Investment Centers of America Inc. grew its position in Hospitality Properties Trust (NASDAQ:HPT) by 3.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 116,841 shares of the real estate investment trust’s stock after acquiring an additional 3,972 shares during the quarter. Investment Centers of America Inc. owned 0.07% of Hospitality Properties Trust worth $3,409,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Honkamp Krueger Financial Services Inc. raised its holdings in shares of Hospitality Properties Trust by 1.5% in the 2nd quarter. Honkamp Krueger Financial Services Inc. now owns 7,686 shares of the real estate investment trust’s stock worth $224,000 after buying an additional 110 shares in the last quarter. Naples Global Advisors LLC raised its holdings in shares of Hospitality Properties Trust by 0.4% in the 2nd quarter. Naples Global Advisors LLC now owns 34,222 shares of the real estate investment trust’s stock worth $998,000 after buying an additional 125 shares in the last quarter. Teacher Retirement System of Texas raised its holdings in shares of Hospitality Properties Trust by 1.5% in the 2nd quarter. Teacher Retirement System of Texas now owns 13,159 shares of the real estate investment trust’s stock worth $384,000 after buying an additional 200 shares in the last quarter. Capstone Asset Management Co. raised its holdings in shares of Hospitality Properties Trust by 1.9% in the 2nd quarter. Capstone Asset Management Co. now owns 12,805 shares of the real estate investment trust’s stock worth $373,000 after buying an additional 240 shares in the last quarter. Finally, World Asset Management Inc raised its holdings in shares of Hospitality Properties Trust by 2.1% in the 1st quarter. World Asset Management Inc now owns 13,623 shares of the real estate investment trust’s stock worth $430,000 after buying an additional 278 shares in the last quarter. Institutional investors own 76.41% of the company’s stock.

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Hospitality Properties Trust (NASDAQ HPT) traded up 0.18% during midday trading on Friday, reaching $28.13. The company had a trading volume of 251,151 shares. The stock has a market cap of $4.62 billion, a P/E ratio of 23.90 and a beta of 1.02. Hospitality Properties Trust has a 12 month low of $26.06 and a 12 month high of $32.68. The firm has a 50-day moving average of $27.73 and a 200-day moving average of $29.74.

Hospitality Properties Trust (NASDAQ:HPT) last issued its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $1.06 EPS for the quarter, missing the Zacks’ consensus estimate of $1.09 by ($0.03). The firm had revenue of $570.60 million for the quarter, compared to the consensus estimate 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 was up 3.7% compared to the same quarter last year. During the same period last year, the company posted $1.09 EPS. On average, equities analysts expect that Hospitality Properties Trust will post $1.07 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, August 17th. Shareholders of record on Monday, July 24th were given a dividend of $0.52 per share. The ex-dividend date was Thursday, July 20th. This represents a $2.08 dividend on an annualized basis and a yield of 7.40%. Hospitality Properties Trust’s dividend payout ratio (DPR) is currently 176.27%.

HPT has been the subject of a number of recent research reports. Stifel Nicolaus reissued a “buy” rating and issued a $33.00 target price (down from $33.50) on shares of Hospitality Properties Trust in a report on Friday, August 11th. FBR & Co reissued a “buy” rating and issued a $33.00 target price (down from $35.00) on shares of Hospitality Properties Trust in a report on Thursday, August 10th. Canaccord Genuity reissued a “hold” rating and issued a $30.00 target price (down from $32.00) on shares of Hospitality Properties Trust in a report on Friday, August 11th. Zacks Investment Research raised Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Tuesday, May 23rd. Finally, Robert W. Baird reissued a “neutral” rating and issued a $32.00 target price (up from $31.00) on shares of Hospitality Properties Trust in a report on Friday, June 16th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $32.86.

Hospitality Properties Trust 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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