Voya Investment Management LLC Acquires 51,282 Shares of Hospitality Properties Trust (HPT)

Voya Investment Management LLC raised its holdings in shares of Hospitality Properties Trust (NASDAQ:HPT) by 35.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 197,256 shares of the real estate investment trust’s stock after acquiring an additional 51,282 shares during the period. Voya Investment Management LLC owned about 0.12% of Hospitality Properties Trust worth $5,750,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ffcm LLC grew its position in Hospitality Properties Trust by 221.1% during the second quarter. Ffcm LLC now owns 3,834 shares of the real estate investment trust’s stock valued at $114,000 after acquiring an additional 2,640 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. grew its position in Hospitality Properties Trust by 117.4% during 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. Jane Street Group LLC bought a new position in Hospitality Properties Trust during the first quarter valued at approximately $209,000. BlueCrest Capital Management Ltd bought a new position in Hospitality Properties Trust during the first quarter valued at approximately $214,000. Finally, Quantbot Technologies LP grew its position in Hospitality Properties Trust by 8.4% during the second quarter. Quantbot Technologies LP now owns 6,827 shares of the real estate investment trust’s stock valued at $199,000 after acquiring an additional 527 shares during the last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

Hospitality Properties Trust (NASDAQ:HPT) opened at 28.91 on Wednesday. The company has a market cap of $4.75 billion, a PE ratio of 24.56 and a beta of 1.04. Hospitality Properties Trust has a one year low of $26.06 and a one year high of $32.68. The stock has a 50 day moving average of $27.90 and a 200 day moving average of $29.38.

Hospitality Properties Trust (NASDAQ:HPT) last announced its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $1.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.09 by ($0.03). The business had revenue of $570.60 million during 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 earned $1.09 EPS. On average, analysts anticipate that Hospitality Properties Trust will post $1.07 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This story was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The original version of this story can be read at https://ledgergazette.com/2017/10/11/voya-investment-management-llc-acquires-51282-shares-of-hospitality-properties-trust-hpt.html.

A number of research analysts have commented on the stock. Robert W. Baird reiterated a “neutral” rating and set a $32.00 price target (up from $31.00) on shares of Hospitality Properties Trust in a research report on Friday, June 16th. BidaskClub upgraded 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 cut shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. FBR & Co restated a “buy” rating and issued a $33.00 target price (down previously from $35.00) on shares of Hospitality Properties Trust in a report on Thursday, August 10th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $33.00 target price (down previously from $33.50) on shares of Hospitality Properties Trust in a report on Friday, August 11th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an a

Other hedge funds and other institutional investors have also modified their holdings of the company. Ffcm LLC grew its position in Hospitality Properties Trust by 221.1% during the second quarter. Ffcm LLC now owns 3,834 shares of the real estate investment trust’s stock valued at $114,000 after acquiring an additional 2,640 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. grew its position in Hospitality Properties Trust by 117.4% during 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. Jane Street Group LLC bought a new position in Hospitality Properties Trust during the first quarter valued at approximately $209,000. BlueCrest Capital Management Ltd bought a new position in Hospitality Properties Trust during the first quarter valued at approximately $214,000. Finally, Quantbot Technologies LP grew its position in Hospitality Properties Trust by 8.4% during the second quarter. Quantbot Technologies LP now owns 6,827 shares of the real estate investment trust’s stock valued at $199,000 after acquiring an additional 527 shares during the last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

Hospitality Properties Trust (NASDAQ:HPT) opened at 28.91 on Wednesday. The company has a market cap of $4.75 billion, a PE ratio of 24.56 and a beta of 1.04. Hospitality Properties Trust has a one year low of $26.06 and a one year high of $32.68. The stock has a 50 day moving average of $27.90 and a 200 day moving average of $29.38.

Hospitality Properties Trust (NASDAQ:HPT) last announced its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $1.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.09 by ($0.03). The business had revenue of $570.60 million during 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 earned $1.09 EPS. On average, analysts anticipate that Hospitality Properties Trust will post $1.07 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This story was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The original version of this story can be read at https://ledgergazette.com/2017/10/11/voya-investment-management-llc-acquires-51282-shares-of-hospitality-properties-trust-hpt.html.

A number of research analysts have commented on the stock. Robert W. Baird reiterated a “neutral” rating and set a $32.00 price target (up from $31.00) on shares of Hospitality Properties Trust in a research report on Friday, June 16th. BidaskClub upgraded 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 cut shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. FBR & Co restated a “buy” rating and issued a $33.00 target price (down previously from $35.00) on shares of Hospitality Properties Trust in a report on Thursday, August 10th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $33.00 target price (down previously from $33.50) on shares of Hospitality Properties Trust in a report on Friday, August 11th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $32.33.

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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