Globeflex Capital L P purchased a new stake in shares of Hospitality Properties Trust (NASDAQ:HPT) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,435 shares of the real estate investment trust’s stock, valued at approximately $196,000.

A number of other large investors have also recently bought and sold shares of the stock. BlackRock Inc. raised its holdings in Hospitality Properties Trust by 2.4% in the 4th quarter. BlackRock Inc. now owns 20,085,751 shares of the real estate investment trust’s stock worth $479,648,000 after purchasing an additional 474,978 shares in the last quarter. LSV Asset Management increased its stake in shares of Hospitality Properties Trust by 1.4% in the 1st quarter. LSV Asset Management now owns 7,552,376 shares of the real estate investment trust’s stock worth $198,703,000 after acquiring an additional 101,000 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Hospitality Properties Trust by 0.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,617,866 shares of the real estate investment trust’s stock worth $62,515,000 after acquiring an additional 18,719 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Hospitality Properties Trust by 7.9% in the 4th quarter. Geode Capital Management LLC now owns 2,429,333 shares of the real estate investment trust’s stock worth $58,012,000 after acquiring an additional 178,754 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Hospitality Properties Trust in the 4th quarter worth about $57,252,000. Institutional investors own 74.26% of the company’s stock.

Several brokerages recently issued reports on HPT. Stifel Nicolaus lowered shares of Hospitality Properties Trust from a “buy” rating to a “hold” rating and decreased their price target for the stock from $28.00 to $25.00 in a research note on Monday. Zacks Investment Research upgraded shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research note on Thursday, May 16th. BidaskClub upgraded shares of Hospitality Properties Trust from a “strong sell” rating to a “sell” rating in a research note on Friday, March 29th. Finally, B. Riley set a $32.00 price target on shares of Hospitality Properties Trust and gave the stock a “buy” rating in a research note on Thursday, February 28th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. Hospitality Properties Trust currently has an average rating of “Hold” and a consensus target price of $28.67.

Shares of Hospitality Properties Trust stock opened at $24.26 on Tuesday. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.39 and a quick ratio of 0.39. The stock has a market capitalization of $4.09 billion, a P/E ratio of 6.57, a price-to-earnings-growth ratio of 1.37 and a beta of 1.04. Hospitality Properties Trust has a 1 year low of $22.47 and a 1 year high of $29.43.

Hospitality Properties Trust (NASDAQ:HPT) last issued its quarterly earnings results on Friday, May 10th. The real estate investment trust reported $0.88 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.01. The company had revenue of $524.90 million during the quarter, compared to analyst estimates of $529.66 million. Hospitality Properties Trust had a negative net margin of 5.25% and a negative return on equity of 4.42%. Hospitality Properties Trust’s quarterly revenue was down .7% compared to the same quarter last year. During the same period last year, the business earned $0.94 EPS. Equities research analysts expect that Hospitality Properties Trust will post 3.64 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 16th. Investors of record on Monday, April 29th were paid a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 8.90%. This is a positive change from Hospitality Properties Trust’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Friday, April 26th. Hospitality Properties Trust’s dividend payout ratio (DPR) is presently 58.54%.

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About Hospitality Properties Trust

Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, the District of Columbia, Puerto Rico and Canada. HPT's properties are operated under long term management or lease agreements. HPT is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.

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

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