Sheaff Brock Investment Advisors LLC Purchases 7,039 Shares of Hospitality Properties Trust (NASDAQ:HPT)

Sheaff Brock Investment Advisors LLC boosted its stake in Hospitality Properties Trust (NASDAQ:HPT) by 4.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 182,018 shares of the real estate investment trust’s stock after buying an additional 7,039 shares during the period. Sheaff Brock Investment Advisors LLC owned 0.11% of Hospitality Properties Trust worth $5,306,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Ffcm LLC increased its stake in shares of Hospitality Properties Trust by 221.1% during the second quarter. Ffcm LLC now owns 3,834 shares of the real estate investment trust’s stock valued at $114,000 after purchasing an additional 2,640 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of Hospitality Properties Trust by 134.8% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 314,729 shares of the real estate investment trust’s stock valued at $9,174,000 after purchasing an additional 180,680 shares in the last quarter. Armor Investment Advisors LLC increased its stake in shares of Hospitality Properties Trust by 3.9% during the second quarter. Armor Investment Advisors LLC now owns 60,011 shares of the real estate investment trust’s stock valued at $1,749,000 after purchasing an additional 2,256 shares in the last quarter. Boyer & Corporon Wealth Management LLC increased its stake in shares of Hospitality Properties Trust by 1.4% during the second quarter. Boyer & Corporon Wealth Management LLC now owns 68,856 shares of the real estate investment trust’s stock valued at $2,007,000 after purchasing an additional 982 shares in the last quarter. Finally, Swiss National Bank increased its stake in shares of Hospitality Properties Trust by 1.1% during the second quarter. Swiss National Bank now owns 273,688 shares of the real estate investment trust’s stock valued at $7,978,000 after purchasing an additional 3,000 shares in the last quarter. Institutional investors and hedge funds own 76.41% of the company’s stock.

A number of brokerages have weighed in on HPT. Robert W. Baird reaffirmed a “neutral” rating and set a $32.00 target price (up previously from $31.00) on shares of Hospitality Properties Trust in a research note on Friday, June 16th. BidaskClub raised shares of Hospitality Properties Trust from a “strong sell” rating to a “sell” rating in a research report on Friday, June 16th. Zacks Investment Research downgraded shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. FBR & Co reissued a “buy” rating and set a $33.00 price target (down previously from $35.00) on shares of Hospitality Properties Trust in a research report on Thursday, August 10th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $33.00 price target (down previously from $33.50) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. Hospitality Properties Trust currently has a consensus rating of “Hold” and an average target price of $32.86.

Shares of Hospitality Properties Trust (HPT) traded up 0.11% on Wednesday, hitting $27.72. 58,034 shares of the stock traded hands. The stock has a 50 day moving average of $27.77 and a 200 day moving average of $29.79. Hospitality Properties Trust has a one year low of $26.06 and a one year high of $32.68. The company has a market cap of $4.55 billion, a PE ratio of 23.55 and a beta of 1.02.

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

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 17th. Investors of record on Monday, July 24th were given a $0.52 dividend. The ex-dividend date was Thursday, July 20th. This represents a $2.08 annualized dividend and a dividend yield of 7.51%. Hospitality Properties Trust’s dividend payout ratio is presently 176.27%.

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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.

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

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