Equities research analysts expect Hospitality Properties Trust (NASDAQ:HPT) to post earnings of $1.09 per share for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Hospitality Properties Trust’s earnings. The lowest EPS estimate is $1.06 and the highest is $1.11. Hospitality Properties Trust also posted earnings of $1.09 per share in the same quarter last year. The firm is expected to announce its next earnings results on Tuesday, August 8th.

According to Zacks, analysts expect that Hospitality Properties Trust will report full-year earnings of $3.63 per share for the current fiscal year, with EPS estimates ranging from $3.44 to $3.78. For the next financial year, analysts anticipate that the company will report earnings of $3.86 per share, with EPS estimates ranging from $3.53 to $4.03. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Hospitality Properties Trust.

Hospitality Properties Trust (NASDAQ:HPT) last announced its quarterly earnings results on Wednesday, May 10th. The real estate investment trust reported $0.91 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.91. The company had revenue of $488.60 million for the quarter, compared to analysts’ expectations of $482.04 million. Hospitality Properties Trust had a net margin of 10.10% and a return on equity of 7.54%. Hospitality Properties Trust’s revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.93 EPS.

Several equities analysts have weighed in on HPT shares. DA Davidson reaffirmed a “buy” rating on shares of Hospitality Properties Trust in a report on Tuesday, March 21st. FBR & Co set a $35.00 price target on shares of Hospitality Properties Trust and gave the company a “buy” rating in a report on Saturday, May 13th. Zacks Investment Research raised shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Tuesday, May 23rd. JMP Securities reaffirmed a “market perform” rating on shares of Hospitality Properties Trust in a report on Friday, April 7th. Finally, Robert W. Baird reaffirmed a “neutral” rating and set a $32.00 price target (up previously from $31.00) on shares of Hospitality Properties Trust in a report on Friday, June 16th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. Hospitality Properties Trust currently has a consensus rating of “Hold” and a consensus price target of $33.21.

Shares of Hospitality Properties Trust (HPT) opened at 29.06 on Monday. The company’s 50 day moving average is $29.47 and its 200-day moving average is $30.93. Hospitality Properties Trust has a 52 week low of $26.06 and a 52 week high of $32.68. The stock has a market capitalization of $4.77 billion, a PE ratio of 25.51 and a beta of 1.01.

Institutional investors have recently added to or reduced their stakes in the company. Allianz Asset Management AG increased its position in Hospitality Properties Trust by 6.1% in the fourth quarter. Allianz Asset Management AG now owns 36,121 shares of the real estate investment trust’s stock valued at $1,147,000 after buying an additional 2,068 shares during the period. Renaissance Technologies LLC bought a new position in Hospitality Properties Trust during the fourth quarter valued at approximately $10,728,000. GSA Capital Partners LLP bought a new position in Hospitality Properties Trust during the fourth quarter valued at approximately $216,000. Janus Capital Management LLC increased its position in Hospitality Properties Trust by 169.9% in the fourth quarter. Janus Capital Management LLC now owns 66,400 shares of the real estate investment trust’s stock valued at $2,108,000 after buying an additional 41,800 shares during the period. Finally, AQR Capital Management LLC increased its position in Hospitality Properties Trust by 25.0% in the fourth quarter. AQR Capital Management LLC now owns 47,547 shares of the real estate investment trust’s stock valued at $1,509,000 after buying an additional 9,513 shares during the period. 77.83% of the stock is currently owned by hedge funds and other institutional investors.

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About Hospitality Properties Trust

Hospitality Properties Trust is a real estate investment trust. The Company’s segments include hotel investments, travel center investments and corporate. As of December 31, 2016, the Company owned 306 hotels with 46,583 rooms or suites, and 198 travel centers. As of December 31, 2016, the Company’s properties were located in 45 states in the United States, Canada and Puerto Rico.

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