Columbia Asset Management bought a new position in shares of Hospitality Properties Trust (NASDAQ:HPT) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 28,820 shares of the real estate investment trust’s stock, valued at approximately $860,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HPT. FMR LLC increased its position in Hospitality Properties Trust by 77.2% during the 2nd quarter. FMR LLC now owns 56,700 shares of the real estate investment trust’s stock worth $1,653,000 after purchasing an additional 24,700 shares during the period. Virtu KCG Holdings LLC increased its position in Hospitality Properties Trust by 47.4% during the 2nd quarter. Virtu KCG Holdings LLC now owns 13,364 shares of the real estate investment trust’s stock worth $390,000 after purchasing an additional 4,297 shares during the period. Dimensional Fund Advisors LP increased its position in Hospitality Properties Trust by 1.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,352,306 shares of the real estate investment trust’s stock worth $68,572,000 after purchasing an additional 39,405 shares during the period. Voya Investment Management LLC increased its position in Hospitality Properties Trust by 35.1% during the 2nd quarter. Voya Investment Management LLC now owns 197,256 shares of the real estate investment trust’s stock worth $5,750,000 after purchasing an additional 51,282 shares during the period. Finally, Balyasny Asset Management LLC increased its position in Hospitality Properties Trust by 221.4% during the 2nd quarter. Balyasny Asset Management LLC now owns 75,233 shares of the real estate investment trust’s stock worth $2,193,000 after purchasing an additional 51,826 shares during the period. Institutional investors own 75.43% of the company’s stock.

Shares of Hospitality Properties Trust (NASDAQ:HPT) opened at $26.48 on Tuesday. Hospitality Properties Trust has a 52 week low of $26.48 and a 52 week high of $32.68. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $4,350.00, a P/E ratio of 18.91, a P/E/G ratio of 1.45 and a beta of 0.93.

Hospitality Properties Trust (NASDAQ:HPT) last posted its earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. Hospitality Properties Trust had a return on equity of 8.79% and a net margin of 11.66%. The firm had revenue of $577.60 million for the quarter, compared to analyst estimates of $581.67 million. During the same quarter in the prior year, the company earned $1.03 EPS. Hospitality Properties Trust’s revenue was up 6.3% on a year-over-year basis. equities analysts forecast that Hospitality Properties Trust will post 3.55 earnings per share for the current year.

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

HPT has been the topic of several research analyst reports. Wells Fargo & Co lowered Hospitality Properties Trust from a “market perform” rating to an “underperform” rating and set a $28.00 price target on the stock. in a research note on Tuesday, December 19th. Zacks Investment Research raised Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. BidaskClub lowered Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Robert W. Baird set a $30.00 price target on Hospitality Properties Trust and gave the stock a “hold” rating in a research note on Tuesday, October 17th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $31.00 price target on shares of Hospitality Properties Trust in a research note on Wednesday, January 3rd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. Hospitality Properties Trust currently has an average rating of “Hold” and a consensus target price of $31.75.

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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.

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

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