The Insider Neil Shah Bought 2975 shares of Hersha Hospitality Trust (HT); Tortoise Capital Advisors Boosted By $3.36 Million Its Nustar Energy LP (NS) Position

As exposed in the Security Exchange Commission, a legal report for the deal of 2,975 shares of Hersha Hospitality Trust by Neil Shah was filled. Neil Shah is the current President and COO of the stock exchange listed company. The form was filled on March 02, 2018. Neil Shah’s shares were obtained at average $16.8 for share, and had a value of $49,831 USD. Currently, Mr. Neil, has 395,752 shares, which accounts for 0.92% of Hersha Hospitality Trust’s market cap.

Tortoise Capital Advisors Llc increased Nustar Energy Lp (NS) stake by 1.95% reported in 2017Q3 SEC filing. Tortoise Capital Advisors Llc acquired 84,082 shares as Nustar Energy Lp (NS)’s stock declined 13.13%. The Tortoise Capital Advisors Llc holds 4.40 million shares with $178.41 million value, up from 4.31M last quarter. Nustar Energy Lp now has $1.94B valuation. The stock decreased 3.43% or $0.74 during the last trading session, reaching $20.81. About 1.76M shares traded or 151.06% up from the average. NuStar Energy L.P. (NYSE:NS) has declined 5.14% since March 3, 2017 and is downtrending. It has underperformed by 21.84% 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 $727.93 million. The Company's 49 hotels totaling 7,584 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast. It has a 9.45 P/E ratio.

The stock decreased 0.06% or $0.01 during the last trading session, reaching $16.91. About 426,834 shares traded. Hersha Hospitality Trust (NYSE:HT) has risen 8.90% since March 3, 2017 and is uptrending. It has underperformed by 7.80% the S&P500.

Among 12 analysts covering Hersha Hospitality Trust (NYSE:HT), 4 have Buy rating, 2 Sell and 6 Hold. Therefore 33% are positive. Hersha Hospitality Trust has $32 highest and $16 lowest target. $21.62’s average target is 27.85% above currents $16.91 stock price. Hersha Hospitality Trust had 40 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Hersha Hospitality Trust (NYSE:HT) earned “Sector Perform” rating by RBC Capital Markets on Monday, January 4. Wells Fargo maintained it with “Market Perform” rating and $17 target in Friday, October 27 report. The rating was reinitiated by Stifel Nicolaus on Tuesday, March 29 with “Hold”. The company was maintained on Monday, February 12 by Stifel Nicolaus. The company was maintained on Wednesday, September 6 by Stifel Nicolaus. Robert W. Baird maintained Hersha Hospitality Trust (NYSE:HT) rating on Thursday, September 7. Robert W. Baird has “Buy” rating and $20.0 target. As per Monday, February 22, the company rating was maintained by RBC Capital Markets. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, February 22. The stock of Hersha Hospitality Trust (NYSE:HT) has “Buy” rating given on Tuesday, February 27 by Robert W. Baird. The firm has “Underperform” rating given on Friday, March 3 by Bank of America.

Tortoise Capital Advisors Llc decreased Genesis Energy LP (NYSE:GEL) stake by 981,904 shares to 9.33 million valued at $245.87M in 2017Q3. It also reduced Noble Midstream Partners Lp stake by 59,681 shares and now owns 2.89M shares. Transcanada Corp (NYSE:TRP) was reduced too.