November 29, 2016 - By Ruchi Gupta · 0 Comments
Hospitality Properties Trust (NASDAQ:HPT) institutional sentiment increased to 1.94 in Q2 2016. Its up 0.56, from 1.38 in 2016Q1. The ratio is positive, as 148 active investment managers opened new or increased equity positions, while 107 reduced and sold stakes in Hospitality Properties Trust. The active investment managers in our partner’s database now possess: 113.65 million shares, down from 115.63 million shares in 2016Q1. Also, the number of active investment managers holding Hospitality Properties Trust in their top 10 equity positions increased from 2 to 4 for an increase of 2. Sold All: 25 Reduced: 82 Increased: 121 New Position: 27.
Hospitality Properties Trust is a real estate investment trust. The company has a market cap of $4.76 billion. The Firm owns approximately 300 hotels with over 45,860 rooms or suites, and approximately 190 travel centers. It has a 37.52 P/E ratio. The Company’s divisions include hotel investments, travel center investments and corporate.
About 50,788 shares traded hands. Hospitality Properties Trust (NASDAQ:HPT) has risen 9.50% since April 26, 2016 and is uptrending. It has outperformed by 4.24% the S&P500.
Analysts await Hospitality Properties Trust (NASDAQ:HPT) to report earnings on February, 22. They expect $0.49 EPS, down 9.26% or $0.05 from last year’s $0.54 per share. HPT’s profit will be $79.77M for 14.92 P/E if the $0.49 EPS becomes a reality. After $1.03 actual EPS reported by Hospitality Properties Trust for the previous quarter, Wall Street now forecasts -52.43% negative EPS growth.
According to Zacks Investment Research, “Hospitality Properties Trust is a real estate investment trust. The company owns and leases hotels to unaffiliated hotel operators. The company’s principal strategy is to expand its investments in hotels and to set minimum rents which produce income in excess of the company’s cost of raising capital. The company seeks to provide capital to unaffiliated hotel operators who wish to divest their properties while remaining in the hotel business as tenants and in doing so, ensure stability of cash flow through dependable and diversified revenue sources.”
Community Bank Of Raymore holds 17.56% of its portfolio in Hospitality Properties Trust for 1.27 million shares. Graybill Bartz & Assoc Ltd owns 138,043 shares or 3.68% of their US portfolio. Moreover, Hamlin Capital Management Llc has 3.33% invested in the company for 2.39 million shares. The Virginia-based Capital Management Corp Va has invested 2.62% in the stock. Garland Capital Management Inc, a Washington-based fund reported 113,180 shares.#img1#
Hospitality Properties Trust, incorporated on May 12, 1995, is a real estate investment trust. The Firm owns approximately 300 hotels with over 45,860 rooms or suites, and approximately 190 travel centers. The Company’s divisions include hotel investments, travel center investments and corporate. The Company’s properties are located in approximately 50 states in the United States, Canada and Puerto Rico. The Company’s hotels are operated as Courtyard by Marriott, Royal Sonesta, Sonesta Hotels & Resorts, Candlewood Suites, Residence Inn by Marriott, Sonesta ES Suites, Crowne Plaza Hotels & Resorts, Staybridge Suites, Hyatt Place, Wyndham Grand, Wyndham Hotels & Resorts, InterContinental Hotels & Resorts, Marriott Hotels and Resorts, the Clift Hotel, Radisson Hotels & Resorts, TownePlace Suites by Marriott, Hawthorn Suites, Country Inns & Suites by Carlson, Holiday Inn Hotels & Resorts, SpringHill Suites by Marriott, and Park Plaza Hotels & Resorts.
More notable recent Hospitality Properties Trust (NASDAQ:HPT) news were published by: Forbes.com which released: “Hospitality Properties Trust is Oversold” on November 02, 2016, also Chicagobusiness.com with their article: “Hotel Allegro in Loop selling for $87 million” published on November 09, 2016, Moodys.com published: “Moody’s affirms Hospitality Properties Trust’s ratings with a stable outlook” on October 20, 2016. More interesting news about Hospitality Properties Trust (NASDAQ:HPT) were released by: Businesswire.com and their article: “Hospitality Properties Trust Prices Offering of 11000000 Common Shares” published on August 16, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Hospitality Properties Trust announces Q3 results” with publication date: November 09, 2016.
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By Ruchi Gupta