Shelton Capital Management Has $362,000 Position in Hospitality Properties Trust (HPT)

Shelton Capital Management held its stake in shares of Hospitality Properties Trust (NASDAQ:HPT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,412 shares of the real estate investment trust’s stock at the end of the second quarter. Shelton Capital Management’s holdings in Hospitality Properties Trust were worth $362,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. UBS Asset Management Americas Inc. increased its holdings in Hospitality Properties Trust by 20.3% in the first quarter. UBS Asset Management Americas Inc. now owns 361,470 shares of the real estate investment trust’s stock valued at $11,397,000 after buying an additional 61,025 shares in the last quarter. Schroder Investment Management Group purchased a new position in Hospitality Properties Trust in the first quarter valued at $590,000. Neuberger Berman Group LLC increased its holdings in Hospitality Properties Trust by 30.9% in the first quarter. Neuberger Berman Group LLC now owns 10,241 shares of the real estate investment trust’s stock valued at $323,000 after buying an additional 2,417 shares in the last quarter. OppenheimerFunds Inc. increased its holdings in Hospitality Properties Trust by 23.6% in the first quarter. OppenheimerFunds Inc. now owns 97,024 shares of the real estate investment trust’s stock valued at $3,059,000 after buying an additional 18,553 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in Hospitality Properties Trust by 107.9% in the first quarter. Wellington Management Group LLP now owns 224,545 shares of the real estate investment trust’s stock valued at $7,080,000 after buying an additional 116,543 shares in the last quarter. 76.26% of the stock is owned by hedge funds and other institutional investors.

Shares of Hospitality Properties Trust (HPT) opened at 29.055 on Thursday. The stock has a market cap of $4.77 billion, a PE ratio of 24.686 and a beta of 1.04. The stock’s 50 day moving average is $27.95 and its 200-day moving average is $29.38. Hospitality Properties Trust has a 1-year low of $26.06 and a 1-year high of $32.68.

Hospitality Properties Trust (NASDAQ:HPT) last announced 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 Zacks’ consensus estimate of $1.09 by ($0.03). The company had revenue of $570.60 million during the quarter, compared to analysts’ expectations of $557.61 million. Hospitality Properties Trust had a net margin of 10.22% and a return on equity of 7.53%. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.09 EPS. On average, analysts predict that Hospitality Properties Trust will post $1.07 EPS for the current fiscal year.

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A number of research firms have weighed in on HPT. Zacks Investment Research raised shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a report on Wednesday. BidaskClub cut shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Tuesday. Canaccord Genuity reaffirmed a “hold” rating and issued a $30.00 price objective (down previously from $32.00) on shares of Hospitality Properties Trust in a report on Friday, August 11th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $33.00 price objective (down previously from $33.50) on shares of Hospitality Properties Trust in a report on Friday, August 11th. Finally, FBR & Co reaffirmed a “buy” rating and issued a $33.00 price objective (down previously from $35.00) on shares of Hospitality Properties Trust in a report on Thursday, August 10th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. Hospitality Properties Trust currently has a consensus rating of “Hold” and an average target price of $32.29.

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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