First Allied Advisory Services Inc. increased its position in Hospitality Properties Trust (NASDAQ:HPT) by 8.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,232 shares of the real estate investment trust’s stock after purchasing an additional 2,066 shares during the quarter. First Allied Advisory Services Inc.’s holdings in Hospitality Properties Trust were worth $766,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in HPT. Vanguard Group Inc. grew its holdings in Hospitality Properties Trust by 3.3% during the 1st quarter. Vanguard Group Inc. now owns 29,114,517 shares of the real estate investment trust’s stock worth $917,981,000 after acquiring an additional 935,494 shares during the period. BlackRock Inc. raised its position in shares of Hospitality Properties Trust by 5,144.8% during the 1st quarter. BlackRock Inc. now owns 16,690,904 shares of the real estate investment trust’s stock valued at $526,264,000 after acquiring an additional 16,372,668 shares during the last quarter. State Street Corp raised its position in shares of Hospitality Properties Trust by 1.1% during the 1st quarter. State Street Corp now owns 7,494,424 shares of the real estate investment trust’s stock valued at $236,299,000 after acquiring an additional 81,867 shares during the last quarter. Uniplan Investment Counsel Inc. raised its position 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 acquiring an additional 2,302,654 shares during the last quarter. Finally, Northern Trust Corp raised its position in shares of Hospitality Properties Trust by 6.5% during the 2nd quarter. Northern Trust Corp now owns 3,116,831 shares of the real estate investment trust’s stock valued at $90,855,000 after acquiring an additional 189,013 shares during the last quarter. Hedge funds and other institutional investors own 76.26% of the company’s stock.

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Hospitality Properties Trust (NASDAQ HPT) opened at 28.38 on Wednesday. Hospitality Properties Trust has a 1-year low of $26.06 and a 1-year high of $32.68. The firm has a market capitalization of $4.66 billion, a PE ratio of 24.11 and a beta of 1.04. The firm has a 50-day moving average price of $27.72 and a 200-day moving average price of $29.47.

Hospitality Properties Trust (NASDAQ:HPT) last posted its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $1.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate 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 firm had revenue of $570.60 million for the quarter, compared to analyst estimates of $557.61 million. During the same quarter last year, the company earned $1.09 earnings per share. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. Equities analysts expect that Hospitality Properties Trust will post $1.07 earnings per share for the current fiscal year.

Several equities analysts have recently issued reports on HPT shares. BidaskClub upgraded Hospitality Properties Trust from a “strong sell” rating to a “sell” rating in a research report on Friday, June 16th. Stifel Nicolaus reiterated a “buy” rating and issued a $33.00 price target (down from $33.50) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. 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. Robert W. Baird reissued a “neutral” rating and set a $32.00 price objective (up previously from $31.00) on shares of Hospitality Properties Trust in a research note on Friday, June 16th. Finally, FBR & Co reissued a “buy” rating and set a $33.00 price objective (down previously from $35.00) on shares of Hospitality Properties Trust in a research note on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $32.86.

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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