First Allied Advisory Services Inc. Sells 675 Shares of Hospitality Properties Trust (HPT)

Share on StockTwits

First Allied Advisory Services Inc. trimmed its holdings in shares of Hospitality Properties Trust (NASDAQ:HPT) by 4.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,622 shares of the real estate investment trust’s stock after selling 675 shares during the quarter. First Allied Advisory Services Inc.’s holdings in Hospitality Properties Trust were worth $358,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. We Are One Seven LLC bought a new position in Hospitality Properties Trust in the 4th quarter valued at about $42,000. KBC Group NV bought a new stake in shares of Hospitality Properties Trust during the 4th quarter valued at approximately $57,000. Oregon Public Employees Retirement Fund grew its holdings in shares of Hospitality Properties Trust by 2,288.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,555,209 shares of the real estate investment trust’s stock valued at $65,000 after purchasing an additional 1,490,083 shares during the last quarter. Bronfman E.L. Rothschild L.P. grew its holdings in shares of Hospitality Properties Trust by 600.3% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 4,041 shares of the real estate investment trust’s stock valued at $96,000 after purchasing an additional 3,464 shares during the last quarter. Finally, BDO Wealth Advisors LLC grew its holdings in shares of Hospitality Properties Trust by 47.8% during the 4th quarter. BDO Wealth Advisors LLC now owns 5,631 shares of the real estate investment trust’s stock valued at $134,000 after purchasing an additional 1,821 shares during the last quarter. 73.49% of the stock is currently owned by institutional investors and hedge funds.

Shares of Hospitality Properties Trust stock opened at $26.00 on Friday. The company has a market cap of $4.28 billion, a P/E ratio of 7.05, a P/E/G ratio of 1.44 and a beta of 1.06. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.39 and a current ratio of 0.39. Hospitality Properties Trust has a 1 year low of $22.47 and a 1 year high of $29.43.

Hospitality Properties Trust (NASDAQ:HPT) last announced its quarterly earnings results on Friday, May 10th. The real estate investment trust reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.01. The company had revenue of $524.90 million for the quarter, compared to analyst estimates of $529.66 million. Hospitality Properties Trust had a negative net margin of 5.25% and a negative return on equity of 4.42%. The firm’s revenue was down .7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.94 EPS. Equities research analysts forecast that Hospitality Properties Trust will post 3.64 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 16th. Investors of record on Monday, April 29th were given a dividend of $0.54 per share. The ex-dividend date was Friday, April 26th. This is an increase from Hospitality Properties Trust’s previous quarterly dividend of $0.53. This represents a $2.16 annualized dividend and a yield of 8.31%. Hospitality Properties Trust’s dividend payout ratio (DPR) is currently 58.54%.

Several equities research analysts recently issued reports on HPT shares. BidaskClub raised shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Wednesday, January 30th. B. Riley set a $32.00 price target on shares of Hospitality Properties Trust and gave the company a “buy” rating in a report on Thursday, February 28th. Finally, Zacks Investment Research lowered shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, May 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $30.33.

TRADEMARK VIOLATION NOTICE: This article was first reported by Ticker Report and is owned by of Ticker Report. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and international copyright law. The legal version of this article can be read at https://www.tickerreport.com/banking-finance/4351134/first-allied-advisory-services-inc-sells-675-shares-of-hospitality-properties-trust-hpt.html.

About Hospitality Properties Trust

Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, the District of Columbia, Puerto Rico and Canada. HPT's properties are operated under long term management or lease agreements. HPT is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.

See Also: SEC Filing

Want to see what other hedge funds are holding HPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hospitality Properties Trust (NASDAQ:HPT).

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

Receive News & Ratings for Hospitality Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hospitality Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Brokerages Set FedEx Co.  Price Target at $200.77
Brokerages Set FedEx Co. Price Target at $200.77
SYNNEX  Issues Q3 Earnings Guidance
SYNNEX Issues Q3 Earnings Guidance
Paychex  Updates FY 2020 Earnings Guidance
Paychex Updates FY 2020 Earnings Guidance
IHS Markit  Updates FY19 Earnings Guidance
IHS Markit Updates FY19 Earnings Guidance
LyondellBasell Industries  Updates Q2 Earnings Guidance
LyondellBasell Industries Updates Q2 Earnings Guidance
Starbucks  Coverage Initiated by Analysts at Citigroup
Starbucks Coverage Initiated by Analysts at Citigroup


© 2006-2019 Ticker Report