Bridgecreek Investment Management LLC increased its position in shares of Hospitality Properties Trust (NASDAQ:HPT) by 7.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 79,300 shares of the real estate investment trust’s stock after buying an additional 5,250 shares during the quarter. Bridgecreek Investment Management LLC’s holdings in Hospitality Properties Trust were worth $2,259,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Sei Investments Co. raised its position in shares of Hospitality Properties Trust by 30.2% during the 3rd quarter. Sei Investments Co. now owns 60,976 shares of the real estate investment trust’s stock valued at $1,738,000 after buying an additional 14,157 shares during the period. Global X MANAGEMENT CO LLC increased its holdings in Hospitality Properties Trust by 7.2% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 345,020 shares of the real estate investment trust’s stock valued at $9,830,000 after purchasing an additional 23,041 shares during the last quarter. Prudential Financial Inc. increased its holdings in Hospitality Properties Trust by 16.2% in the 3rd quarter. Prudential Financial Inc. now owns 2,231,889 shares of the real estate investment trust’s stock valued at $63,587,000 after purchasing an additional 310,945 shares during the last quarter. Armor Investment Advisors LLC increased its holdings in Hospitality Properties Trust by 3.0% in the 3rd quarter. Armor Investment Advisors LLC now owns 61,818 shares of the real estate investment trust’s stock valued at $1,761,000 after purchasing an additional 1,807 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in Hospitality Properties Trust by 46.9% in the 3rd quarter. American Century Companies Inc. now owns 265,232 shares of the real estate investment trust’s stock valued at $7,556,000 after purchasing an additional 84,709 shares during the last quarter. 76.03% of the stock is currently owned by hedge funds and other institutional investors.

Hospitality Properties Trust (NASDAQ:HPT) traded down $0.03 during trading hours on Monday, hitting $29.60. 599,300 shares of the company’s stock traded hands, compared to its average volume of 603,787. The firm has a market capitalization of $4,860.00, a P/E ratio of 8.20, a price-to-earnings-growth ratio of 1.65 and a beta of 1.05. 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 fifty-two week low of $26.64 and a fifty-two week high of $32.68.

Hospitality Properties Trust (NASDAQ:HPT) last posted its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.04 by $0.03. The business had revenue of $577.60 million during 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 company’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.03 earnings per share. research analysts expect that Hospitality Properties Trust will post 3.58 earnings per share for the current fiscal year.

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

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Several analysts recently weighed in on HPT shares. BidaskClub upgraded shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. Zacks Investment Research downgraded shares of Hospitality Properties Trust from a “buy” rating to a “sell” rating in a report on Monday, October 23rd. Robert W. Baird set a $30.00 target price on shares of Hospitality Properties Trust and gave the company a “hold” rating in a report on Tuesday, October 17th. Canaccord Genuity reiterated a “hold” rating and issued a $30.00 target price (down previously from $32.00) on shares of Hospitality Properties Trust in a report on Friday, August 11th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $33.00 price target (down previously from $33.50) on shares of Hospitality Properties Trust in a research note on Friday, August 11th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $32.17.

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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