Cornerstone Vealth Management LLC gained a new position in Hospitality Properties Trust (Nasdaq: HPT) during the third quarter, according to the latest filing with the Securities and Exchange Commission. The fund acquired 7,153 shares of investment property trust worth about 250,000 USD.
Several other hedge funds and other institutional investors have recently bought and sold the shares of the company. In the second quarter, Cube Research & Technologies Ltd acquired a new stake in the Hospitality Properties Trust worth $ 133,000. The first Hawaiian bank gained a new position in its $ 3,000 Property Assurance Trust in the third quarter. Hartford Investment Management Co. has gained a new position in the Trusting Properties Trust in the second quarter of $ 202,000. Sumitomo Mitsui Asset Management Compani LTD acquired a new position at the Hospitality Properties Trust in the second quarter of $ 214,000. Finally, Oakbrook Investments LLC acquired a new position at the Hospitality Properties Trust in the Q2 of $ 218,000. Hedge funds and other institutional investors own 74.04% of shares of the company.
HPT's shares opened on Thursday at $ 26.38. The action has a market cap of 4.34 billion dollars, a ratio of PE of 7.39, a ratio of P / E / G 1.32 and a beta of 0.92. The company has a debt ratio of 1.48, a current ratio of 0.45 and a quick ratio of 0.45. Trust Properti Properties has a 52-week low of $ 23.83 and a 52-week high of $ 31.27.
Trust Trust Properties (Nasdaq: HPT) announced its quarterly earnings results on Tuesday, November 6th. Investment trust for real estate posted $ 1.06 per share per share (EPS) for a quarter, based on a Thomson Reuters Consensus estimate of $ 1.04 for $ 0.02. The hotel management investment fund had a net margin of 14.31% and a return on equity of 9.32%. The company had revenues of $ 603.20 million during the quarter, compared with an estimated analyst at $ 601.94 million. During the same quarter of the previous year, the company posted earnings per share of $ 0.52. Quarterly revenue of the company increased by 4.4% compared to the same quarter last year. Shareholder analysts predict that Hospitality Properties Trust will become 3.98 EPS for the current year.
The company also recently announced the fourth dividend, which will be paid on Thursday, November 15th. On Monday, October 29, investors will receive $ 0.53 in dividends. This represents an annual dividend of $ 2.12 and a yield of 8.04%. The e-dividend date is Friday, October 26th. The payout coefficient of the dividend payment Trust (DPR) currently stands at 59.38%.
HPT is the subject of several research analytical reports. On Thursday, July 19th, ValuEngine raised the "Trust Hospitality Properties Trust" from the "sell" rating to the "hold" rating on Thursday, July 19th. B. Riley increased its target price for Hospitality Properties Trust from $ 32.00 to $ 33.00 and gave a "bui" rating in a research report on Monday, August 13th. On Wednesday, September 12, BidaskClub lowered Trust Trustti Properties Trust from rating "hold" to "sell". Finally, on Thursday, October 11, Zacks Investment Research reduced the Trust Properti Properties from the "hold" to "sale" rating in the research report. Two research analysts rated the sales rating, four rated maintenance, and two issued a rating for the purchase of the campaign. The action has an average rating of "hold" and a target price of $ 30.00.
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Profile of confidence in the properties of catering
Trust Properti Properties is an investment trust for real estate, or REIT, which has a diverse portfolio of hotels and tourist centers located in 45 countries, Puerto Rico and Canada. HPT properties are used under a long-term management or lease contract. HPT manages the RMR Group Inc. (Nasr: RMR), an alternative asset management company based at Nevton, Massachusetts.
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