National Planning Corp lowered its stake in shares of Hospitality Properties Trust (NASDAQ:HPT) by 0.3% during the second quarter, Holdings Channel reports. The fund owned 16,404 shares of the real estate investment trust’s stock after selling 48 shares during the period. National Planning Corp’s holdings in Hospitality Properties Trust were worth $489,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. OLD Mutual Customised Solutions Proprietary Ltd. raised its position in shares of Hospitality Properties Trust by 117.4% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 5,000 shares of the real estate investment trust’s stock valued at $158,000 after buying an additional 2,700 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Hospitality Properties Trust during the first quarter valued at approximately $198,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Hospitality Properties Trust by 3,130.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 6,460 shares of the real estate investment trust’s stock valued at $204,000 after buying an additional 6,260 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Hospitality Properties Trust during the first quarter valued at approximately $209,000. Finally, Sequoia Financial Advisors LLC bought a new position in shares of Hospitality Properties Trust during the first quarter valued at approximately $211,000. 77.24% of the stock is owned by institutional investors and hedge funds.

Hospitality Properties Trust (HPT) opened at 27.32 on Friday. Hospitality Properties Trust has a 52-week low of $26.06 and a 52-week high of $32.68. The stock has a market capitalization of $4.49 billion, a price-to-earnings ratio of 23.21 and a beta of 1.01. The firm’s 50-day moving average is $28.96 and its 200-day moving average is $30.44.

Hospitality Properties Trust (NASDAQ:HPT) last announced its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.09 by $0.03. The business had revenue of $570.60 million during the quarter, compared to analyst estimates of $557.61 million. Hospitality Properties Trust had a net margin of 10.22% and a return on equity of 7.53%. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period last year, the company earned $1.09 earnings per share. Analysts predict that Hospitality Properties Trust will post $1.43 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 17th. Investors of record on Monday, July 24th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 7.61%. The ex-dividend date of this dividend is Thursday, July 20th. Hospitality Properties Trust’s dividend payout ratio (DPR) is 176.27%.

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Several equities analysts recently commented on the stock. Zacks Investment Research lowered shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, May 9th. Robert W. Baird reaffirmed a “neutral” rating and issued a $32.00 price objective (up from $31.00) on shares of Hospitality Properties Trust in a research report on Friday, June 16th. BidaskClub raised shares of Hospitality Properties Trust from a “strong sell” rating to a “sell” rating in a research report on Friday, June 16th. FBR & Co set a $35.00 price objective on shares of Hospitality Properties Trust and gave the company a “buy” rating in a research report on Saturday, May 13th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $33.00 price objective (down from $33.50) on shares of Hospitality Properties Trust in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $32.86.

Hospitality Properties Trust Company Profile

Hospitality Properties Trust is a real estate investment trust. The Company’s segments include hotel investments, travel center investments and corporate. As of December 31, 2016, the Company owned 306 hotels with 46,583 rooms or suites, and 198 travel centers. As of December 31, 2016, the Company’s properties were located in 45 states in the United States, Canada and Puerto Rico.

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Institutional Ownership by Quarter for Hospitality Properties Trust (NASDAQ:HPT)

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