Hospitality Properties Trust (NASDAQ:HPT) Shares Bought by Nordea Investment Management AB

Nordea Investment Management AB boosted its holdings in Hospitality Properties Trust (NASDAQ:HPT) by 0.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 100,700 shares of the real estate investment trust’s stock after purchasing an additional 800 shares during the period. Nordea Investment Management AB owned about 0.06% of Hospitality Properties Trust worth $2,404,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. BlackRock Inc. boosted its holdings in Hospitality Properties Trust by 2.4% in the fourth quarter. BlackRock Inc. now owns 20,085,751 shares of the real estate investment trust’s stock valued at $479,648,000 after purchasing an additional 474,978 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Hospitality Properties Trust by 0.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,617,866 shares of the real estate investment trust’s stock worth $62,515,000 after buying an additional 18,719 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Hospitality Properties Trust by 7.9% during the 4th quarter. Geode Capital Management LLC now owns 2,429,333 shares of the real estate investment trust’s stock worth $58,012,000 after buying an additional 178,754 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in Hospitality Properties Trust by 2,288.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,555,209 shares of the real estate investment trust’s stock worth $65,000 after buying an additional 1,490,083 shares during the last quarter. Finally, Community Bank of Raymore lifted its holdings in Hospitality Properties Trust by 5.9% during the 4th quarter. Community Bank of Raymore now owns 1,407,063 shares of the real estate investment trust’s stock worth $33,601,000 after buying an additional 77,860 shares during the last quarter. 75.62% of the stock is owned by hedge funds and other institutional investors.

NASDAQ HPT traded down $0.06 during trading on Wednesday, hitting $26.36. 53,306 shares of the company traded hands, compared to its average volume of 683,275. Hospitality Properties Trust has a 12 month low of $22.47 and a 12 month high of $29.43. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.36 and a quick ratio of 0.36. The firm has a market cap of $4.36 billion, a P/E ratio of 7.14, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08.

Hospitality Properties Trust (NASDAQ:HPT) last posted its earnings results on Wednesday, February 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.01. Hospitality Properties Trust had a return on equity of 5.90% and a net margin of 8.09%. The company had revenue of $550.80 million for the quarter, compared to analyst estimates of $538.02 million. During the same period last year, the company earned $0.54 earnings per share. The business’s revenue was up 2.9% compared to the same quarter last year. On average, equities analysts expect that Hospitality Properties Trust will post 3.67 EPS for the current year.

HPT has been the subject of several research reports. Zacks Investment Research lowered Hospitality Properties Trust from a “buy” rating to a “hold” rating in a research note on Friday, January 4th. B. Riley reissued a “buy” rating on shares of Hospitality Properties Trust in a research note on Friday, January 18th. ValuEngine raised Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, January 16th. Finally, BidaskClub raised Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, January 30th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. Hospitality Properties Trust currently has an average rating of “Hold” and an average target price of $30.33.

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About Hospitality Properties Trust

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, the District of Columbia, 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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