TCW Group Inc. Has $10.28 Million Position in Hospitality Properties Trust (HPT)

TCW Group Inc. decreased its position in shares of Hospitality Properties Trust (NASDAQ:HPT) by 22.1% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 360,846 shares of the real estate investment trust’s stock after selling 102,414 shares during the quarter. TCW Group Inc. owned approximately 0.22% of Hospitality Properties Trust worth $10,281,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HPT. Uniplan Investment Counsel Inc. lifted its stake in shares of Hospitality Properties Trust by 102.4% during the 2nd quarter. Uniplan Investment Counsel Inc. now owns 4,551,916 shares of the real estate investment trust’s stock valued at $67,553,000 after buying an additional 2,302,654 shares in the last quarter. Koch Industries Inc. purchased a new position in shares of Hospitality Properties Trust during the 2nd quarter valued at $386,000. Prudential Financial Inc. lifted its stake in shares of Hospitality Properties Trust by 16.2% during the 3rd quarter. Prudential Financial Inc. now owns 2,231,889 shares of the real estate investment trust’s stock valued at $63,587,000 after buying an additional 310,945 shares in the last quarter. Numeric Investors LLC purchased a new position in shares of Hospitality Properties Trust during the 2nd quarter valued at $6,637,000. Finally, Thrivent Financial For Lutherans lifted its stake in shares of Hospitality Properties Trust by 245.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 290,199 shares of the real estate investment trust’s stock valued at $8,459,000 after buying an additional 206,210 shares in the last quarter. Institutional investors own 76.03% of the company’s stock.

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Shares of Hospitality Properties Trust (NASDAQ HPT) traded up $0.02 during trading hours on Thursday, reaching $29.60. 566,100 shares of the company traded hands, compared to its average volume of 603,790. The company has a market cap of $4,861.45, a P/E ratio of 8.19, a price-to-earnings-growth ratio of 1.65 and a beta of 1.05. Hospitality Properties Trust has a one year low of $26.64 and a one year high of $32.68. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.42 and a quick ratio of 0.42.

Hospitality Properties Trust (NASDAQ:HPT) last issued its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 EPS for the quarter, beating the consensus estimate of $1.04 by $0.03. The company had revenue of $577.60 million for the quarter, compared to the consensus estimate of $581.67 million. Hospitality Properties Trust had a net margin of 11.66% and a return on equity of 8.79%. The firm’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.03 EPS. analysts predict that Hospitality Properties Trust will post 3.58 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 16th. Shareholders of record on Monday, October 23rd will be paid a $0.52 dividend. The ex-dividend date is Friday, October 20th. This represents a $2.08 dividend on an annualized basis and a yield of 7.03%. Hospitality Properties Trust’s dividend payout ratio is currently 148.57%.

Several analysts have commented on the stock. B. Riley reiterated a “buy” rating on shares of Hospitality Properties Trust in a research note on Wednesday, November 1st. FBR & Co restated a “buy” rating and issued a $33.00 target price (down from $35.00) on shares of Hospitality Properties Trust in a report on Thursday, August 10th. BidaskClub upgraded shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating in a report on Friday, November 10th. Stifel Nicolaus restated a “buy” rating and issued a $33.00 target price (down from $33.50) on shares of Hospitality Properties Trust in a report on Friday, August 11th. Finally, Zacks Investment Research upgraded shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Hospitality Properties Trust currently has an average rating of “Buy” and an average price target of $32.17.

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.

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

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