Today, a Director at Liberty Property Trust (NYSE: LPT), Frederick Buchholz, bought shares of LPT for $167.3K.
Following Frederick Buchholz’s last LPT Buy transaction on April 30, 2013, the stock climbed by 8.7%. Following this transaction Frederick Buchholz’s holding in the company was increased by 8.47% to a total of $2.49 million.
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Based on Liberty Property Trust’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $190 million and quarterly net profit of $140 million. In comparison, last year the company earned revenue of $175 million and had a net profit of $43.03 million. The company has a one-year high of $45.40 and a one-year low of $37.77. LPT’s market cap is $6.22B and the company has a P/E ratio of 17.05.
Eight different firms, including BTIG and Compass Point, currently also have a Buy rating on the stock. Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $43.33, reflecting a -2.6% downside.
In the last 30 days, insiders have sold $412.1K worth of LPT shares and purchased $334.5K worth of LPT shares.
Frederick Buchholz’s trades have generated a 3.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Liberty Property Trust operates as a real estate investment trust. It provides development, acquisition, ownership, and management of industrial and office properties. The company was founded by Willard G. Rouse III in 1972 and is headquartered in Malvern, PA.
