Public Employees Retirement Association of Colorado increased its position in Hospitality Properties Trust (NASDAQ:HPT) by 0.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 36,432 shares of the real estate investment trust’s stock after buying an additional 14 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Hospitality Properties Trust were worth $1,062,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the company. Naples Global Advisors LLC increased its position in shares of Hospitality Properties Trust by 0.4% in the second quarter. Naples Global Advisors LLC now owns 34,222 shares of the real estate investment trust’s stock worth $998,000 after buying an additional 125 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of Hospitality Properties Trust by 0.7% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 25,347 shares of the real estate investment trust’s stock worth $799,000 after buying an additional 179 shares during the last quarter. Capstone Asset Management Co. increased its position in shares of Hospitality Properties Trust by 1.9% in the second quarter. Capstone Asset Management Co. now owns 12,805 shares of the real estate investment trust’s stock worth $373,000 after buying an additional 240 shares during the last quarter. World Asset Management Inc increased its position in shares of Hospitality Properties Trust by 2.1% in the first quarter. World Asset Management Inc now owns 13,623 shares of the real estate investment trust’s stock worth $430,000 after buying an additional 278 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Hospitality Properties Trust by 1.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 23,829 shares of the real estate investment trust’s stock worth $751,000 after buying an additional 286 shares during the last quarter. Hedge funds and other institutional investors own 77.19% of the company’s stock.

Shares of Hospitality Properties Trust (HPT) opened at 27.39 on Wednesday. The stock has a market cap of $4.50 billion, a P/E ratio of 23.27 and a beta of 1.01. Hospitality Properties Trust has a 52-week low of $26.06 and a 52-week high of $32.68. The firm has a 50-day moving average price of $28.80 and a 200-day moving average price of $30.36.

Hospitality Properties Trust (NASDAQ:HPT) last issued its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $1.06 earnings per share for the quarter, missing analysts’ consensus estimates of $1.09 by $0.03. Hospitality Properties Trust had a return on equity of 7.53% and a net margin of 10.22%. The business had revenue of $570.60 million for the quarter, compared to analysts’ expectations of $557.61 million. During the same period in the prior year, the company earned $1.09 EPS. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. On average, analysts anticipate that Hospitality Properties Trust will post $1.25 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 17th. Shareholders of record on Monday, July 24th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 7.59%. The ex-dividend date is Thursday, July 20th. Hospitality Properties Trust’s dividend payout ratio is presently 176.27%.

WARNING: This piece was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece on another publication, it was stolen and republished in violation of US and international copyright law. The correct version of this piece can be read at https://www.watchlistnews.com/public-employees-retirement-association-of-colorado-has-1-06-million-stake-in-hospitality-properties-trust-hpt/1492980.html.

A number of brokerages recently commented on HPT. Canaccord Genuity reiterated a “hold” rating and set a $30.00 price objective (down previously from $32.00) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. FBR & Co set a $35.00 price objective on Hospitality Properties Trust and gave the stock a “buy” rating in a research report on Saturday, May 13th. Robert W. Baird reiterated a “neutral” rating and set a $32.00 price objective (up previously from $31.00) on shares of Hospitality Properties Trust in a research report on Friday, June 16th. Zacks Investment Research upgraded Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, May 23rd. Finally, Stifel Nicolaus restated a “buy” rating and issued a $33.00 target price (down previously from $33.50) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $32.86.

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.

Want to see what other hedge funds are holding HPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hospitality Properties Trust (NASDAQ:HPT).

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

Receive News & Ratings for Hospitality Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hospitality Properties Trust and related companies with Analyst Ratings Network's FREE daily email newsletter.