Hospitality Properties Trust (HPT) Position Raised by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC increased its position in shares of Hospitality Properties Trust (NASDAQ:HPT) by 1.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 184,551 shares of the real estate investment trust’s stock after purchasing an additional 2,533 shares during the quarter. Sheaff Brock Investment Advisors LLC owned approximately 0.11% of Hospitality Properties Trust worth $5,258,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. FMR LLC bought a new stake in Hospitality Properties Trust during the 1st quarter worth about $1,009,000. Capstone Asset Management Co. grew its holdings in Hospitality Properties Trust by 1.9% during the 2nd quarter. Capstone Asset Management Co. now owns 12,805 shares of the real estate investment trust’s stock worth $373,000 after acquiring an additional 240 shares during the last quarter. Bank of Montreal Can grew its holdings in Hospitality Properties Trust by 4.1% during the 2nd quarter. Bank of Montreal Can now owns 8,125 shares of the real estate investment trust’s stock worth $237,000 after acquiring an additional 323 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Hospitality Properties Trust by 9.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 118,520 shares of the real estate investment trust’s stock worth $3,456,000 after acquiring an additional 10,710 shares during the last quarter. Finally, Great West Life Assurance Co. Can grew its holdings in Hospitality Properties Trust by 0.9% during the 2nd quarter. Great West Life Assurance Co. Can now owns 206,892 shares of the real estate investment trust’s stock worth $6,028,000 after acquiring an additional 1,911 shares during the last quarter. Institutional investors and hedge funds own 75.62% of the company’s stock.

HPT has been the topic of a number of research analyst reports. BidaskClub raised shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating in a report on Friday, November 10th. B. Riley reissued a “buy” rating on shares of Hospitality Properties Trust in a report on Wednesday, November 1st. Zacks Investment Research raised shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a report on Wednesday, October 11th. Stifel Nicolaus reissued a “buy” rating and set 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 target price (down previously from $35.00) on shares of Hospitality Properties Trust in a research note on Thursday, August 10th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $32.17.

Hospitality Properties Trust (HPT) opened at $29.91 on Monday. The stock has a market cap of $4,915.68, a PE ratio of 8.29, a PEG ratio of 1.67 and a beta of 1.05. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.42 and a quick ratio of 0.42. Hospitality Properties Trust has a one year low of $26.64 and a one year high of $32.68.

Hospitality Properties Trust (NASDAQ:HPT) last issued its earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.03. The company had revenue of $577.60 million for the quarter, compared to analyst estimates of $581.67 million. Hospitality Properties Trust had a net margin of 11.66% and a return on equity of 8.79%. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.03 EPS. sell-side analysts expect that Hospitality Properties Trust will post 3.58 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 16th. Stockholders of record on Monday, October 23rd were paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 6.95%. The ex-dividend date was Friday, October 20th. Hospitality Properties Trust’s dividend payout ratio (DPR) is presently 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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