Sterneck Capital Management Has Trimmed City Office Reit (CIO) Holding; Kames Capital Plc Raised Its Hospitality Properties Trust (HPT) Position

October 12, 2017 - By Linda Rogers

Sterneck Capital Management Llc decreased City Office Reit Inc (CIO) stake by 69.4% reported in 2017Q2 SEC filing. Sterneck Capital Management Llc sold 36,437 shares as City Office Reit Inc (CIO)’s stock declined 6.92%. The Sterneck Capital Management Llc holds 16,063 shares with $204,000 value, down from 52,500 last quarter. City Office Reit Inc now has $399.96 million valuation. The stock rose 0.22% or $0.03 reaching $13.37. About 139,773 shares traded. City Office REIT Inc (NYSE:CIO) has risen 7.65% since October 12, 2016 and is uptrending. It has underperformed by 9.05% the S&P500.

Kames Capital Plc increased Hospitality Properties Trust (HPT) stake by 1.03% reported in 2017Q2 SEC filing. Kames Capital Plc acquired 1,028 shares as Hospitality Properties Trust (HPT)’s stock declined 9.53%. The Kames Capital Plc holds 101,319 shares with $2.95 billion value, up from 100,291 last quarter. Hospitality Properties Trust now has $4.83B valuation. The stock rose 1.14% or $0.33 reaching $29.4 per share. About 323,656 shares traded. Hospitality Properties Trust (NYSE:HPT) has risen 14.95% since October 12, 2016 and is uptrending. It has underperformed by 1.75% the S&P500.




Sterneck Capital Management Llc increased Viacom Inc New (NASDAQ:VIAB) stake by 21,181 shares to 103,614 valued at $3.48M in 2017Q2. It also upped International Business Machs (NYSE:IBM) stake by 10,159 shares and now owns 21,281 shares. Travelcenters Amer Llc (NYSE:TA) was raised too.

Among 6 analysts covering City Office REIT (NYSE:CIO), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. City Office REIT had 10 analyst reports since August 19, 2015 according to SRatingsIntel. The company was initiated on Tuesday, May 31 by Deutsche Bank. Deutsche Bank maintained the stock with “Buy” rating in Monday, July 18 report. The stock of City Office REIT Inc (NYSE:CIO) has “Outperform” rating given on Wednesday, August 19 by Oppenheimer. Compass Point maintained City Office REIT Inc (NYSE:CIO) on Thursday, May 12 with “Buy” rating. The company was maintained on Friday, August 5 by Compass Point. The stock of City Office REIT Inc (NYSE:CIO) has “Buy” rating given on Friday, August 5 by Wunderlich. Zacks upgraded City Office REIT Inc (NYSE:CIO) on Monday, August 24 to “Sell” rating.

Analysts await City Office REIT Inc (NYSE:CIO) to report earnings on November, 6. They expect $0.21 EPS, down 22.22% or $0.06 from last year’s $0.27 per share. CIO’s profit will be $6.28M for 15.92 P/E if the $0.21 EPS becomes a reality. After $0.21 actual EPS reported by City Office REIT Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 1.47 in 2017 Q2. Its down 4.17, from 5.64 in 2017Q1. It fall, as 10 investors sold CIO shares while 24 reduced holdings. 13 funds opened positions while 37 raised stakes. 15.70 million shares or 48.44% less from 30.44 million shares in 2017Q1 were reported. 41,300 are owned by Macquarie Group. Tiaa Cref Management invested 0% of its portfolio in City Office REIT Inc (NYSE:CIO). Nationwide Fund Advsr owns 18,734 shares or 0% of their US portfolio. Moreover, Martingale Asset Management Ltd Partnership has 0.03% invested in City Office REIT Inc (NYSE:CIO). Moreover, Freestone Cap Ltd Liability Corporation has 0.01% invested in City Office REIT Inc (NYSE:CIO) for 10,000 shares. Citigroup holds 126 shares or 0% of its portfolio. Bard Associates Inc reported 105,410 shares stake. Ameritas Invest Prns Inc holds 2,250 shares or 0% of its portfolio. Bank & Trust Of America De has 1,150 shares for 0% of their portfolio. Financial Bank Of Montreal Can invested in 17,897 shares. First Allied Advisory Services holds 0.02% in City Office REIT Inc (NYSE:CIO) or 33,106 shares. 277,310 are held by Perritt Mngmt. Silvercrest Asset Limited Liability Corp holds 392,683 shares. Barclays Public Limited Liability Co reported 0% of its portfolio in City Office REIT Inc (NYSE:CIO). Millennium Mngmt Ltd Limited Liability Company accumulated 100,420 shares.

Among 8 analysts covering Hospitality Properties Trust (NYSE:HPT), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. Hospitality Properties Trust had 19 analyst reports since August 11, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Underperform” rating in Monday, January 11 report. The firm has “Underperform” rating given on Tuesday, December 22 by RBC Capital Markets. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, September 18. The firm has “Hold” rating given on Friday, August 11 by Canaccord Genuity. FBR Capital initiated Hospitality Properties Trust (NASDAQ:HPT) rating on Friday, November 20. FBR Capital has “Outperform” rating and $34 target. The firm earned “Outperform” rating on Tuesday, January 19 by FBR Capital. FBR Capital maintained the stock with “Outperform” rating in Wednesday, May 11 report. The stock of Hospitality Properties Trust (NASDAQ:HPT) earned “Outperform” rating by FBR Capital on Friday, November 11. Stifel Nicolaus reinitiated the stock with “Buy” rating in Tuesday, March 29 report. The stock of Hospitality Properties Trust (NASDAQ:HPT) earned “Market Perform” rating by JMP Securities on Friday, April 7.

Kames Capital Plc decreased Idexx Laboratories Inc. (NASDAQ:IDXX) stake by 250 shares to 8,162 valued at $1.32B in 2017Q2. It also reduced Raytheon Company (NYSE:RTN) stake by 321 shares and now owns 10,484 shares. Ingredion Incorporated (NYSE:INGR) was reduced too.

Investors sentiment increased to 1.33 in 2017 Q2. Its up 0.36, from 0.97 in 2017Q1. It improved, as 27 investors sold HPT shares while 96 reduced holdings. 35 funds opened positions while 128 raised stakes. 121.82 million shares or 1.37% less from 123.51 million shares in 2017Q1 were reported. Ent Financial Svcs accumulated 0.01% or 763 shares. Garland Cap Management owns 119,255 shares for 2.13% of their portfolio. Parametric Associate Limited Liability Corp invested 0.03% in Hospitality Properties Trust (NASDAQ:HPT). Schwab Charles Management Incorporated owns 1.62 million shares. First Midwest Bank Tru Division invested in 0.16% or 43,351 shares. Lsv Asset Mgmt holds 7.67 million shares. Quantbot Technologies LP stated it has 6,827 shares or 0.02% of all its holdings. Fort Washington Invest Oh holds 20,875 shares or 0.01% of its portfolio. Capstone Asset Mgmt reported 12,805 shares or 0.01% of all its holdings. Miller Howard Invs Incorporated New York stated it has 0.65% in Hospitality Properties Trust (NASDAQ:HPT). Rodgers Brothers invested 0.14% of its portfolio in Hospitality Properties Trust (NASDAQ:HPT). 9,261 were reported by Cibc World Markets Incorporated. Arrow Invest Advisors Limited Company has invested 0.16% of its portfolio in Hospitality Properties Trust (NASDAQ:HPT). Lazard Asset Management Ltd has invested 0% in Hospitality Properties Trust (NASDAQ:HPT). Kemper Master Retirement reported 4,925 shares stake.

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