Hospitality Properties Trust (HPT) Earns News Impact Score of 0.28

Paterniano Del Favero
Agosto 13, 2017

Creative Planning raised its stake in shares of Ryman Hospitality Properties by 74.6% in the first quarter. Accern also assigned headlines about the real estate investment trust an impact score of 46.2197220701073 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future. Hospitality Properties Trust (NYSE:HPT) has risen 14.95% since August 11, 2016 and is uptrending.

Several institutional investors have recently added to or reduced their stakes in HPT. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,610 shares of the real estate investment trust's stock valued at $223,000 after buying an additional 1,079 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of Hospitality Properties Trust by 215.1% in the first quarter. During the same quarter a year ago, the firm earned $0.89 earnings per share. GSA Capital Partners LLP acquired a new stake in shares of Hospitality Properties Trust during the fourth quarter worth $216,000. Kempner Capital Management Inc. boosted its position in shares of Hospitality Properties Trust by 14.4% in the first quarter. Pinebridge Investments L.P. now owns 5,503 shares of the real estate investment trust's stock valued at $101,000 after buying an additional 54 shares in the last quarter. Capstone Asset Management Co. raised its position in Hospitality Properties Trust by 2.2% in the first quarter. Capstone Asset Management Co. now owns 12,805 shares of the real estate investment trust's stock valued at $373,000 after buying an additional 240 shares during the period.

Shares of Hospitality Properties Trust (NASDAQ:HPT) traded down 0.04% during trading on Friday, hitting $27.32. 12,163 shares of the stock were exchanged. The company's 50-day moving average price is $64.06 and its 200 day moving average price is $63.35. Hospitality Properties Trust has a one year low of $26.06 and a one year high of $32.68. The stock has a market capitalization of $4.49 billion, a P/E ratio of 23.21 and a beta of 1.01.

Ryman Hospitality Properties (NYSE:RHP) last posted its quarterly earnings results on Tuesday, August 8th. The real estate investment trust reported $1.06 EPS for the quarter, missing analysts' consensus estimates of $1.09 by $0.03. The company had revenue of $570.60 million for the quarter, compared to analyst estimates of $557.61 million. Ryman Hospitality Properties had a return on equity of 46.19% and a net margin of 13.86%. During the same quarter in the previous year, the firm posted $1.09 EPS.

The company also recently announced a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Monday, July 24th will be issued a $0.52 dividend. The ex-dividend date was set for Thursday the 15th of June 2017. This represents a $2.08 annualized dividend and a yield of 7.61%. Hersha Hospitality Trust's dividend payout ratio is 48.70%. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & worldwide copyright & trademark laws.

Several research firms have issued reports on HPT. Finally, JMP Securities cut shares of Hersha Hospitality Trust from an outperform rating to a market perform rating and set a $23.00 price objective on the stock.in a research report on Monday, May 1st. They noted that the move was a valuation call. Finally, Stifel Nicolaus restated a "hold" rating and set a $20.00 price target on shares of Hersha Hospitality Trust in a research note on Wednesday, July 19th. Zacks Investment Research lowered shares of Hospitality Properties Trust from a hold rating to a sell rating in a research report on Tuesday, May 9th. In the last three months, insiders sold 63,644 shares of company stock valued at $4,085,008. Hospitality Properties Trust has an average rating of "Hold" and an average target price of $32.86.

In related news, EVP Bennett D. Westbrook sold 10,000 shares of the business's stock in a transaction on Tuesday, June 20th. The total value of its holdings increased 8.1%. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Following the completion of the sale, the senior vice president now directly owns 8,845 shares of the company's stock, valued at approximately $588,634.75.

Raymond James Financial, Inc. reissued their market perform rating on shares of Ryman Hospitality Properties, Inc. The Company invests primarily in institutional grade hotels in urban gateway markets, including New York, Washington, District of Columbia, Boston, Philadelphia, South Florida and select markets on the West Coast. As of July 20, 2017, the Company's hotels included 51 hotels totaling 7,804 rooms located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast.

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