Sicart Associates LLC Takes $315,000 Position in Hospitality Properties Trust (NASDAQ:SVC)

Sicart Associates LLC acquired a new stake in Hospitality Properties Trust (NASDAQ:SVC) during the third quarter, HoldingsChannel reports. The firm acquired 12,225 shares of the real estate investment trust’s stock, valued at approximately $315,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SVC. Clean Yield Group purchased a new position in Hospitality Properties Trust during the 2nd quarter worth approximately $25,000. AdvisorNet Financial Inc grew its stake in Hospitality Properties Trust by 50.8% during the 2nd quarter. AdvisorNet Financial Inc now owns 2,078 shares of the real estate investment trust’s stock worth $52,000 after buying an additional 700 shares during the last quarter. NEXT Financial Group Inc grew its stake in Hospitality Properties Trust by 239.0% during the 2nd quarter. NEXT Financial Group Inc now owns 2,173 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 1,532 shares during the last quarter. Signaturefd LLC purchased a new position in Hospitality Properties Trust during the 3rd quarter worth approximately $55,000. Finally, NumerixS Investment Technologies Inc purchased a new position in Hospitality Properties Trust during the 2nd quarter worth approximately $75,000. Institutional investors and hedge funds own 74.81% of the company’s stock.

Hospitality Properties Trust stock traded up $0.27 during mid-day trading on Monday, reaching $25.66. 9,695 shares of the company were exchanged, compared to its average volume of 869,771. Hospitality Properties Trust has a twelve month low of $22.47 and a twelve month high of $28.00. The firm’s 50-day simple moving average is $25.01 and its two-hundred day simple moving average is $25.18. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a market cap of $4.23 billion, a PE ratio of 6.96 and a beta of 0.96.

Hospitality Properties Trust (NASDAQ:SVC) last posted its quarterly earnings data on Friday, August 9th. The real estate investment trust reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.02. Hospitality Properties Trust had a negative return on equity of 7.74% and a negative net margin of 9.12%. The company had revenue of $610.60 million during the quarter, compared to analysts’ expectations of $606.51 million. During the same period last year, the firm earned $0.59 EPS. The firm’s revenue for the quarter was down .2% on a year-over-year basis. As a group, equities research analysts anticipate that Hospitality Properties Trust will post 3.7 EPS for the current year.

The business also recently disclosed a dividend, which will be paid on Thursday, November 14th. Shareholders of record on Monday, October 28th will be given a dividend of $0.54 per share. This is a boost from Hospitality Properties Trust’s previous dividend of $0.52. The ex-dividend date of this dividend is Friday, October 25th. Hospitality Properties Trust’s dividend payout ratio (DPR) is presently 58.54%.

SVC has been the topic of a number of research reports. ValuEngine upgraded Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, September 4th. BidaskClub upgraded Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, September 25th. Finally, Zacks Investment Research cut Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $28.33.

Hospitality Properties Trust Profile

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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Institutional Ownership by Quarter for Hospitality Properties Trust (NASDAQ:SVC)

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