Uniplan Investment Counsel Lowers stake in Hospitality Properties Trust (HPT)

Hospitality Properties Trust (HPT) : Uniplan Investment Counsel reduced its stake in Hospitality Properties Trust by 3.92% during the most recent quarter end. The investment management company now holds a total of 2,015,249 shares of Hospitality Properties Trust which is valued at $52.9 Million after selling 82,278 shares in Hospitality Properties Trust , the firm said in a disclosure report filed with the SEC on May 13, 2016.Hospitality Properties Trust makes up approximately 2.50% of Uniplan Investment Counsel’s portfolio.

Other Hedge Funds, Including , Dreman Value Management L L C boosted its stake in HPT in the latest quarter, The investment management firm added 2,376 additional shares and now holds a total of 181,447 shares of Hospitality Properties Trust which is valued at $4.8 Million. Hospitality Properties Trust makes up approx 0.54% of Dreman Value Management L L C’s portfolio.Massachusetts Financial Services Co boosted its stake in HPT in the latest quarter, The investment management firm added 10,042 additional shares and now holds a total of 410,700 shares of Hospitality Properties Trust which is valued at $10.8 Million. Hospitality Properties Trust makes up approx 0.01% of Massachusetts Financial Services Co’s portfolio.Numeric Investors boosted its stake in HPT in the latest quarter, The investment management firm added 91,500 additional shares and now holds a total of 135,900 shares of Hospitality Properties Trust which is valued at $3.6 Million. Hospitality Properties Trust makes up approx 0.04% of Numeric Investors’s portfolio. Checchi Capital Advisers added HPT to its portfolio by purchasing 6,712 company shares during the most recent quarter which is valued at $176,861. Hospitality Properties Trust makes up approx 0.05% of Checchi Capital Advisers’s portfolio.

Hospitality Properties Trust opened for trading at $25.24 and hit $25.58 on the upside on Wednesday, eventually ending the session at $25.5, with a gain of 1.55% or 0.39 points. The heightened volatility saw the trading volume jump to 8,19,816 shares. Company has a market cap of $3,864 M.

On the company’s financial health, Hospitality Properties Trust reported $0.93 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on May 10, 2016. Analyst had a consensus of $0.92. The company had revenue of $474.10 million for the quarter, compared to analysts expectations of $476.94 million. The company’s revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 EPS.

Many Wall Street Analysts have commented on Hospitality Properties Trust. Company shares were Reiterated by FBR Capital on May 11, 2016 to “Outperform”, Firm has raised the Price Target to $ 31 from a previous price target of $30 .Stifel Resumed Hospitality Properties Trust 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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