Renaissance Technologies LLC increased its stake in Hospitality Properties Trust (NASDAQ:HPT) by 136.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 900,800 shares of the real estate investment trust’s stock after buying an additional 520,500 shares during the quarter. Renaissance Technologies LLC’s holdings in Hospitality Properties Trust were worth $26,889,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Cadence Capital Management LLC grew its stake in shares of Hospitality Properties Trust by 16.7% in the third quarter. Cadence Capital Management LLC now owns 12,472 shares of the real estate investment trust’s stock valued at $355,000 after buying an additional 1,789 shares in the last quarter. Armor Investment Advisors LLC grew its stake in shares of Hospitality Properties Trust by 3.2% in the fourth quarter. Armor Investment Advisors LLC now owns 63,775 shares of the real estate investment trust’s stock valued at $1,904,000 after buying an additional 1,957 shares in the last quarter. Asset Management One Co. Ltd. grew its stake in shares of Hospitality Properties Trust by 0.6% in the third quarter. Asset Management One Co. Ltd. now owns 348,350 shares of the real estate investment trust’s stock valued at $9,978,000 after buying an additional 2,016 shares in the last quarter. Moors & Cabot Inc. grew its stake in shares of Hospitality Properties Trust by 11.6% in the third quarter. Moors & Cabot Inc. now owns 21,575 shares of the real estate investment trust’s stock valued at $615,000 after buying an additional 2,250 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of Hospitality Properties Trust by 21.9% in the third quarter. Private Advisor Group LLC now owns 13,158 shares of the real estate investment trust’s stock valued at $376,000 after buying an additional 2,366 shares in the last quarter. Institutional investors and hedge funds own 77.21% of the company’s stock.

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HPT has been the subject of a number of recent research reports. Wells Fargo lowered Hospitality Properties Trust from a “market perform” rating to an “underperform” rating and set a $28.00 target price for the company. in a research note on Tuesday, December 19th. Stifel Nicolaus reiterated a “buy” rating and issued a $31.00 target price on shares of Hospitality Properties Trust in a research note on Wednesday, January 3rd. BidaskClub lowered Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. B. Riley reiterated a “buy” rating and issued a $35.00 target price on shares of Hospitality Properties Trust in a research note on Monday, January 22nd. Finally, DA Davidson lowered Hospitality Properties Trust from a “buy” rating to a “neutral” rating and set a $35.00 target price for the company. in a research note on Friday, March 2nd. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $31.00.

Hospitality Properties Trust (HPT) opened at $24.55 on Friday. The company has a market capitalization of $4,108.64, a PE ratio of 6.98, a P/E/G ratio of 1.34 and a beta of 1.00. Hospitality Properties Trust has a 1-year low of $23.93 and a 1-year high of $32.68. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 1.45.

Hospitality Properties Trust (NASDAQ:HPT) last issued its quarterly earnings results on Thursday, March 1st. The real estate investment trust reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. The firm had revenue of $535.14 million during the quarter, compared to the consensus estimate of $518.18 million. Hospitality Properties Trust had a return on equity of 6.16% and a net margin of 9.91%. Hospitality Properties Trust’s revenue for the quarter was up 11.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.57 earnings per share. equities analysts forecast that Hospitality Properties Trust will post 3.73 EPS for the current fiscal year.

The firm also recently declared a dividend, which was paid on Monday, February 26th. Investors of record on Monday, January 29th were issued a $0.52 dividend. This represents a yield of 0.0178448867536033%. The ex-dividend date was Friday, January 26th. Hospitality Properties Trust’s dividend payout ratio is currently 167.74%.

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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.

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

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