Hospitality Properties Trust (NASDAQ:HPT) has been given an average rating of “Hold” by the nine brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $31.83.

HPT has been the subject of several recent analyst reports. Stifel Nicolaus reiterated a “buy” rating and set a $33.00 price objective (down from $33.50) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. FBR & Co reiterated a “buy” rating and set a $33.00 price objective (down from $35.00) on shares of Hospitality Properties Trust in a research report on Thursday, August 10th. Zacks Investment Research upgraded shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a research report on Wednesday. BidaskClub upgraded shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Finally, Canaccord Genuity reiterated a “hold” rating and set a $30.00 price objective (down from $32.00) on shares of Hospitality Properties Trust in a research report on Friday, August 11th.

Shares of Hospitality Properties Trust (NASDAQ:HPT) remained flat at $29.36 during trading on Wednesday. The company’s stock had a trading volume of 524,674 shares. Hospitality Properties Trust has a 12 month low of $26.06 and a 12 month high of $32.68. The stock has a 50 day moving average price of $28.08 and a 200 day moving average price of $29.37. The firm has a market cap of $4.82 billion, a PE ratio of 24.94 and a beta of 1.04.

Hospitality Properties Trust (NASDAQ:HPT) last posted its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $1.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.09 by ($0.03). Hospitality Properties Trust had a return on equity of 7.53% and a net margin of 10.22%. The firm had revenue of $570.60 million for the quarter, compared to analyst estimates of $557.61 million. During the same quarter last year, the company earned $1.09 earnings per share. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. Equities research analysts anticipate that Hospitality Properties Trust will post $1.07 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 16th. Shareholders of record on Monday, October 23rd will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 7.08%. The ex-dividend date of this dividend is Friday, October 20th. Hospitality Properties Trust’s payout ratio is 176.27%.

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Large investors have recently bought and sold shares of the business. UBS Asset Management Americas Inc. lifted its stake in shares of Hospitality Properties Trust by 20.3% in the first quarter. UBS Asset Management Americas Inc. now owns 361,470 shares of the real estate investment trust’s stock valued at $11,397,000 after buying an additional 61,025 shares in the last quarter. Schroder Investment Management Group bought a new position in shares of Hospitality Properties Trust in the first quarter valued at $590,000. Neuberger Berman Group LLC lifted its stake in shares of Hospitality Properties Trust by 30.9% in the first quarter. Neuberger Berman Group LLC now owns 10,241 shares of the real estate investment trust’s stock valued at $323,000 after buying an additional 2,417 shares in the last quarter. OppenheimerFunds Inc. lifted its stake in shares of Hospitality Properties Trust by 23.6% in the first quarter. OppenheimerFunds Inc. now owns 97,024 shares of the real estate investment trust’s stock valued at $3,059,000 after buying an additional 18,553 shares in the last quarter. Finally, Wellington Management Group LLP lifted its stake in shares of Hospitality Properties Trust by 107.9% in the first quarter. Wellington Management Group LLP now owns 224,545 shares of the real estate investment trust’s stock valued at $7,080,000 after buying an additional 116,543 shares in the last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

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.

Analyst Recommendations for Hospitality Properties Trust (NASDAQ:HPT)

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