Apg Asset Management Us Inc decreased its stake in Hospitality Pptys Tr (NYSE:HPT) by 62.93% based on its latest Q3 2015 regulatory filing with the SEC. Apg Asset Management Us Inc sold 786,738 shares as the company’s stock declined 11.88% with the market. The institutional investor held 463,343 shares of the real estate investment trusts company at the end of Q3, valued at $11.85 million, down from 1.25 million at the end of the previous reported quarter. Apg Asset Management Us Inc who had been investing in Hospitality Pptys Tr since many months, could be less bullish the $3.98B market cap company. The stock increased 1.00% or $0.26 on December 11, hitting $26.23. About 1.01 million shares traded hands or 19.68% up from the average. Hospitality Properties Trust (NYSE:HPT) has declined 12.22% since May 11, 2015 and is downtrending. It has underperformed by 7.80% the S&P500.
Apg Asset Management Us Inc, which manages about $71.11 billion and $11.28B US Long portfolio, upped its stake in Weingarten Rlty Invs (NYSE:WRI) by 468,050 shares to 621,250 shares, valued at $20.57 million in Q3, according to the filing. It also increased its holding in General Growth Pptys Inc New (NYSE:GGP) by 637,500 shares in the quarter, for total 5.10 million shares, and risen its stake in Udr Inc (NYSE:UDR).
Apg Asset Management Us Inc is a New York-based institutional investor with more than $71.11 billion AUM in November, 2014. This fund invests only a small percentage of its assets in equities and options. Apg Asset Management Us Inc is the 75th largest institutional investor in our database. Taken from Apg Asset Management Us latest Adv, the fund reported to have 119 full and part-time employees. Among which 49 performing investment advisory and research functions. The institutional investor had between 1-10 clients.
The institutional sentiment increased to 1.14 in 2015 Q3. Its up 0.09, from 1.05 in 2015Q2. The ratio increased, as 37 funds sold all HPT shares owned while 103 reduced positions. 33 funds bought stakes while 126 increased positions. They now own 127.20 million shares or 10.92% more from 114.67 million shares in 2015Q2.
Creegan & Nassoura Financial Group Llc holds 2.22% of its portfolio in HPT for 76,100 shares. Hourglass Capital Llc owns 334,135 shares or 1.87% of their US portfolio. Moreover, Garland Capital Management Inc has 1.73% invested in the company for 86,850 shares. The California-based Valentine Capital Asset Management Inc. has invested 1.68% in the stock. Advisors Capital Management Llc, a New Jersey-based fund reported 592,345 shares.
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Out of 5 analysts covering Hospitality Properties Trust (NYSE:HPT), 1 rate it “Buy”, 1 “Sell”, while 4 “Hold”. This means 17% are positive. Hospitality Properties Trust was the topic in 4 analyst reports since August 11, 2015 according to StockzIntelligence Inc.
More notable recent Hospitality Properties Trust (NYSE:HPT) news were published by: Businesswire.com which released: “Hospitality Properties Trust Increases Commitments Under Revolving Credit …” on December 09, 2015, also Seekingalpha.com with their article: “Hotels Finishing Year Strong, So Why Not Buy Hospitality Properties Trust?” published on December 01, 2015, Zacks.com published: “Do Investors Think Hospitality Properties Trust (HPT) Stock is a Buy?” on December 01, 2015. More interesting news about Hospitality Properties Trust (NYSE:HPT) were released by: Businesswire.com and their article: “Hospitality Properties Trust Third Quarter Conference Call Scheduled for …” published on October 26, 2015 as well as Seekingalpha.com‘s news article titled: “Could Hospitality Properties Trust Become Another Sucker Yield REIT? (HPT)” with publication date: June 03, 2015.
Hospitality Properties Trust is a real estate investment trust (REIT). The company has a market cap of $3.98 billion. The Firm operates in two divisions: hotel real estate investments and travel center real estate investments. It has 17.8 P/E ratio. The Firm owns approximately 291 hotels with 44,107 rooms or suites, and 184 travel centers.
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