Palouse Capital Management Inc. decreased its holdings in shares of Hospitality Properties Trust (NASDAQ:HPT) by 3.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,216 shares of the real estate investment trust’s stock after selling 2,824 shares during the quarter. Palouse Capital Management Inc. owned about 0.06% of Hospitality Properties Trust worth $2,599,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of HPT. Ffcm LLC lifted its stake in shares of Hospitality Properties Trust by 221.1% in the 2nd quarter. Ffcm LLC now owns 3,834 shares of the real estate investment trust’s stock worth $114,000 after acquiring an additional 2,640 shares during the period. Kemper Corp Master Retirement Trust lifted its stake in Hospitality Properties Trust by 0.5% during the second quarter. Kemper Corp Master Retirement Trust now owns 4,925 shares of the real estate investment trust’s stock valued at $144,000 after purchasing an additional 25 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. lifted its stake in Hospitality Properties Trust by 117.4% during the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 5,000 shares of the real estate investment trust’s stock valued at $158,000 after purchasing an additional 2,700 shares during the last quarter. Quantbot Technologies LP lifted its stake in Hospitality Properties Trust by 8.4% during the second quarter. Quantbot Technologies LP now owns 6,827 shares of the real estate investment trust’s stock valued at $199,000 after purchasing an additional 527 shares during the last quarter. Finally, Parametrica Management Ltd acquired a new stake in Hospitality Properties Trust during the second quarter valued at approximately $208,000. Institutional investors and hedge funds own 76.17% of the company’s stock.

Several research analysts have weighed in on the stock. Zacks Investment Research lowered shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. 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. BidaskClub raised shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th. FBR & Co reissued a “buy” rating and issued a $33.00 target price (down from $35.00) on shares of Hospitality Properties Trust in a research report on Thursday, August 10th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $33.00 target price (down from $33.50) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $32.17.

Hospitality Properties Trust (NASDAQ:HPT) last announced its earnings results on Wednesday, August 9th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.09 by ($0.03). The business had revenue of $570.60 million during the quarter, compared to the consensus estimate of $557.61 million. Hospitality Properties Trust had a net margin of 10.22% and a return on equity of 7.53%. The company’s revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.09 EPS.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 16th. Investors of record on Monday, October 23rd will be given a dividend of $0.52 per share. The ex-dividend date is Friday, October 20th. This represents a $2.08 annualized dividend and a yield of 7.28%. Hospitality Properties Trust’s dividend payout ratio is 176.27%.

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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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