Teachers Advisors LLC Raises Position in Hospitality Properties Trust (HPT)

Teachers Advisors LLC increased its position in shares of Hospitality Properties Trust (NASDAQ:HPT) by 14.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 239,923 shares of the real estate investment trust’s stock after acquiring an additional 30,510 shares during the period. Teachers Advisors LLC’s holdings in Hospitality Properties Trust were worth $7,162,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Teachers Retirement System of The State of Kentucky grew its position in Hospitality Properties Trust by 10.5% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 31,600 shares of the real estate investment trust’s stock worth $943,000 after acquiring an additional 3,000 shares during the last quarter. Two Sigma Advisers LP grew its position in Hospitality Properties Trust by 119.9% during the 4th quarter. Two Sigma Advisers LP now owns 109,503 shares of the real estate investment trust’s stock worth $3,269,000 after acquiring an additional 59,700 shares during the last quarter. Teachers Insurance & Annuity Association of America grew its position in Hospitality Properties Trust by 10.2% during the 4th quarter. Teachers Insurance & Annuity Association of America now owns 179,103 shares of the real estate investment trust’s stock worth $5,346,000 after acquiring an additional 16,640 shares during the last quarter. Kendall Capital Management bought a new stake in Hospitality Properties Trust during the 4th quarter worth $895,000. Finally, Deutsche Bank AG grew its position in Hospitality Properties Trust by 87.1% during the 4th quarter. Deutsche Bank AG now owns 365,759 shares of the real estate investment trust’s stock worth $10,915,000 after acquiring an additional 170,256 shares during the last quarter. Institutional investors and hedge funds own 77.21% of the company’s stock.

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A number of equities research analysts recently weighed in on HPT shares. Wells Fargo upgraded Hospitality Properties Trust from an “underperform” rating to a “market perform” rating and reduced their price objective for the stock from $28.00 to $25.00 in a research report on Monday, March 19th. TheStreet lowered Hospitality Properties Trust from a “b” rating to a “c+” rating in a research report on Thursday, March 1st. BidaskClub lowered Hospitality Properties Trust from a “sell” rating to a “strong sell” rating in a research report on Saturday, February 24th. Robert W. Baird restated a “hold” rating and set a $27.00 price objective on shares of Hospitality Properties Trust in a research report on Tuesday, March 6th. Finally, Zacks Investment Research lowered Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, March 6th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $31.00.

NASDAQ HPT opened at $24.86 on Friday. Hospitality Properties Trust has a 12 month low of $23.83 and a 12 month high of $32.68. The stock has a market capitalization of $4,139.87, a price-to-earnings ratio of 7.04, a P/E/G ratio of 1.35 and a beta of 0.98. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.36 and a current ratio of 0.36.

Hospitality Properties Trust (NASDAQ:HPT) last released its quarterly earnings results on Thursday, March 1st. The real estate investment trust reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. Hospitality Properties Trust had a return on equity of 6.16% and a net margin of 9.91%. The firm had revenue of $535.14 million for the quarter, compared to analyst estimates of $518.18 million. During the same quarter in the previous year, the company posted $0.57 EPS. The business’s revenue was up 11.7% on a year-over-year basis. equities research analysts expect that Hospitality Properties Trust will post 3.73 EPS for the current year.

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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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Institutional Ownership by Quarter for Hospitality Properties Trust (NASDAQ:HPT)

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