Canada Pension Plan Investment Board increased its position in Hospitality Properties Trust (NASDAQ:HPT) by 11.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 47,900 shares of the real estate investment trust’s stock after purchasing an additional 5,100 shares during the quarter. Canada Pension Plan Investment Board’s holdings in Hospitality Properties Trust were worth $1,365,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of HPT. Uniplan Investment Counsel Inc. grew its stake in Hospitality Properties Trust by 102.4% in the 2nd quarter. Uniplan Investment Counsel Inc. now owns 4,551,916 shares of the real estate investment trust’s stock valued at $67,553,000 after buying an additional 2,302,654 shares during the last quarter. Koch Industries Inc. acquired a new position in Hospitality Properties Trust in the 2nd quarter valued at about $386,000. Numeric Investors LLC acquired a new position in Hospitality Properties Trust in the 2nd quarter valued at about $6,637,000. Thrivent Financial For Lutherans grew its stake in Hospitality Properties Trust by 245.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 290,199 shares of the real estate investment trust’s stock valued at $8,459,000 after buying an additional 206,210 shares during the last quarter. Finally, Northern Trust Corp grew its stake in Hospitality Properties Trust by 6.5% in the 2nd quarter. Northern Trust Corp now owns 3,116,831 shares of the real estate investment trust’s stock valued at $90,855,000 after buying an additional 189,013 shares during the last quarter. 76.81% of the stock is currently owned by institutional investors.

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Shares of Hospitality Properties Trust (NASDAQ HPT) opened at $29.78 on Monday. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.44. The stock has a market cap of $4,894.32, a P/E ratio of 8.25, a P/E/G ratio of 1.66 and a beta of 1.05. Hospitality Properties Trust has a 52-week low of $26.64 and a 52-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 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.04 by $0.03. The business 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 firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the business posted $1.03 EPS. analysts forecast that Hospitality Properties Trust will post 3.58 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 16th. Investors of record on Monday, October 23rd were paid a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 6.98%. The ex-dividend date of this dividend was Friday, October 20th. Hospitality Properties Trust’s payout ratio is 148.57%.

A number of research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. BidaskClub upgraded shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating in a research note on Friday, November 10th. B. Riley restated a “buy” rating on shares of Hospitality Properties Trust in a research report on Wednesday, November 1st. Robert W. Baird set a $30.00 target price on shares of Hospitality Properties Trust and gave the stock a “hold” rating in a research report on Tuesday, October 17th. Finally, Canaccord Genuity restated a “hold” rating and set a $30.00 target price (down previously from $32.00) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $32.17.

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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