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Hersha Hospitality Trust (HT) to Buyback $100.00 million in Stock

January 29, 2018 07:08·
Hospitality Properties Trust 200 Day Moving Average Chart

Hospitality Properties Trust 200 Day Moving Average Chart

Community Bank of Raymore lifted its holdings in shares of Hospitality Properties Trust (NASDAQ:HPT) by 0.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The stock of Hersha Hospitality Trust (NYSE:HT) has "Underperform" rating given on Friday, March 3 by Bank of America. Robert W. Baird has "Hold" rating and $30.0 target. (NYSE:AHT) earned "Buy" rating by Cantor Fitzgerald on Sunday, August 9.

The business also recently declared a dividend, which will be paid on Monday, February 26th. Finally, Ameritas Investment Partners Inc. lifted its holdings in Hospitality Properties Trust by 1.1% during the 2nd quarter. (NYSE:AHT) to report earnings on February, 22. The stock of Westmoreland Coal Company (NASDAQ:WLB) has "Outperform" rating given on Wednesday, November 23 by FBR Capital. The rating was downgraded by Robert W. Baird to "Neutral" on Wednesday, January 11. As per Tuesday, January 19, the company rating was maintained by FBR Capital. BMO Capital Markets initiated it with "Outperform" rating and $20 target in Tuesday, September 1 report. The stock was sold at an average price of $17.48, for a total transaction of $253,460.00. Comparatively, Hersha Hospitality Trust's competitors have a beta of 1.01, indicating that their average stock price is 1% more volatile than the S&P 500.

Analysts expect Anthem, Inc. AHT's profit will be $24.93 million for 7.96 P/E if the $0.21 EPS becomes a reality. The business had revenue of $129.59 million during the quarter, compared to analyst estimates of $131.98 million. analysts forecast that Hersha Hospitality Trust will post 1.94 EPS for the current year. The stock increased 0.81% or $0.64 during the last trading session, reaching $80.08. About 1.21 million shares traded. Hersha Hospitality Trust (NYSE:HT) has risen 8.90% since January 29, 2017 and is uptrending. It has outperformed by 18.90% the S&P500.

Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale hotels in urban gateway markets and coastal destinations. The company has market cap of $21.93 million. This repurchase authorization permits the real estate investment trust to reacquire shares of its stock through open market purchases. It now has negative earnings. Quantbot Technologies LP now owns 6,827 shares of the real estate investment trust's stock valued at $199,000 after buying an additional 527 shares in the last quarter.

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Investors sentiment increased to 0.95 in Q3 2017. Its down 0.35, from 0.96 in 2017Q2. It is negative, as 30 investors sold HPT shares while 97 reduced holdings. 18 funds opened positions while 40 raised stakes. Kemper Corp Master Retirement Trust lifted its stake in Hospitality Properties Trust by 0.5% during the second quarter. Following the transaction, the insider now directly owns 316,352 shares of the company's stock, valued at approximately $5,548,814.08. The Connecticut-based Cubist Systematic Strategies Ltd Liability Corp has invested 0% in Ashford Hospitality Trust, Inc. WLB's SI was 1.38M shares in January as released by FINRA. State Board Of Administration Of Florida Retirement Systems reported 67,169 shares. Bankshares Of America De, North Carolina-based fund reported 1,297 shares. Arete Wealth Advsr Ltd Liability Com holds 0.11% of its portfolio in Ashford Hospitality Trust, Inc. (NYSE:AHT) for 758,910 shares. Geode Cap Mgmt Ltd Liability Corp holds 151,632 shares. Panagora Asset holds 8,440 shares or 0% of its portfolio. (NYSE:C). Lmr Ptnrs Llp reported 5,500 shares or 0.04% of all its holdings. Pura Vida Investments Limited Company holds 525,800 shares. Hsbc Public Ltd owns 12,617 shares. Signet Financial Management LLC now owns 41,897 shares of the real estate investment trust's stock worth $1,222,000 after purchasing an additional 702 shares during the last quarter. (NASDAQ:AVEO). Raymond James Fincl Serv owns 10,250 shares or 0% of their United States portfolio. Grimes And reported 0.01% of its portfolio in AVEO Pharmaceuticals, Inc.

Shares of Hospitality Properties Trust (NASDAQ HPT) traded down $0.63 on Friday, hitting $28.96. (NYSE:AHT) has risen 27.82% since January 27, 2017 and is uptrending. FBR Capital upgraded the shares of HPT in report on Friday, November 11 to "Outperform" rating. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company.

HPT has been the topic of a number of recent analyst reports. FBR Capital maintained Anthem, Inc. The stock of Anthem, Inc. Investors of record on Friday, January 5th were given a dividend of $0.28 per share. The rating was maintained by Stifel Nicolaus with "Buy" on Thursday, August 10. The stock now has a consensus rating of "Hold" and a consensus target price of $31.75. The Deutsche Bank Ag holds 195,503 shares with $5.57 million value, down from 254,995 last quarter. The firm has "Buy" rating given on Wednesday, October 25 by Cantor Fitzgerald.

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