According to Zacks, "Columbia Property Trust, Inc. operates as a real estate investment trust". The Firm focuses on operating as a supplier in the housing market. Liberty Property Trust's dividend payout ratio (DPR) is presently 67.51%.
A number of other brokerages have also weighed in on CXP.
On August 25, 2017 KeyCorp kept a "Hold" rating on the company. The stock of Columbia Property Trust Inc (NYSE:CXP) has "Hold" rating given on Thursday, October 26 by SunTrust. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. SunTrust maintained it with "Hold" rating and $43.0 target in Tuesday, October 24 report. The corporation has a market cap of US$6.64 Billion.
Columbia Property Trust, Inc. The company has a current ratio of 1.78, a quick ratio of 2.15 and a debt-to-equity ratio of 0.93.
American International Group Inc reports that it raised its position in Liberty Property Trust by 0.1% in the last quarter. 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 net margin of 47.78% and a return on equity of 11.41%. For the past 5 years, the company's revenue has grown -0.8%, while the company's earnings per share has grown 23.7%.
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.
Columbia Property Trust announced that its Board of Directors has authorized a stock buyback plan on Tuesday, August 8th that permits the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the real estate investment trust to purchase up to 7.7% of its stock through open market purchases. Waterfront Capital Partners Llc sold 163,119 shares as the company's stock declined 4.66% while stock markets rallied.
WARNING: "Columbia Property Trust, Inc".
Liberty Property Trust (NYSE:LPT) last posted its quarterly earnings data on Tuesday, October 25th. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and worldwide trademark and copyright legislation. The correct version of this news story can be viewed at https://www.truebluetribune.com/2017/11/12/zacks-investment-research-upgrades-columbia-property-trust-inc-cxp-to-hold.html. The shares were bought at an average price of $21.27 per share, with a total value of $99,969.00. Following the completion of the transaction, the director now directly owns 21,166 shares in the company, valued at $450,200.82. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The volume of 0.64 Million shares climbed down over an trading activity of 730.69 Million shares.
Hedge funds have recently bought and sold shares of the stock. State Treasurer State of MI boosted its position in Liberty Property Trust by 1.7% during the 2nd quarter. SG Americas Securities LLC increased its position in Columbia Property Trust by 34.2% during the 1st quarter.
Columbia Property Trust, Inc. operates as a real estate investment trust, which owns and operates commercial real estate properties. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Columbia Property Trust by 8.2% during the 2nd quarter. The institutional investor purchased 48,577 shares of the real estate investment trust's stock, valued at approximately $1,058,000. First Allied Advisory Services Inc. increased its position in Columbia Property Trust by 3.3% during the 2nd quarter. The Trust's assets are owned directly or indirectly, and substantially all of the Trust's operations are conducted directly or indirectly, by its subsidiary, Liberty Property Limited Partnership (the Operating Partnership).