American Century Companies Inc. decreased its position in Hospitality Properties Trust (NASDAQ:HPT) by 63.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 118,000 shares of the real estate investment trust’s stock after selling 208,362 shares during the quarter. American Century Companies Inc. owned 0.07% of Hospitality Properties Trust worth $2,818,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. M&T Bank Corp increased its position in shares of Hospitality Properties Trust by 2.4% during the fourth quarter. M&T Bank Corp now owns 19,061 shares of the real estate investment trust’s stock worth $454,000 after acquiring an additional 438 shares during the period. Navellier & Associates Inc increased its position in shares of Hospitality Properties Trust by 2.9% during the fourth quarter. Navellier & Associates Inc now owns 16,771 shares of the real estate investment trust’s stock worth $400,000 after acquiring an additional 474 shares during the period. Community Bank & Trust Waco Texas increased its position in shares of Hospitality Properties Trust by 4.1% during the fourth quarter. Community Bank & Trust Waco Texas now owns 12,839 shares of the real estate investment trust’s stock worth $207,000 after acquiring an additional 500 shares during the period. First Hawaiian Bank increased its position in shares of Hospitality Properties Trust by 10.9% during the fourth quarter. First Hawaiian Bank now owns 5,271 shares of the real estate investment trust’s stock worth $126,000 after acquiring an additional 520 shares during the period. Finally, Retirement Systems of Alabama increased its position in shares of Hospitality Properties Trust by 0.4% during the fourth quarter. Retirement Systems of Alabama now owns 213,208 shares of the real estate investment trust’s stock worth $5,091,000 after acquiring an additional 799 shares during the period. 75.62% of the stock is currently owned by institutional investors.

Shares of HPT stock opened at $26.52 on Tuesday. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.36 and a quick ratio of 0.36. The firm has a market cap of $4.35 billion, a P/E ratio of 7.19, a PEG ratio of 1.45 and a beta of 1.08. Hospitality Properties Trust has a 12 month low of $22.47 and a 12 month high of $29.43.

Hospitality Properties Trust (NASDAQ:HPT) last issued its earnings results on Wednesday, February 27th. The real estate investment trust reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.01. The firm had revenue of $550.80 million during the quarter, compared to the consensus estimate of $538.02 million. Hospitality Properties Trust had a net margin of 8.09% and a return on equity of 5.90%. The company’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.54 earnings per share. On average, sell-side analysts anticipate that Hospitality Properties Trust will post 3.67 earnings per share for the current year.

A number of research firms have recently weighed in on HPT. BidaskClub raised Hospitality Properties Trust from a “strong sell” rating to a “sell” rating in a research report on Friday, March 29th. Zacks Investment Research raised Hospitality Properties Trust from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a research report on Monday, December 24th. ValuEngine lowered Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd. Finally, B. Riley reaffirmed a “buy” rating on shares of Hospitality Properties Trust in a research report on Friday, January 18th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Hospitality Properties Trust presently has an average rating of “Hold” and an average price target of $30.33.

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About Hospitality Properties Trust

Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, the District of Columbia, Puerto Rico and Canada. HPT's properties are operated under long term management or lease agreements. HPT is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.

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

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