Hospitality Properties Trust (HPT) Stake Increased by American Century Companies Inc.

American Century Companies Inc. raised its position in Hospitality Properties Trust (NASDAQ:HPT) by 46.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 265,232 shares of the real estate investment trust’s stock after purchasing an additional 84,709 shares during the period. American Century Companies Inc. owned 0.16% of Hospitality Properties Trust worth $7,556,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ffcm LLC increased its stake in shares of Hospitality Properties Trust by 221.1% in the 2nd 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 in the last quarter. Kemper Corp Master Retirement Trust increased its stake in shares of Hospitality Properties Trust by 0.5% in the 2nd quarter. Kemper Corp Master Retirement Trust now owns 4,925 shares of the real estate investment trust’s stock valued at $144,000 after acquiring an additional 25 shares in the last quarter. Quantbot Technologies LP increased its stake in shares of Hospitality Properties Trust by 8.4% in the 2nd 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 in the last quarter. Parametrica Management Ltd bought a new stake in shares of Hospitality Properties Trust in the 2nd quarter valued at $208,000. Finally, Private Capital Management Inc. bought a new stake in shares of Hospitality Properties Trust in the 2nd quarter valued at $219,000. Hedge funds and other institutional investors own 75.62% of the company’s stock.

Several analysts have recently weighed in on the stock. B. Riley reiterated a “buy” rating on shares of Hospitality Properties Trust in a research note on Wednesday, November 1st. FBR & Co reiterated a “buy” rating and issued a $33.00 price objective (down previously from $35.00) on shares of Hospitality Properties Trust in a research note on Thursday, August 10th. Stifel Nicolaus reiterated a “buy” rating and issued a $33.00 price objective (down previously from $33.50) on shares of Hospitality Properties Trust in a research note on Friday, August 11th. Canaccord Genuity reiterated a “hold” rating and issued a $30.00 price objective (down previously from $32.00) on shares of Hospitality Properties Trust in a research note on Friday, August 11th. Finally, BidaskClub upgraded shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating in a research note on Friday, November 10th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $32.17.

Shares of Hospitality Properties Trust (NASDAQ:HPT) traded down $0.15 during mid-day trading on Wednesday, reaching $30.10. 352,061 shares of the company’s stock were exchanged, compared to its average volume of 597,594. The company has a market cap of $4,948.55, a price-to-earnings ratio of 8.34, a PEG ratio of 1.68 and a beta of 1.05. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.44. Hospitality Properties Trust has a fifty-two week low of $26.64 and a fifty-two week high of $32.68.

Hospitality Properties Trust (NASDAQ:HPT) last announced its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 EPS for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.03. The business had revenue of $577.60 million during the quarter, compared to analyst estimates of $581.67 million. Hospitality Properties Trust had a net margin of 11.66% and a return on equity of 8.79%. Hospitality Properties Trust’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.03 EPS. research analysts anticipate that Hospitality Properties Trust will post 3.58 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Monday, October 23rd were paid a dividend of $0.52 per share. The ex-dividend date of this dividend was Friday, October 20th. This represents a $2.08 dividend on an annualized basis and a yield of 6.91%. Hospitality Properties Trust’s dividend payout ratio (DPR) is presently 148.57%.

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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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