Hospitality Properties Trust (HPT) Shares Sold by BB&T Securities LLC

BB&T Securities LLC lowered its stake in shares of Hospitality Properties Trust (NASDAQ:HPT) by 23.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 36,590 shares of the real estate investment trust’s stock after selling 11,148 shares during the period. BB&T Securities LLC’s holdings in Hospitality Properties Trust were worth $1,042,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HPT. Ffcm LLC lifted its holdings in Hospitality Properties Trust by 221.1% during the 2nd quarter. Ffcm LLC now owns 3,834 shares of the real estate investment trust’s stock worth $114,000 after buying an additional 2,640 shares in the last quarter. Kemper Corp Master Retirement Trust lifted its holdings in Hospitality Properties Trust by 0.5% during the 2nd quarter. Kemper Corp Master Retirement Trust now owns 4,925 shares of the real estate investment trust’s stock worth $144,000 after buying an additional 25 shares in the last quarter. Quantbot Technologies LP lifted its holdings in Hospitality Properties Trust by 8.4% during the 2nd quarter. Quantbot Technologies LP now owns 6,827 shares of the real estate investment trust’s stock worth $199,000 after buying an additional 527 shares in the last quarter. Girard Partners LTD. acquired a new stake in Hospitality Properties Trust during the 3rd quarter worth approximately $202,000. Finally, Bank of Montreal Can lifted its holdings in Hospitality Properties Trust by 4.1% during the 2nd quarter. Bank of Montreal Can now owns 8,125 shares of the real estate investment trust’s stock worth $237,000 after buying an additional 323 shares in the last quarter. 75.62% of the stock is owned by hedge funds and other institutional investors.

Shares of Hospitality Properties Trust (HPT) opened at $30.11 on Friday. Hospitality Properties Trust has a fifty-two week low of $26.64 and a fifty-two week high of $32.68. The firm has a market cap of $4,945.27, a price-to-earnings ratio of 8.34, a PEG ratio of 1.68 and a beta of 1.05. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.42 and a quick ratio of 0.42.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 16th. Stockholders of record on Monday, October 23rd were issued a $0.52 dividend. The ex-dividend date of this dividend was Friday, October 20th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 6.91%. Hospitality Properties Trust’s payout ratio is 148.57%.

A number of equities research analysts have issued reports on HPT shares. BidaskClub lowered shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Zacks Investment Research upgraded shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a report on Wednesday, October 11th. Stifel Nicolaus reiterated a “buy” rating and set a $33.00 target price (down from $33.50) on shares of Hospitality Properties Trust in a report on Friday, August 11th. Robert W. Baird set a $30.00 target price on shares of Hospitality Properties Trust and gave the stock a “hold” rating in a report on Tuesday, October 17th. Finally, B. Riley restated a “buy” rating on shares of Hospitality Properties Trust in a report on Wednesday, November 1st. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Hospitality Properties Trust currently has a consensus rating of “Buy” and an average target price of $32.17.

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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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