Hospitality Properties Trust (HPT) Shares Bought by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Hospitality Properties Trust (NASDAQ:HPT) by 19.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,014 shares of the real estate investment trust’s stock after purchasing an additional 2,433 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Hospitality Properties Trust were worth $448,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Welch & Forbes LLC increased its holdings in shares of Hospitality Properties Trust by 1.4% during the fourth quarter. Welch & Forbes LLC now owns 781,970 shares of the real estate investment trust’s stock valued at $23,342,000 after acquiring an additional 10,643 shares in the last quarter. Community Bank of Raymore increased its holdings in shares of Hospitality Properties Trust by 0.6% during the fourth quarter. Community Bank of Raymore now owns 1,255,723 shares of the real estate investment trust’s stock valued at $37,483,000 after acquiring an additional 7,570 shares in the last quarter. Eqis Capital Management Inc. increased its holdings in shares of Hospitality Properties Trust by 22.5% during the fourth quarter. Eqis Capital Management Inc. now owns 13,920 shares of the real estate investment trust’s stock valued at $416,000 after acquiring an additional 2,555 shares in the last quarter. Lourd Capital LLC bought a new stake in shares of Hospitality Properties Trust during the fourth quarter valued at approximately $229,000. Finally, SG Americas Securities LLC increased its holdings in shares of Hospitality Properties Trust by 81.6% during the fourth quarter. SG Americas Securities LLC now owns 76,070 shares of the real estate investment trust’s stock valued at $2,271,000 after acquiring an additional 34,192 shares in the last quarter. Institutional investors and hedge funds own 75.26% of the company’s stock.

HPT has been the subject of several recent research reports. BidaskClub upgraded Hospitality Properties Trust from a “hold” rating to a “buy” rating in a report on Friday, November 10th. B. Riley restated a “buy” rating and set a $35.00 price objective on shares of Hospitality Properties Trust in a report on Monday, January 22nd. Stifel Nicolaus restated a “buy” rating and set a $31.00 price objective on shares of Hospitality Properties Trust in a report on Wednesday, January 3rd. Zacks Investment Research upgraded Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Finally, Wells Fargo & Co downgraded Hospitality Properties Trust from a “market perform” rating to an “underperform” rating and set a $28.00 price objective for the company. in a report on Tuesday, December 19th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $31.75.

Hospitality Properties Trust (NASDAQ:HPT) opened at $27.27 on Friday. The stock has a market capitalization of $4,455.50, a P/E ratio of 19.48, a P/E/G ratio of 1.44 and a beta of 0.93. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.44. Hospitality Properties Trust has a 1 year low of $25.62 and a 1 year high of $32.68.

The business also recently announced a dividend, which will be paid on Monday, February 26th. Investors of record on Monday, January 29th will be given a dividend of $0.52 per share. The ex-dividend date is Friday, January 26th. This represents a dividend yield of 0.0178448867536033%. Hospitality Properties Trust’s payout ratio is 148.57%.

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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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