Management LLC boosted its position in Essex Property Trust by 835.2% in the first quarter. MA now owns 4,778,303 shares of the real estate investment trust's stock worth $107,894,000 after buying an additional 883,587 shares during the last quarter. Prudential Financial boosted its position in stocks of Columbia Property Trust by 704.9% in the Q1. AXA claims 127,400 shares worth $2,851,000. The institutional investor held 12,143 shares of the consumer services company at the end of 2016Q4, valued at $2.82 million, up from 1,083 at the end of the previous reported quarter. Gulf International Bank UK Ltd now owns 20,350 shares of the real estate investment trust's stock worth $4,711,000 after buying an additional 300 shares during the period.

Columbia Property Trust disclosed that its board has authorized a share repurchase plan on early Tue, Aug 8th that permits The corporation to repurchase $200.00 M in Stocks. (NYSE CXP) opened at 21.13 on Friday.

The company is down by -0.27% since yesterday's close of $40.79. Starwood Property Trust has a 52-week low of $21.11 and a 52-week high of $23.46. The firm has a market capitalization of $5.73 billion, a price-to-earnings ratio of 12.67 and a beta of 0.54. The company's 50 day moving average is $260.52 and its 200 day moving average is $245.65.

Columbia Property Trust (NYSE:CXP) previously issued its fiscal periodic earnings information on Early Thur, Jul 27th.


Alliancebernstein L.P. says it increased its investment in Columbia Property Trust, Inc. shares by 11.9% as reported in a filing on 08/10/2017. The company had revenue of $211.57 million during the quarter, compared to analysts' expectations of $244.13 million. Pggm Invests has invested 1.03% in Essex Property Trust Inc (NYSE:ESS). Next quarter's EPS is expected be $0.36 with next year's EPS projected to be $1.33.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 1st will be issued a dividend of $0.20 per share. This represents a $7.00 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date was set for Tuesday the 30th of May 2017. Liberty Property Trust's dividend payout ratio (DPR) is presently 68.38%.

TRADEMARK VIOLATION NOTICE: This piece was posted by BBNS and is owned by of BBNS. Us Retail Bank De holds 0% of its portfolio in Essex Property Trust Inc (NYSE:ESS) for 5,154 shares. RBC Capital Markets maintained Essex Property Trust Inc (NYSE:ESS) on Tuesday, February 9 with "Outperform" rating. If you are viewing this piece on another site, it was illegally copied and reposted in violation of USA & worldwide copyright and trademark laws. The original version of this story can be accessed at https://rinconhillneighbors.org/2017/08/13/aperio-group-llc-cuts-position-in-starwood-property-trust-inc-nysestwd-updated.html.

Several research firms have recently commented on CXP. BidaskClub boosted Columbia Property Trust from a "strong sell" recommendation to a "sell" recommendation in a analysis report on early Thur, Jun 22nd. BTIG Research lowered Essex Property Trust from a "buy" rating to a "neutral" rating in a research report on Friday, June 30th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company's stock. The stock now has an average rating of "Hold" and an average target price of $24.00. SCHALL MICHAEL J sold $3.45 million worth of stock or 13,668 shares. The total value of its holdings increased 98.2%. Dupont Mngmt owns 20,014 shares or 0.1% of their United States portfolio. The Company owns and operates industrial properties nationally and owns and operates office properties in a focused group of office markets. The stock was sold at an average price of $263.97, for a total transaction of $87,902.01. Institutional investors own 74.20% of the company's stock. The disclosure for this sale can be found here. Citadel Advisors boosted its position in stocks of Columbia Property Trust by 2,648.3% in the Q1. The Firm is also engaged in corporate mergers and the acquisition of oil and natural gas properties that have production and future development opportunities. The Company's divisions include Southern California, Northern California, Seattle Metro and Other real estate assets.

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