New Mexico Educational Retirement Board continued to hold its position in shares of Hospitality Properties Trust (NASDAQ:HPT) during the second quarter, according to its most recent filing with the SEC. The firm owned 22,652 shares of the real estate investment trust’s stock at the end of the second quarter. New Mexico Educational Retirement Board’s holdings in Hospitality Properties Trust were worth $658,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Global X Management Co. LLC boosted its position in shares of Hospitality Properties Trust by 6.5% in the second quarter. Global X Management Co. LLC now owns 321,979 shares of the real estate investment trust’s stock valued at $9,386,000 after buying an additional 19,658 shares in the last quarter. Honeywell International Inc. acquired a new position in shares of Hospitality Properties Trust during the second quarter valued at about $533,000. Anchor Capital Advisors LLC boosted its position in shares of Hospitality Properties Trust by 91.4% in the second quarter. Anchor Capital Advisors LLC now owns 67,061 shares of the real estate investment trust’s stock valued at $1,955,000 after buying an additional 32,018 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of Hospitality Properties Trust by 1.6% in the second quarter. Stratos Wealth Partners LTD. now owns 56,218 shares of the real estate investment trust’s stock valued at $1,639,000 after buying an additional 882 shares in the last quarter. Finally, Sei Investments Co. boosted its position in shares of Hospitality Properties Trust by 29.7% in the second quarter. Sei Investments Co. now owns 46,819 shares of the real estate investment trust’s stock valued at $1,365,000 after buying an additional 10,723 shares in the last quarter. 77.19% of the stock is currently owned by institutional investors.

Hospitality Properties Trust (NASDAQ:HPT) opened at 27.46 on Thursday. The stock has a market capitalization of $4.51 billion, a P/E ratio of 23.33 and a beta of 1.01. The stock has a 50 day moving average of $28.72 and a 200 day moving average of $30.34. Hospitality Properties Trust has a 52-week low of $26.06 and a 52-week high of $32.68.

Hospitality Properties Trust (NASDAQ:HPT) last posted its earnings results on Wednesday, August 9th. The real estate investment trust reported $1.06 earnings per share (EPS) 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 the consensus estimate of $557.61 million. During the same period in the previous year, the company posted $1.09 earnings per share. Hospitality Properties Trust’s revenue for the quarter was up 3.7% compared to the same quarter last year. On average, equities research analysts forecast that Hospitality Properties Trust will post $1.25 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 17th. Investors of record on Monday, July 24th will be paid a dividend of $0.52 per share. The ex-dividend date of this dividend is Thursday, July 20th. This represents a $2.08 dividend on an annualized basis and a yield of 7.57%. Hospitality Properties Trust’s payout ratio is 176.27%.

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HPT has been the topic of several analyst reports. Canaccord Genuity reissued a “hold” rating and issued a $30.00 target price (down from $32.00) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. Stifel Nicolaus reissued a “buy” rating and issued a $33.00 target price (down from $33.50) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. FBR & Co reissued a “buy” rating and issued a $33.00 target price (down from $35.00) on shares of Hospitality Properties Trust in a research report on Thursday, August 10th. BidaskClub raised shares of Hospitality Properties Trust from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 2nd. Finally, Zacks Investment Research downgraded shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $32.86.

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.

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

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