Hospitality Properties Trust (HPT) Stake Raised by Credit Suisse AG

Credit Suisse AG grew its position in Hospitality Properties Trust (NASDAQ:HPT) by 1.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 417,191 shares of the real estate investment trust’s stock after purchasing an additional 6,371 shares during the period. Credit Suisse AG owned about 0.25% of Hospitality Properties Trust worth $12,032,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. Canada Pension Plan Investment Board lifted its position in Hospitality Properties Trust by 705.0% during the 3rd quarter. Canada Pension Plan Investment Board now owns 97,400 shares of the real estate investment trust’s stock valued at $2,809,000 after purchasing an additional 85,300 shares during the period. Bank of Hawaii acquired a new position in Hospitality Properties Trust during the 3rd quarter valued at about $245,000. FMR LLC lifted its position in Hospitality Properties Trust by 827.9% during the 3rd quarter. FMR LLC now owns 531,660 shares of the real estate investment trust’s stock valued at $15,333,000 after purchasing an additional 474,360 shares during the period. American International Group Inc. lifted its position in Hospitality Properties Trust by 1.0% during the 3rd quarter. American International Group Inc. now owns 334,088 shares of the real estate investment trust’s stock valued at $9,635,000 after purchasing an additional 3,344 shares during the period. Finally, BlackRock Inc. lifted its position in Hospitality Properties Trust by 3.0% during the 3rd quarter. BlackRock Inc. now owns 19,610,773 shares of the real estate investment trust’s stock valued at $565,576,000 after purchasing an additional 562,797 shares during the period. Institutional investors own 74.32% of the company’s stock.

Shares of HPT stock opened at $26.18 on Friday. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.45 and a quick ratio of 0.45. The stock has a market capitalization of $4.29 billion, a PE ratio of 7.33, a P/E/G ratio of 1.30 and a beta of 0.97. Hospitality Properties Trust has a one year low of $23.83 and a one year high of $31.27.

Hospitality Properties Trust (NASDAQ:HPT) last announced its quarterly earnings results on Tuesday, November 6th. The real estate investment trust reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.02. The company had revenue of $603.20 million during the quarter, compared to analysts’ expectations of $601.94 million. Hospitality Properties Trust had a return on equity of 9.32% and a net margin of 14.31%. Hospitality Properties Trust’s revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.52 EPS. As a group, sell-side analysts expect that Hospitality Properties Trust will post 4 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 15th. Stockholders of record on Monday, October 29th were paid a $0.53 dividend. The ex-dividend date was Friday, October 26th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 8.10%. Hospitality Properties Trust’s dividend payout ratio (DPR) is presently 59.38%.

A number of research analysts have issued reports on HPT shares. Zacks Investment Research upgraded shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research report on Tuesday, November 13th. B. Riley upped their target price on shares of Hospitality Properties Trust from $32.00 to $33.00 and gave the company a “buy” rating in a research report on Monday, August 13th. ValuEngine upgraded shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, August 15th. Finally, BidaskClub upgraded shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 23rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. Hospitality Properties Trust currently has an average rating of “Hold” and an average target price of $30.00.

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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, 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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