Bridgecreek Investment Management Has Lifted Hospitality Properties Trust (HPT) Position; Sterling Capital Management Has Lowered Highwoods Properties (HIW) Holding By $351,900

July 17, 2017 - By Maria Brooks

Sterling Capital Management Llc decreased Highwoods Properties Inc (HIW) stake by 1.43% reported in 2016Q4 SEC filing. Sterling Capital Management Llc sold 6,900 shares as Highwoods Properties Inc (HIW)’s stock declined 1.10%. The Sterling Capital Management Llc holds 474,564 shares with $24.21 million value, down from 481,464 last quarter. Highwoods Properties Inc now has $5.17 billion valuation. The stock increased 0.90% or $0.45 on July 14, reaching $50.2. About shares traded. Highwoods Properties Inc (NYSE:HIW) has risen 13.20% since July 17, 2016 and is uptrending. It has underperformed by 3.50% the S&P500.

Bridgecreek Investment Management Llc increased Hospitality Properties Trust (HPT) stake by 695.08% reported in 2016Q4 SEC filing. Bridgecreek Investment Management Llc acquired 53,000 shares as Hospitality Properties Trust (HPT)’s stock declined 9.53%. The Bridgecreek Investment Management Llc holds 60,625 shares with $1.92M value, up from 7,625 last quarter. Hospitality Properties Trust now has $4.86B valuation. The stock increased 0.62% or $0.18 on July 14, reaching $29.42. About shares traded. Hospitality Properties Trust (NYSE:HPT) has risen 14.95% since July 17, 2016 and is uptrending. It has underperformed by 1.75% the S&P500.

Investors sentiment decreased to 1.24 in Q4 2016. Its down 0.70, from 1.94 in 2016Q3. It dropped, as 30 investors sold HPT shares while 104 reduced holdings. 49 funds opened positions while 117 raised stakes. 123.00 million shares or 0.76% less from 123.94 million shares in 2016Q3 were reported. Vanguard Grp stated it has 0.05% in Hospitality Properties Trust (NASDAQ:HPT). Winfield Assoc Inc reported 90 shares. Moreover, Miller Howard Invs Inc Ny has 0.7% invested in Hospitality Properties Trust (NASDAQ:HPT). Royal Comml Bank Of Canada has 336,765 shares for 0.01% of their portfolio. Natl Bank Of Montreal Can holds 0% or 6,625 shares. Weaver C Barksdale And reported 0.02% in Hospitality Properties Trust (NASDAQ:HPT). Glenmede Tru Na owns 34,628 shares. Kanaly Tru holds 990 shares. Barclays Public Limited Liability Corporation holds 0% of its portfolio in Hospitality Properties Trust (NASDAQ:HPT) for 20,446 shares. Panagora Asset Mgmt accumulated 227,376 shares. The Colorado-based Janus Cap Mngmt Ltd Liability has invested 0% in Hospitality Properties Trust (NASDAQ:HPT). Rhumbline Advisers owns 304,594 shares for 0.02% of their portfolio. Aviva Public Limited Company holds 0.02% or 107,437 shares. Caprock reported 0.2% stake. Moreover, Numeric Invsts Lc has 0.01% invested in Hospitality Properties Trust (NASDAQ:HPT) for 17,800 shares.

Bridgecreek Investment Management Llc decreased West Pharmaceutical Svsc Inc (NYSE:WST) stake by 4,600 shares to 3,000 valued at $254,000 in 2016Q4. It also reduced Altria Group Inc (NYSE:MO) stake by 5,525 shares and now owns 102,261 shares. Magellan Midstream Partners Lp (NYSE:MMP) was reduced too.

Among 7 analysts covering Hospitality Properties Trust (NYSE:HPT), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. Hospitality Properties Trust had 15 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Hospitality Properties Trust (NASDAQ:HPT) has “Outperform” rating given on Friday, November 20 by FBR Capital. As per Tuesday, March 29, the company rating was reinitiated by Stifel Nicolaus. The stock of Hospitality Properties Trust (NASDAQ:HPT) earned “Market Perform” rating by JMP Securities on Friday, April 7. The rating was maintained by FBR Capital with “Outperform” on Tuesday, January 19. As per Wednesday, May 11, the company rating was maintained by FBR Capital. Canaccord Genuity maintained the shares of HPT in report on Tuesday, August 11 with “Hold” rating. FBR Capital upgraded the stock to “Outperform” rating in Friday, November 11 report. The firm has “Underperform” rating given on Monday, January 11 by RBC Capital Markets. The firm has “Underperform” rating by RBC Capital Markets given on Tuesday, December 22.

Analysts await Highwoods Properties Inc (NYSE:HIW) to report earnings on July, 25 after the close. They expect $0.85 EPS, up 3.66% or $0.03 from last year’s $0.82 per share. HIW’s profit will be $87.54 million for 14.76 P/E if the $0.85 EPS becomes a reality. After $0.80 actual EPS reported by Highwoods Properties Inc for the previous quarter, Wall Street now forecasts 6.25% EPS growth.

Sterling Capital Management Llc increased Class A stake by 40,739 shares to 60,421 valued at $1.46M in 2016Q4. It also upped Ishares Tr Russell Mcp Vl (IWS) stake by 14,305 shares and now owns 150,581 shares. First Amern Finl Corp Com (NYSE:FAF) was raised too.

Since March 1, 2017, it had 0 insider buys, and 4 sales for $2.93 million activity. $94,104 worth of Highwoods Properties Inc (NYSE:HIW) was sold by Klinck Theodore J on Wednesday, March 1. On Wednesday, March 1 the insider Miller Jeffrey Douglas sold $962,004. 25,822 shares were sold by Mulhern Mark F, worth $1.35M.

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