Sei Investments Co. raised its stake in Hospitality Properties Trust (NASDAQ:HPT) by 29.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 46,819 shares of the real estate investment trust’s stock after buying an additional 10,723 shares during the period. Sei Investments Co.’s holdings in Hospitality Properties Trust were worth $1,365,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Hospitality Properties Trust by 3.3% in the first quarter. Vanguard Group Inc. now owns 29,114,517 shares of the real estate investment trust’s stock worth $917,981,000 after buying an additional 935,494 shares in the last quarter. BlackRock Inc. boosted its position in shares of Hospitality Properties Trust by 5,144.8% in the first quarter. BlackRock Inc. now owns 16,690,904 shares of the real estate investment trust’s stock worth $526,264,000 after buying an additional 16,372,668 shares in the last quarter. State Street Corp boosted its position in shares of Hospitality Properties Trust by 1.1% in the first quarter. State Street Corp now owns 7,494,424 shares of the real estate investment trust’s stock worth $236,299,000 after buying an additional 81,867 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Hospitality Properties Trust by 3.1% in the first quarter. Dimensional Fund Advisors LP now owns 2,312,901 shares of the real estate investment trust’s stock worth $72,925,000 after buying an additional 68,915 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Hospitality Properties Trust by 8.8% in the first quarter. Geode Capital Management LLC now owns 1,819,622 shares of the real estate investment trust’s stock worth $57,372,000 after buying an additional 147,371 shares in the last quarter. Hedge funds and other institutional investors own 76.41% of the company’s stock.

Shares of Hospitality Properties Trust (HPT) opened at 26.94 on Wednesday. The company’s 50 day moving average price is $28.32 and its 200-day moving average price is $30.15. The firm has a market cap of $4.43 billion, a price-to-earnings ratio of 22.89 and a beta of 1.01. Hospitality Properties Trust has a 1-year low of $26.06 and a 1-year high of $32.68.

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

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 17th. Investors of record on Monday, July 24th were paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 7.72%. The ex-dividend date of this dividend was Thursday, July 20th. Hospitality Properties Trust’s payout ratio is presently 176.27%.

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HPT has been the subject of a number of research analyst reports. Zacks Investment Research cut Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, May 9th. BidaskClub upgraded Hospitality Properties Trust from a “strong sell” rating to a “sell” rating in a research report on Friday, June 16th. Robert W. Baird restated a “neutral” rating and issued a $32.00 price target (up previously from $31.00) on shares of Hospitality Properties Trust in a research report on Friday, June 16th. Canaccord Genuity restated a “hold” rating and issued a $30.00 price target (down previously from $32.00) on shares of Hospitality Properties Trust in a research 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 report on Friday, August 11th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. Hospitality Properties Trust currently has an average rating of “Hold” and an average target price of $32.86.

Hospitality Properties Trust Company 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.

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

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