BidaskClub lowered shares of Hospitality Properties Trust (NASDAQ:HPT) from a hold rating to a sell rating in a report released on Tuesday morning, BidAskClub reports.

A number of other brokerages also recently commented on HPT. Zacks Investment Research downgraded Hospitality Properties Trust from a buy rating to a hold rating in a research report on Thursday, August 15th. Stifel Nicolaus downgraded Hospitality Properties Trust from a buy rating to a hold rating and lowered their price objective for the company from $28.00 to $25.00 in a research report on Monday, June 3rd. Finally, ValuEngine raised Hospitality Properties Trust from a sell rating to a hold rating in a research report on Wednesday, September 4th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. Hospitality Properties Trust has an average rating of Hold and an average target price of $28.33.

Shares of NASDAQ:HPT opened at $25.02 on Tuesday. The company has a market cap of $4.12 billion, a P/E ratio of 6.99 and a beta of 0.98. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 1.54. Hospitality Properties Trust has a 52 week low of $22.47 and a 52 week high of $29.03. The business has a fifty day simple moving average of $24.48 and a 200-day simple moving average of $25.34.

Hospitality Properties Trust (NASDAQ:HPT) last announced its quarterly earnings data on Friday, August 9th. The real estate investment trust reported $1.03 EPS for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.02. The business had revenue of $610.60 million during the quarter, compared to the consensus estimate of $606.51 million. Hospitality Properties Trust had a negative return on equity of 7.74% and a negative net margin of 9.12%. The business’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.59 earnings per share. Sell-side analysts expect that Hospitality Properties Trust will post 3.71 earnings per share for the current fiscal year.

Institutional investors have recently modified their holdings of the stock. Clean Yield Group acquired a new position in Hospitality Properties Trust in the second quarter valued at $25,000. AdvisorNet Financial Inc boosted its holdings in Hospitality Properties Trust by 50.8% in the second quarter. AdvisorNet Financial Inc now owns 2,078 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 700 shares during the last quarter. NEXT Financial Group Inc boosted its holdings in Hospitality Properties Trust by 239.0% in the second quarter. NEXT Financial Group Inc now owns 2,173 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 1,532 shares during the last quarter. NumerixS Investment Technologies Inc acquired a new position in Hospitality Properties Trust in the second quarter valued at $75,000. Finally, Meridian Wealth Management LLC acquired a new position in Hospitality Properties Trust in the second quarter valued at $80,000. Hedge funds and other institutional investors own 74.79% of the company’s stock.

Hospitality Properties Trust Company Profile

Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, the District of Columbia, Puerto Rico and Canada. HPT's properties are operated under long term management or lease agreements. HPT is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.

Recommended Story: How analysts view the yield curve

Receive News & Ratings for Hospitality Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hospitality Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.