Baugh & Associates LLC reduces its stake in Hospitality Properties Trust (HPT)

Baugh & Associates LLC reduced its stake in Hospitality Properties Trust (NASDAQ: HPT) shares by 10.9% in the second quarter, according to the company's 96,680 shares of the real estate investment trust, having sold 11,786 shares during the period, representing 2.4% of the investment portfolio of Baugh & Associates LLC. Baugh & Associates LLC held approximately 0.06% of Hospitality Properties Trust valued at $ 2,766,000 as of the date of its last filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors recently have Teachers Advisors LLC increased its position in Hospitality Properties Trust shares by 14.6% during the fourth quarter Teachers Advisors LLC now holds 239,923 shares of the real estate investment trust valued at $ 7,162,000 after acquiring an additional 30,510 shares during the last quarter. MetLife Investment Advisors LLC purchased a new equity interest in Hospitality Properties Trust during the fourth quarter of approximately $ 3,104,000. Koch Industries Inc. purchased a new equity interest in Hospitality Properties Trust during the first quarter, valued at approximately $ 426,000. Deutsche Bank AG increased its position in Hospitality Properties Trust shares by 87.1% in the fourth quarter. Deutsche Bank AG now holds 365,759 shares of the real estate investment trust valued at $ 10,915,000 after acquiring an additional 170,256 shares in the last quarter. Lastly, TIAA CREF Investment Management LLC increased its position in Hospitality Properties Trust shares by 1.2% in the fourth quarter. TIAA CREF Investment Management LLC now holds 259,770 shares of the real estate investment trust valued at $ 7,754,000 after acquiring 3,026 additional shares in the last quarter. Hedge funds and other institutional investors hold 73.64% of the company's shares.

HPT shares opened Friday at 27.74 dollars. The Hotel Trust has a minimum of $ 52.83 in 52 weeks and a high of $ 31.27 in 52 weeks. The company has a ratio of 0.44, a ratio of 0.44 and a debt ratio of 1.48. The stock has a market capitalization of 4.71 billion, a price / earnings ratio of 7.77, a PEG ratio of 1.47 and a beta of 0.97.

Hospitality Properties Trust (NASDAQ: HPT) last published its quarterly results on Wednesday, May 9th. The real estate investment trust reported earnings per share (EPS) of $ 0.94 for the quarter, reaching Zacks' consensus estimate of $ 0.94. Hospitality Properties Trust recorded a net margin of 11.67% and a return on equity of 6.85%. The company achieved a turnover of $ 528.60 million during the quarter, compared to the consensus estimate of $ 525.68 million. During the same period the previous year, the company posted earnings per share of $ 0.16. The quarterly business turnover of the company increased by 8.2% compared to the same quarter of last year. Equity analysts expect Hospitality Properties Trust to post earnings per share of 3.9 for the current year.

The company also recently unveiled a quarterly dividend to be paid on Thursday, August 16th. Shareholders of record on Monday, July 30 will receive a dividend of $ 0.53. This represents a dividend of $ 2.12 on an annualized basis and a return of 7.64%. The ex-dividend date of this dividend is Friday, July 27th. Hospitality Properties Trust's payout ratio is 59.38%.

Several equity research analysts recently commented on the stock. TheStreet has upgraded Hospitality Properties Trust shares from a "c +" rating to a "b-" rating in a research report on Friday, May 25th. On Wednesday, June 27, BidaskClub upgraded Hospitality Properties Trust shares from a "hold" rating to a "buy" rating in a research report. ValuEngine downgraded the shares of Hospitality Properties Trust from a "hold" rating to a "sell" rating in a search report on Saturday. Zacks Investment Research has upgraded the Hospitality Properties Trust shares from a "hold" rating to a "buy" rating and has set a target price of $ 29.00 for the company in a research report on Thursday, May 10. Finally, Stifel Nicolaus increased its target price on Hospitality Properties Trust shares from $ 29.00 to $ 30.00 and awarded a "purchase" rating to the title in a research report on Friday, June 29th. A stock research analyst rated the stock with a sales note, six attributed a blocking rating and three gave a purchase note to the company. The stock has a consensus rating of "Hold" and a consensus target price of $ 30.13

Hospitality Properties Trust Company Profile

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

Read more: Are the analysts' notes accurate?
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