Atlantic Trust Group LLC cut its holdings in Hospitality Properties Trust (NASDAQ:HPT) by 56.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,013 shares of the real estate investment trust’s stock after selling 16,642 shares during the quarter. Atlantic Trust Group LLC’s holdings in Hospitality Properties Trust were worth $379,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. OLD Mutual Customised Solutions Proprietary Ltd. lifted its stake in 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 acquiring an additional 2,700 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Hospitality Properties Trust in the first quarter valued at approximately $198,000. Parametrica Management Ltd acquired a new stake in Hospitality Properties Trust in the second quarter valued at approximately $208,000. Jane Street Group LLC acquired a new stake in Hospitality Properties Trust in the first quarter valued at approximately $209,000. Finally, BlueCrest Capital Management Ltd acquired a new stake in Hospitality Properties Trust in the first quarter valued at approximately $214,000. Hedge funds and other institutional investors own 76.41% of the company’s stock.

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A number of analysts have issued reports on the stock. Robert W. Baird reiterated a “neutral” rating and issued a $32.00 target price (up from $31.00) on shares of Hospitality Properties Trust in a research note 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. Zacks Investment Research lowered shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. FBR & Co reissued a “buy” rating and issued a $33.00 price target (down previously from $35.00) on shares of Hospitality Properties Trust in a research report on Thursday, August 10th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $33.00 price target (down previously from $33.50) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. Hospitality Properties Trust has an average rating of “Hold” and an average target price of $32.86.

Hospitality Properties Trust (NASDAQ HPT) opened at 28.11 on Thursday. The stock has a 50 day moving average of $27.75 and a 200-day moving average of $29.76. The company has a market cap of $4.62 billion, a price-to-earnings ratio of 23.88 and a beta of 1.02. Hospitality Properties Trust has a 52-week low of $26.06 and a 52-week high of $32.68.

Hospitality Properties Trust (NASDAQ:HPT) last released its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $1.06 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.03). The company 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 company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.09 EPS. On average, analysts forecast that Hospitality Properties Trust will post $1.07 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 17th. Stockholders of record on Monday, July 24th were issued a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 7.40%. The ex-dividend date of this dividend was Thursday, July 20th. Hospitality Properties Trust’s payout ratio is presently 176.27%.

About Hospitality Properties Trust

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.

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

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