State Board of Administration of Florida Retirement System Has $6.24 Million Position in Hospitality Properties Trust (HPT)

State Board of Administration of Florida Retirement System lessened its holdings in Hospitality Properties Trust (NASDAQ:HPT) by 0.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 237,139 shares of the real estate investment trust’s stock after selling 1,120 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Hospitality Properties Trust were worth $6,239,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Eukles Asset Management bought a new position in shares of Hospitality Properties Trust during the 4th quarter worth about $233,000. Bank of Montreal Can boosted its position in shares of Hospitality Properties Trust by 28.7% during the 4th quarter. Bank of Montreal Can now owns 18,033 shares of the real estate investment trust’s stock worth $430,000 after purchasing an additional 4,022 shares in the last quarter. Strs Ohio boosted its position in shares of Hospitality Properties Trust by 6.6% during the 4th quarter. Strs Ohio now owns 260,192 shares of the real estate investment trust’s stock worth $6,213,000 after purchasing an additional 16,092 shares in the last quarter. Duncker Streett & Co. Inc. boosted its position in shares of Hospitality Properties Trust by 4.2% during the 4th quarter. Duncker Streett & Co. Inc. now owns 19,863 shares of the real estate investment trust’s stock worth $474,000 after purchasing an additional 804 shares in the last quarter. Finally, We Are One Seven LLC bought a new position in shares of Hospitality Properties Trust during the 4th quarter worth about $42,000. Institutional investors own 73.49% of the company’s stock.

HPT opened at $26.02 on Thursday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 1.51. The stock has a market capitalization of $4.31 billion, a P/E ratio of 7.05, a price-to-earnings-growth ratio of 1.44 and a beta of 1.06. Hospitality Properties Trust has a fifty-two week low of $22.47 and a fifty-two week high of $29.43.



Hospitality Properties Trust (NASDAQ:HPT) last posted its quarterly earnings data on Friday, May 10th. The real estate investment trust reported $0.88 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.87 by $0.01. The firm had revenue of $524.90 million during the quarter, compared to analyst estimates of $529.66 million. Hospitality Properties Trust had a negative net margin of 5.25% and a negative return on equity of 4.42%. The company’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter last year, the business posted $0.94 EPS. Equities analysts forecast that Hospitality Properties Trust will post 3.64 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 16th. Shareholders of record on Monday, April 29th were paid a $0.54 dividend. This is a positive change from Hospitality Properties Trust’s previous quarterly dividend of $0.53. The ex-dividend date was Friday, April 26th. This represents a $2.16 annualized dividend and a yield of 8.30%. Hospitality Properties Trust’s dividend payout ratio (DPR) is 58.54%.

A number of equities research analysts recently weighed in on HPT shares. BidaskClub lowered shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Friday, March 1st. B. Riley set a $32.00 target price on shares of Hospitality Properties Trust and gave the stock a “buy” rating in a report on Thursday, February 28th. Finally, Zacks Investment Research lowered shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, May 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $30.33.

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Hospitality Properties Trust Company Profile

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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