Community Bank Of Raymore buys $32,776,281 stake in HOSPITALITY PROPERTIES TRUST COM (HPT)

HOSPITALITY PROPERTIES TRUST COM (HPT) : Community Bank Of Raymore scooped up 1,000 additional shares in HOSPITALITY PROPERTIES TRUST COM during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 1,266,961 shares of HOSPITALITY PROPERTIES TRUST COM which is valued at $32,776,281.HOSPITALITY PROPERTIES TRUST COM makes up approximately 16.29% of Community Bank Of Raymore’s portfolio.

HOSPITALITY PROPERTIES TRUST COM closed down -0.07 points or -0.27% at $26.34 with 4,91,845 shares getting traded on Wednesday. Post opening the session at $26.41, the shares hit an intraday low of $26.075 and an intraday high of $26.54 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Strs Ohio sold out all of its stake in HPT during the most recent quarter. The investment firm sold 239,005 shares of HPT which is valued $6,183,059. Donald L. Hagan added HPT to its portfolio by purchasing 350 company shares during the most recent quarter which is valued at $9,604. HOSPITALITY PROPERTIES TRUST COM makes up approx 0.01% of Donald L. Hagan’s portfolio.Independent Portfolio Consultants boosted its stake in HPT in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 5,225 shares of HOSPITALITY PROPERTIES TRUST COM which is valued at $143,374. HOSPITALITY PROPERTIES TRUST COM makes up approx 0.04% of Independent Portfolio Consultants’s portfolio.Creative Planning reduced its stake in HPT by selling 5,559 shares or 49.37% in the most recent quarter. The Hedge Fund company now holds 5,700 shares of HPT which is valued at $150,366.

On the company’s financial health, HOSPITALITY PROPERTIES TRUST COM reported $0.54 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Feb 24, 2016. Analyst had a consensus of $0.55. The company had revenue of $467.44 million for the quarter, compared to analysts expectations of $471.76 million. The company’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS.

Many Wall Street Analysts have commented on HOSPITALITY PROPERTIES TRUST COM. Stifel Resumed HOSPITALITY PROPERTIES TRUST COM on Mar 29, 2016 to “Buy”, Price Target of the shares are set at $29.

Hospitality Properties Trust (HPT) is a real estate investment trust (REIT). The Company operates in two segments: hotel real estate investments and travel center real estate investments. The Company owns approximately 291 hotels with 44107 rooms or suites and 184 travel centers. The Company does not operate its properties. Instead its properties are operated by other companies under long term management or lease agreements. The Company leased approximately 288 of its hotels are leased to its taxable REIT subsidiaries (TRSs) and managed by independent hotel operating companies and three hotels are leased to third parties. The Company also owns 184 travel centers all of which it leases to TravelCenters of America LLC or its subsidiaries pursuant to long term leases. The Company’s properties are located in 44 states in the United States Canada and Puerto Rico.

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