Hospitality Properties Trust (NASDAQ:HPT) released its quarterly earnings results on Thursday. The real estate investment trust reported $0.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.02, Bloomberg Earnings reports. The firm had revenue of $535.14 million for the quarter, compared to analyst estimates of $518.18 million. Hospitality Properties Trust had a net margin of 11.66% and a return on equity of 8.79%. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.57 EPS.
Hospitality Properties Trust (HPT) traded down $0.29 during trading on Thursday, reaching $25.44. 1,774,900 shares of the company traded hands, compared to its average volume of 783,566. Hospitality Properties Trust has a 12-month low of $24.59 and a 12-month high of $32.68. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.42 and a quick ratio of 0.42. The firm has a market cap of $4,228.70, a P/E ratio of 18.02, a PEG ratio of 1.36 and a beta of 0.93.
The business also recently announced a dividend, which was paid on Monday, February 26th. Investors of record on Monday, January 29th were issued a $0.52 dividend. The ex-dividend date was Friday, January 26th. This represents a yield of 0.0178448867536033%. Hospitality Properties Trust’s dividend payout ratio (DPR) is presently 148.57%.
Institutional investors have recently bought and sold shares of the stock. Eliot Finkel Investment Counsel LLC increased its holdings 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 valued at $4,154,000 after purchasing an additional 6,530 shares during the last quarter. Prudential Financial Inc. increased its holdings 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 valued at $63,587,000 after purchasing an additional 310,945 shares during the last quarter. Honeywell International Inc. increased its holdings 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 valued at $888,000 after purchasing an additional 12,903 shares during the last quarter. Bridgecreek Investment Management LLC increased its holdings 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 valued at $2,259,000 after purchasing an additional 5,250 shares during the last quarter. Finally, Icon Advisers Inc. Co. acquired a new stake in Hospitality Properties Trust in the 3rd quarter valued at approximately $1,074,000. Hedge funds and other institutional investors own 75.16% of the company’s stock.
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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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