Hospitality Properties Trust (NYSE:HPT) announced a quarterly dividend on Tuesday, October 11th. Stockholders of record on Friday, October 21st will be paid a dividend of 0.51 per share by the real estate investment trust on Thursday, November 17th. This represents a $2.04 annualized dividend and a dividend yield of 7.16%.

Shares of Hospitality Properties Trust (NYSE:HPT) traded down 0.94% during mid-day trading on Tuesday, hitting $28.51. 511,827 shares of the stock traded hands. Hospitality Properties Trust has a one year low of $20.69 and a one year high of $32.32. The firm has a market capitalization of $4.32 billion, a P/E ratio of 33.42 and a beta of 1.11. The company’s 50 day moving average is $29.61 and its 200 day moving average is $28.38.

Hospitality Properties Trust (NYSE:HPT) last announced its earnings results on Tuesday, August 9th. The real estate investment trust reported $1.09 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.05 by $0.04. The business had revenue of $550.30 million for the quarter, compared to analyst estimates of $544 million. During the same quarter in the previous year, the company posted $0.99 EPS. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. On average, equities analysts expect that Hospitality Properties Trust will post $3.60 EPS for the current fiscal year.

Dividend History for Hospitality Properties Trust (NYSE:HPT)

Several research analysts recently commented on the stock. Canaccord Genuity restated a “hold” rating and set a $33.00 target price on shares of Hospitality Properties Trust in a report on Tuesday, August 16th. Zacks Investment Research upgraded shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Thursday, August 11th. Finally, FBR & Co cut shares of Hospitality Properties Trust from an “outperform” rating to a “market perform” rating and increased their target price for the stock from $31.00 to $32.00 in a report on Wednesday, August 10th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. Hospitality Properties Trust presently has an average rating of “Hold” and a consensus target price of $29.50.

Hedge funds have recently bought and sold shares of the company. Credit Suisse AG raised its position in shares of Hospitality Properties Trust by 17.3% in the second quarter. Credit Suisse AG now owns 594,793 shares of the real estate investment trust’s stock valued at $17,130,000 after buying an additional 87,933 shares during the last quarter. Martingale Asset Management L P raised its position in shares of Hospitality Properties Trust by 11.1% in the second quarter. Martingale Asset Management L P now owns 445,417 shares of the real estate investment trust’s stock valued at $12,829,000 after buying an additional 44,641 shares during the last quarter. Sei Investments Co. raised its position in shares of Hospitality Properties Trust by 97.8% in the second quarter. Sei Investments Co. now owns 24,267 shares of the real estate investment trust’s stock valued at $699,000 after buying an additional 12,001 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Hospitality Properties Trust by 8.2% in the second quarter. Janney Montgomery Scott LLC now owns 22,611 shares of the real estate investment trust’s stock valued at $591,000 after buying an additional 1,716 shares during the last quarter. Finally, Comerica Bank raised its position in shares of Hospitality Properties Trust by 1.6% in the second quarter. Comerica Bank now owns 112,146 shares of the real estate investment trust’s stock valued at $3,576,000 after buying an additional 1,739 shares during the last quarter.

Hospitality Properties Trust Company Profile

Hospitality Properties Trust is a real estate investment trust. The Company owns approximately 300 hotels with over 45,860 rooms or suites, and approximately 190 travel centers. The Company’s segments include hotel investments, travel center investments and corporate. The Company’s properties are located in approximately 50 states in the United States, Canada and Puerto Rico.

5 Day Chart for NYSE:HPT

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