Commonwealth of Pennsylvania Public School Empls Retrmt SYS Reduces Stake in Hospitality Properties Trust (HPT)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its stake in Hospitality Properties Trust (NASDAQ:HPT) by 0.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,974 shares of the real estate investment trust’s stock after selling 22 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Hospitality Properties Trust were worth $699,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. OLD Mutual Customised Solutions Proprietary Ltd. increased its stake in shares of Hospitality Properties Trust by 117.4% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 5,000 shares of the real estate investment trust’s stock worth $158,000 after acquiring an additional 2,700 shares during the last quarter. Quantbot Technologies LP bought a new stake in Hospitality Properties Trust in the first quarter worth $198,000. Parametrica Management Ltd bought a new stake in Hospitality Properties Trust in the second quarter worth $208,000. Jane Street Group LLC bought a new stake in Hospitality Properties Trust in the first quarter worth $209,000. Finally, BlueCrest Capital Management Ltd bought a new stake in Hospitality Properties Trust in the first quarter worth $214,000. 76.41% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Hospitality Properties Trust (NASDAQ:HPT) opened at 28.43 on Friday. The company has a 50-day moving average of $27.73 and a 200-day moving average of $29.71. Hospitality Properties Trust has a one year low of $26.06 and a one year high of $32.68. The company has a market capitalization of $4.67 billion, a PE ratio of 24.15 and a beta of 1.02.

Hospitality Properties Trust (NASDAQ:HPT) last issued its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.09 by ($0.03). Hospitality Properties Trust had a net margin of 10.22% and a return on equity of 7.53%. The business had revenue of $570.60 million during the quarter, compared to analyst estimates of $557.61 million. During the same quarter in the previous year, the firm posted $1.09 earnings per share. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. On average, analysts anticipate that Hospitality Properties Trust will post $1.07 earnings per share for the current year.

A number of brokerages recently issued reports on HPT. Robert W. Baird reiterated a “neutral” rating and issued a $32.00 price objective (up from $31.00) on shares of Hospitality Properties Trust in a report on Friday, June 16th. BidaskClub upgraded shares of Hospitality Properties Trust from a “strong sell” rating to a “sell” rating in a report on Friday, June 16th. Zacks Investment Research cut shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. FBR & Co reiterated a “buy” rating and issued a $33.00 price objective (down from $35.00) on shares of Hospitality Properties Trust in a report on Thursday, August 10th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $33.00 price objective (down from $33.50) on shares of Hospitality Properties Trust in a report on Friday, August 11th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Hospitality Properties Trust has a consensus rating of “Hold” and an average target price of $32.86.

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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