Ffcm LLC Purchases 2,640 Shares of Hospitality Properties Trust (NASDAQ:HPT)

Ffcm LLC raised its position in Hospitality Properties Trust (NASDAQ:HPT) by 221.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,834 shares of the real estate investment trust’s stock after buying an additional 2,640 shares during the period. Ffcm LLC’s holdings in Hospitality Properties Trust were worth $114,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in HPT. OLD Mutual Customised Solutions Proprietary Ltd. lifted its position 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 worth $158,000 after purchasing an additional 2,700 shares in the last quarter. Quantbot Technologies LP acquired a new position in Hospitality Properties Trust in the first quarter valued at approximately $198,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Hospitality Properties Trust by 3,130.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 6,460 shares of the real estate investment trust’s stock valued at $204,000 after buying an additional 6,260 shares during the period. Jane Street Group LLC acquired a new position in Hospitality Properties Trust in the first quarter valued at approximately $209,000. Finally, BlueCrest Capital Management Ltd acquired a new position in Hospitality Properties Trust in the first quarter valued at approximately $214,000. Hedge funds and other institutional investors own 76.26% of the company’s stock.

Shares of Hospitality Properties Trust (NASDAQ:HPT) opened at 28.05 on Friday. The stock’s 50 day moving average is $27.68 and its 200 day moving average is $29.63. The company has a market cap of $4.61 billion, a P/E ratio of 23.83 and a beta of 1.02. Hospitality Properties Trust has a 12 month low of $26.06 and a 12 month high of $32.68.

Hospitality Properties Trust (NASDAQ:HPT) last announced its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $1.06 EPS for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.03). Hospitality Properties Trust had a return on equity of 7.53% and a net margin of 10.22%. The business had revenue of $570.60 million during the quarter, compared to analysts’ expectations of $557.61 million. During the same period in the previous year, the business earned $1.09 EPS. The business’s revenue was up 3.7% compared to the same quarter last year. On average, analysts anticipate that Hospitality Properties Trust will post $1.07 EPS for the current fiscal year.

Several brokerages recently weighed in on HPT. Canaccord Genuity restated a “hold” rating and issued a $30.00 price objective (down from $32.00) on shares of Hospitality Properties Trust in a report on Friday, August 11th. Stifel Nicolaus restated a “buy” rating and issued a $33.00 price objective (down from $33.50) on shares of Hospitality Properties Trust in a report on Friday, August 11th. FBR & Co restated a “buy” rating and issued a $33.00 price objective (down from $35.00) on shares of Hospitality Properties Trust in a report on Thursday, August 10th. BidaskClub raised shares of Hospitality Properties Trust from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd. Finally, Zacks Investment Research downgraded shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. Hospitality Properties Trust currently has an average rating of “Hold” and a consensus price target of $32.86.

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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)

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