Arrow Investment Advisors LLC Lowers Stake in Hospitality Properties Trust (NASDAQ:SVC)

Arrow Investment Advisors LLC reduced its stake in shares of Hospitality Properties Trust (NASDAQ:SVC) by 5.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,575 shares of the real estate investment trust’s stock after selling 916 shares during the quarter. Arrow Investment Advisors LLC’s holdings in Hospitality Properties Trust were worth $355,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Creative Planning raised its holdings in shares of Hospitality Properties Trust by 2.4% in the fourth quarter. Creative Planning now owns 19,801 shares of the real estate investment trust’s stock valued at $482,000 after acquiring an additional 459 shares in the last quarter. Texas Permanent School Fund raised its holdings in shares of Hospitality Properties Trust by 0.6% in the fourth quarter. Texas Permanent School Fund now owns 112,564 shares of the real estate investment trust’s stock valued at $2,739,000 after acquiring an additional 634 shares in the last quarter. State of Michigan Retirement System raised its holdings in shares of Hospitality Properties Trust by 1.5% in the fourth quarter. State of Michigan Retirement System now owns 48,400 shares of the real estate investment trust’s stock valued at $1,178,000 after acquiring an additional 700 shares in the last quarter. Benjamin F. Edwards & Company Inc. bought a new stake in shares of Hospitality Properties Trust in the third quarter valued at about $30,000. Finally, Huntington National Bank bought a new stake in shares of Hospitality Properties Trust in the third quarter valued at about $33,000. 73.25% of the stock is owned by hedge funds and other institutional investors.

SVC has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 11th. ValuEngine upgraded shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Wednesday, January 8th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $28.33.

Shares of Hospitality Properties Trust stock opened at $22.59 on Friday. The company has a market capitalization of $3.72 billion, a PE ratio of -12.98 and a beta of 0.98. The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.23 and a current ratio of 0.23. The company has a 50-day simple moving average of $23.19 and a two-hundred day simple moving average of $24.13. Hospitality Properties Trust has a one year low of $21.50 and a one year high of $28.00.

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, January 27th will be issued a $0.54 dividend. The ex-dividend date is Friday, January 24th. This represents a $2.16 dividend on an annualized basis and a yield of 9.56%. Hospitality Properties Trust’s dividend payout ratio is presently 58.54%.

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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