Baugh & Associates LLC Invests $3.27 Million in Hospitality Properties Trust (HPT) Stock

Baugh & Associates LLC purchased a new position in Hospitality Properties Trust (NASDAQ:HPT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 109,661 shares of the real estate investment trust’s stock, valued at approximately $3,273,000. Hospitality Properties Trust accounts for about 2.8% of Baugh & Associates LLC’s investment portfolio, making the stock its 20th largest position. Baugh & Associates LLC owned about 0.07% of Hospitality Properties Trust at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. The Manufacturers Life Insurance Company increased its stake in Hospitality Properties Trust by 1.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 241,418 shares of the real estate investment trust’s stock worth $7,038,000 after purchasing an additional 4,101 shares during the period. Eliot Finkel Investment Counsel LLC increased its stake in Hospitality Properties Trust by 4.7% in the 3rd quarter. Eliot Finkel Investment Counsel LLC now owns 145,811 shares of the real estate investment trust’s stock worth $4,154,000 after purchasing an additional 6,530 shares during the period. Prudential Financial Inc. increased its stake in Hospitality Properties Trust by 16.2% in the 3rd quarter. Prudential Financial Inc. now owns 2,231,889 shares of the real estate investment trust’s stock worth $63,587,000 after purchasing an additional 310,945 shares during the period. Honeywell International Inc. increased its stake in Hospitality Properties Trust by 70.6% in the 3rd quarter. Honeywell International Inc. now owns 31,178 shares of the real estate investment trust’s stock worth $888,000 after purchasing an additional 12,903 shares during the period. Finally, Bridgecreek Investment Management LLC increased its stake in Hospitality Properties Trust by 7.1% in the 3rd quarter. Bridgecreek Investment Management LLC now owns 79,300 shares of the real estate investment trust’s stock worth $2,259,000 after purchasing an additional 5,250 shares during the period. 75.26% of the stock is currently owned by institutional investors and hedge funds.

Hospitality Properties Trust (HPT) opened at $27.02 on Thursday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.42 and a current ratio of 0.42. Hospitality Properties Trust has a 12 month low of $25.62 and a 12 month high of $32.68. The stock has a market capitalization of $4,404.56, a P/E ratio of 7.42, a PEG ratio of 1.42 and a beta of 0.93.

The firm also recently announced a dividend, which will be paid on Monday, February 26th. Stockholders of record on Monday, January 29th will be paid a dividend of $0.52 per share. The ex-dividend date is Friday, January 26th. This represents a dividend yield of 0.0178448867536033%. Hospitality Properties Trust’s dividend payout ratio (DPR) is presently 148.57%.

Several equities analysts have recently issued reports on HPT shares. Wells Fargo & Co cut Hospitality Properties Trust from a “market perform” rating to an “underperform” rating and set a $28.00 target price on the stock. in a research note on Tuesday, December 19th. Stifel Nicolaus reissued a “buy” rating and set a $31.00 target price on shares of Hospitality Properties Trust in a research note on Wednesday, January 3rd. B. Riley reissued a “buy” rating and set a $35.00 target price on shares of Hospitality Properties Trust in a research note on Monday, January 22nd. BidaskClub raised Hospitality Properties Trust from a “hold” rating to a “buy” rating in a research note on Friday, November 10th. Finally, Zacks Investment Research raised Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. Hospitality Properties Trust has a consensus rating of “Hold” and an average target price of $31.75.

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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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