Hospitality Properties Trust (HPT) Stake Reduced by Flinton Capital Management LLC

Marco Green
May 13, 2017

For our stock under consideration here, Hospitality Properties Trust (HPT) has distance from 20 Day SMA is -6.88% while its distance from 50 day SMA is -5.36%. Ltd. raised its stake in Hospitality Properties Trust by 8.5% in the third quarter. After having $0.57 EPS previously, Hospitality Properties Trust's analysts see 59.65% EPS growth. The company's next earnings report is expected to be released on or around 2017-08-08 for the period ending on 2017-06-30. In terms of recent volatility, the average for the month is 1.57% and 1.82% for the past week. Zacks' sales calculations are a mean average based on a survey of research firms that follow Hospitality Properties Trust.

Hospitality Properties Trust (NASDAQ:HPT) last posted its quarterly earnings results on Wednesday, March 1st.

Hospitality Properties Trust is a real estate investment trust. Hospitality Properties Trust had a return on equity of 5.38% and a net margin of 6.90%. The company had revenue of $479.30 million for the quarter, compared to analyst estimates of $492.36 million. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. They expect $0.91 EPS, down 2.15% or $0.02 from last year's $0.93 per share.

COPYRIGHT VIOLATION NOTICE: "Hospitality Properties Trust (HPT) Stake Reduced by Flinton Capital Management LLC" was first reported by Markets Daily and is the sole property of of Markets Daily. DA Davidson reiterated a "buy" rating on shares of Hospitality Properties Trust in a report on Tuesday, March 21st. Zacks Investment Research lowered Hospitality Properties Trust from a "hold" rating to a "sell" rating in a research note on Tuesday.

Among 16 analysts covering Hanesbrands (NYSE:HBI), 12 have Buy rating, 0 Sell and 4 Hold. Hospitality Properties Trust now has an average rating of "Hold" and a consensus price target of $33.42. If you are reading this article on another publication, it was illegally stolen and republished in violation of U.S. & global copyright & trademark legislation.

A number of other large investors also recently made changes to their positions in the company. Fagan Associates Inc. raised its stake in shares of Hospitality Properties Trust by 4.3% in the third quarter. Strs Ohio now owns 241,041 shares of the real estate investment trust's stock valued at $7,163,000 after buying an additional 13,865 shares during the period.

The Company has 165.62 million shares outstanding and 161.69 million shares were floated in market. First Trust Advisors LP boosted its stake in Hersha Hospitality Trust by 0.9% in the first quarter.

The real estate investment trust posted revenue of $488.6 million in the period, which fell short of Street forecasts. BlackRock Investment Management LLC increased its position in Hospitality Properties Trust by 8.1% in the third quarter. The number of shares now owned by investors are 165.62 mln. Northern Trust Corp now owns 2,910,750 shares of the real estate investment trust's stock worth $86,508,000 after buying an additional 136,898 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new position in shares of Hospitality Properties Trust during the fourth quarter valued at $216,000. Hospitality Properties Trust has a 12 month low of $24.62 and a 12 month high of $32.68. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 18th. Stockholders of record on Friday, April 21st will be issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 6.58%. This is an increase from Hospitality Properties Trust's previous quarterly dividend of $0.51.

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. After a recent check, company stock has been trading near the $31.02 mark.

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