Flinton Capital Management LLC lessened its holdings in shares of Hospitality Properties Trust (NASDAQ:HPT) by 2.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,240 shares of the real estate investment trust’s stock after selling 576 shares during the period. Flinton Capital Management LLC’s holdings in Hospitality Properties Trust were worth $707,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ffcm LLC raised its holdings in shares of Hospitality Properties Trust by 221.1% during the second quarter. Ffcm LLC now owns 3,834 shares of the real estate investment trust’s stock valued at $114,000 after buying an additional 2,640 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. raised its holdings in shares of Hospitality Properties Trust by 117.4% during the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 5,000 shares of the real estate investment trust’s stock valued at $158,000 after buying an additional 2,700 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Hospitality Properties Trust during the first quarter valued at approximately $209,000. BlueCrest Capital Management Ltd bought a new stake in shares of Hospitality Properties Trust during the first quarter valued at approximately $214,000. Finally, Quantbot Technologies LP raised its holdings in shares of Hospitality Properties Trust by 8.4% during the second quarter. Quantbot Technologies LP now owns 6,827 shares of the real estate investment trust’s stock valued at $199,000 after buying an additional 527 shares during the last quarter. 76.26% of the stock is currently owned by institutional investors.

HPT has been the topic of a number of recent analyst reports. Stifel Nicolaus reaffirmed a “buy” rating and set a $33.00 price target (down previously from $33.50) on shares of Hospitality Properties Trust in a report on Friday, August 11th. FBR & Co reissued a “buy” rating and set a $33.00 target price (down previously from $35.00) on shares of Hospitality Properties Trust in a report on Thursday, August 10th. BidaskClub raised Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. Canaccord Genuity reissued a “hold” rating and set a $30.00 target price (down previously from $32.00) on shares of Hospitality Properties Trust in a report on Friday, August 11th. Finally, Robert W. Baird reissued a “neutral” rating and set a $32.00 target price (up previously from $31.00) on shares of Hospitality Properties Trust in a report on Friday, June 16th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $32.33.

Shares of Hospitality Properties Trust (HPT) opened at 28.745 on Monday. Hospitality Properties Trust has a one year low of $26.06 and a one year high of $32.68. The company’s 50-day moving average price is $27.82 and its 200 day moving average price is $29.44. The company has a market cap of $4.72 billion, a PE ratio of 24.422 and a beta of 1.04.

Hospitality Properties Trust (NASDAQ:HPT) last released its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $1.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.09 by ($0.03). Hospitality Properties Trust had a net margin of 10.22% and a return on equity of 7.53%. The company had revenue of $570.60 million for the quarter, compared to the consensus estimate of $557.61 million. During the same period last year, the company earned $1.09 earnings per share. Hospitality Properties Trust’s revenue for the quarter was up 3.7% compared to the same quarter last year. Equities analysts forecast that Hospitality Properties Trust will post $1.07 EPS for the current fiscal year.

WARNING: This article was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/10/09/hospitality-properties-trust-hpt-stake-decreased-by-flinton-capital-management-llc.html.

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.

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

Receive News & Stock Ratings for Hospitality Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hospitality Properties Trust and related stocks with our FREE daily email newsletter.