Shares of Hospitality Properties Trust (NYSE:HPT) have been assigned an average recommendation of “Hold” from the eight research firms that are currently covering the company. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $29.80.

Several equities research analysts have recently weighed in on HPT shares. Canaccord Genuity reissued a “hold” rating and issued a $33.00 price objective on shares of Hospitality Properties Trust in a report on Wednesday, August 10th. FBR & Co downgraded Hospitality Properties Trust from an “outperform” rating to a “market perform” rating and increased their price objective for the company from $31.00 to $32.00 in a report on Wednesday, August 10th. They noted that the move was a valuation call. Finally, Zacks Investment Research downgraded Hospitality Properties Trust from a “hold” rating to a “strong sell” rating in a report on Tuesday.

Large investors have recently added to or reduced their stakes in the stock. RS Investment Management Co. LLC purchased a new position in shares of Hospitality Properties Trust during the second quarter worth $131,000. Independent Portfolio Consultants Inc. boosted its position in shares of Hospitality Properties Trust by 0.3% in the second quarter. Independent Portfolio Consultants Inc. now owns 5,240 shares of the real estate investment trust’s stock worth $151,000 after buying an additional 15 shares in the last quarter. NEXT Financial Group Inc boosted its position in shares of Hospitality Properties Trust by 2.1% in the second quarter. NEXT Financial Group Inc now owns 5,481 shares of the real estate investment trust’s stock worth $157,000 after buying an additional 113 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Hospitality Properties Trust by 1.9% in the second quarter. Daiwa Securities Group Inc. now owns 5,500 shares of the real estate investment trust’s stock worth $158,000 after buying an additional 100 shares in the last quarter. Finally, Creative Planning boosted its position in shares of Hospitality Properties Trust by 12.3% in the second quarter. Creative Planning now owns 6,400 shares of the real estate investment trust’s stock worth $184,000 after buying an additional 700 shares in the last quarter.

Shares of Hospitality Properties Trust (NYSE:HPT) opened at 28.87 on Monday. The firm has a market cap of $4.38 billion, a PE ratio of 33.85 and a beta of 1.11. Hospitality Properties Trust has a 52 week low of $20.69 and a 52 week high of $32.32. The firm’s 50-day moving average is $29.50 and its 200 day moving average is $28.39.

Hospitality Properties Trust (NYSE:HPT) last posted its quarterly earnings data on Tuesday, August 9th. The real estate investment trust reported $1.09 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.05 by $0.04. The firm earned $550.30 million during the quarter, compared to analyst estimates of $544 million. Hospitality Properties Trust’s revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.99 earnings per share. Equities research analysts forecast that Hospitality Properties Trust will post $3.60 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 17th. Shareholders of record on Friday, October 21st will be issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date of this dividend is Wednesday, October 19th. Hospitality Properties Trust’s dividend payout ratio (DPR) is currently 196.16%.

About Hospitality Properties Trust

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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