Louisiana State Employees Retirement System lessened its position in shares of Hospitality Properties Trust (NASDAQ:HPT) by 5.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 41,600 shares of the real estate investment trust’s stock after selling 2,300 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Hospitality Properties Trust were worth $1,242,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Koch Industries Inc. acquired a new stake in Hospitality Properties Trust during the 2nd quarter worth approximately $386,000. JPMorgan Chase & Co. lifted its position in Hospitality Properties Trust by 38.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,414,688 shares of the real estate investment trust’s stock worth $40,544,000 after acquiring an additional 394,744 shares during the period. Prudential Financial Inc. lifted its position in Hospitality Properties Trust by 16.2% during the 3rd quarter. Prudential Financial Inc. now owns 2,231,889 shares of the real estate investment trust’s stock worth $63,587,000 after acquiring an additional 310,945 shares during the period. Numeric Investors LLC acquired a new stake in Hospitality Properties Trust during the 2nd quarter worth approximately $6,637,000. Finally, Northern Trust Corp lifted its position in Hospitality Properties Trust by 6.5% during the 2nd quarter. Northern Trust Corp now owns 3,116,831 shares of the real estate investment trust’s stock worth $90,855,000 after acquiring an additional 189,013 shares during the period. Hedge funds and other institutional investors own 75.64% of the company’s stock.

A number of analysts have weighed in on HPT shares. Wells Fargo & Co cut Hospitality Properties Trust from a “market perform” rating to an “underperform” rating and set a $28.00 price objective for the company. in a research report on Tuesday, December 19th. BidaskClub raised Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Zacks Investment Research raised Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Robert W. Baird set a $30.00 price target on Hospitality Properties Trust and gave the company a “hold” rating in a report on Tuesday, October 17th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $31.00 price target on shares of Hospitality Properties Trust in a report on Wednesday, January 3rd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $31.75.

Hospitality Properties Trust (NASDAQ:HPT) opened at $28.93 on Tuesday. 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 firm has a market capitalization of $4,789.13, a price-to-earnings ratio of 20.66, a price-to-earnings-growth ratio of 1.54 and a beta of 1.06. Hospitality Properties Trust has a 1 year low of $26.64 and a 1 year high of $32.68.

Hospitality Properties Trust (NASDAQ:HPT) last released its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.03. The company had revenue of $577.60 million during the quarter, compared to the consensus estimate of $581.67 million. Hospitality Properties Trust had a return on equity of 8.79% and a net margin of 11.66%. Hospitality Properties Trust’s revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.03 earnings per share. sell-side analysts forecast that Hospitality Properties Trust will post 3.57 EPS for the current fiscal year.

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

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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.

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

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