BidaskClub lowered shares of Hospitality Properties Trust (NASDAQ:HPT) from a hold rating to a sell rating in a research note issued to investors on Tuesday morning.

HPT has been the subject of a number of other reports. Zacks Investment Research lowered shares of Hospitality Properties Trust from a buy rating to a hold rating in a research report on Wednesday, November 21st. B. Riley restated a buy rating and set a $33.00 price target on shares of Hospitality Properties Trust in a research report on Tuesday, November 6th. Finally, ValuEngine lowered shares of Hospitality Properties Trust from a hold rating to a sell rating in a research report on Thursday, October 4th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. Hospitality Properties Trust has an average rating of Hold and a consensus price target of $30.00.

Shares of HPT stock opened at $26.18 on Tuesday. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 1.48. Hospitality Properties Trust has a 1 year low of $23.83 and a 1 year high of $31.27. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of 7.33, a price-to-earnings-growth ratio of 1.30 and a beta of 0.97.

Hospitality Properties Trust (NASDAQ:HPT) last issued its earnings results on Tuesday, November 6th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.02. Hospitality Properties Trust had a net margin of 14.31% and a return on equity of 9.32%. The business had revenue of $603.20 million for the quarter, compared to analysts’ expectations of $601.94 million. During the same quarter in the previous year, the firm posted $0.52 EPS. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. As a group, sell-side analysts expect that Hospitality Properties Trust will post 4 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, November 15th. Stockholders of record on Monday, October 29th were given a dividend of $0.53 per share. The ex-dividend date of this dividend was Friday, October 26th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 8.10%. Hospitality Properties Trust’s dividend payout ratio (DPR) is currently 59.38%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of Montreal Can purchased a new position in Hospitality Properties Trust in the second quarter worth $335,000. BNP Paribas Arbitrage SA grew its position in Hospitality Properties Trust by 25.1% in the second quarter. BNP Paribas Arbitrage SA now owns 52,774 shares of the real estate investment trust’s stock worth $1,510,000 after acquiring an additional 10,590 shares in the last quarter. Dupont Capital Management Corp grew its position in Hospitality Properties Trust by 51.3% in the second quarter. Dupont Capital Management Corp now owns 59,924 shares of the real estate investment trust’s stock worth $1,714,000 after acquiring an additional 20,311 shares in the last quarter. Aperio Group LLC grew its position in Hospitality Properties Trust by 3.1% in the second quarter. Aperio Group LLC now owns 194,737 shares of the real estate investment trust’s stock worth $5,571,000 after acquiring an additional 5,780 shares in the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD purchased a new position in Hospitality Properties Trust in the second quarter worth $214,000. Hedge funds and other institutional investors own 74.32% of the company’s stock.

About Hospitality Properties Trust

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, 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.

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Analyst Recommendations for Hospitality Properties Trust (NASDAQ:HPT)

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