Hospitality Properties Trust (HPT) Holdings Cut by Duncker Streett & Co. Inc.

Duncker Streett & Co. Inc. cut its stake in Hospitality Properties Trust (NASDAQ:HPT) by 16.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,980 shares of the real estate investment trust’s stock after selling 3,879 shares during the period. Duncker Streett & Co. Inc.’s holdings in Hospitality Properties Trust were worth $569,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of HPT. State Street Corp increased its position in shares of Hospitality Properties Trust by 0.3% during the second quarter. State Street Corp now owns 7,515,303 shares of the real estate investment trust’s stock valued at $219,069,000 after acquiring an additional 20,879 shares in the last quarter. Uniplan Investment Counsel Inc. increased its position in shares of Hospitality Properties Trust by 102.4% during the second quarter. Uniplan Investment Counsel Inc. now owns 4,551,916 shares of the real estate investment trust’s stock valued at $67,553,000 after acquiring an additional 2,302,654 shares in the last quarter. Northern Trust Corp increased its position in shares of Hospitality Properties Trust by 6.5% during the second quarter. Northern Trust Corp now owns 3,116,831 shares of the real estate investment trust’s stock valued at $90,855,000 after acquiring an additional 189,013 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Hospitality Properties Trust by 0.5% during the second quarter. Bank of New York Mellon Corp now owns 2,430,472 shares of the real estate investment trust’s stock valued at $70,848,000 after acquiring an additional 13,279 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Hospitality Properties Trust by 1.7% during the second quarter. Dimensional Fund Advisors LP now owns 2,352,306 shares of the real estate investment trust’s stock valued at $68,572,000 after acquiring an additional 39,405 shares in the last quarter. Institutional investors and hedge funds own 76.17% of the company’s stock.

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HPT has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Friday. B. Riley reaffirmed a “buy” rating on shares of Hospitality Properties Trust in a research report on Wednesday, November 1st. Canaccord Genuity reaffirmed a “hold” rating and issued a $30.00 target price (down previously from $32.00) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. BidaskClub upgraded shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating in a research note on Friday. Finally, FBR & Co reiterated a “buy” rating and set a $33.00 price target (down previously from $35.00) on shares of Hospitality Properties Trust in a research note on Thursday, August 10th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $32.17.

Hospitality Properties Trust (NASDAQ:HPT) traded down $0.03 during trading on Friday, hitting $29.60. 599,300 shares of the stock were exchanged, compared to its average volume of 603,787. Hospitality Properties Trust has a 12-month low of $26.64 and a 12-month high of $32.68. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.57 and a current ratio of 0.42. The company has a market cap of $4,869.66, a P/E ratio of 8.21, a PEG ratio of 1.66 and a beta of 1.05.

Hospitality Properties Trust (NASDAQ:HPT) last posted its earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. The firm had revenue of $577.60 million for the quarter, compared to the consensus estimate of $581.67 million. Hospitality Properties Trust had a net margin of 11.66% and a return on equity of 8.79%. The business’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.03 EPS. sell-side analysts forecast that Hospitality Properties Trust will post 3.57 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 16th. Investors of record on Monday, October 23rd will be issued a dividend of $0.52 per share. The ex-dividend date is Friday, October 20th. This represents a $2.08 annualized dividend and a yield of 7.03%. Hospitality Properties Trust’s payout ratio is 148.57%.

About Hospitality Properties Trust

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.

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

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