Hospitality Properties Trust (NASDAQ:HPT) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.

Several other analysts have also issued reports on the company. Wells Fargo & Co lowered Hospitality Properties Trust from a “market perform” rating to an “underperform” rating and set a $28.00 target price on the stock. in a report on Tuesday, December 19th. Zacks Investment Research raised Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Robert W. Baird set a $30.00 target price on Hospitality Properties Trust and gave the stock a “hold” rating in a report on Tuesday, October 17th. Stifel Nicolaus restated a “buy” rating and set a $31.00 price objective on shares of Hospitality Properties Trust in a research report on Wednesday, January 3rd. Finally, B. Riley restated a “buy” rating on shares of Hospitality Properties Trust in a research report on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. Hospitality Properties Trust has a consensus rating of “Hold” and an average target price of $31.29.

Shares of Hospitality Properties Trust (NASDAQ HPT) opened at $29.03 on Wednesday. The stock has a market capitalization of $4,770.00, a price-to-earnings ratio of 20.74, a PEG ratio of 1.54 and a beta of 1.06. Hospitality Properties Trust has a 1-year low of $26.64 and a 1-year high of $32.68. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.44.

Hospitality Properties Trust (NASDAQ:HPT) last released its earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.03. The company had revenue of $577.60 million for the quarter, compared to analyst estimates of $581.67 million. Hospitality Properties Trust had a return on equity of 8.79% and a net margin of 11.66%. Hospitality Properties Trust’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.03 EPS. research analysts anticipate that Hospitality Properties Trust will post 3.57 earnings per share for the current year.

Hedge funds have recently made changes to their positions in the stock. IHT Wealth Management LLC lifted its position in shares of Hospitality Properties Trust by 27.0% during the 2nd quarter. IHT Wealth Management LLC now owns 2,350 shares of the real estate investment trust’s stock worth $332,000 after buying an additional 500 shares during the last quarter. Fieldpoint Private Securities LLC bought a new position in Hospitality Properties Trust in the third quarter valued at about $108,000. Kemper Corp Master Retirement Trust raised its position in Hospitality Properties Trust by 0.5% in the second quarter. Kemper Corp Master Retirement Trust now owns 4,925 shares of the real estate investment trust’s stock valued at $144,000 after purchasing an additional 25 shares during the last quarter. Quantbot Technologies LP raised its position in Hospitality Properties Trust by 8.4% in the second quarter. Quantbot Technologies LP now owns 6,827 shares of the real estate investment trust’s stock valued at $199,000 after purchasing an additional 527 shares during the last quarter. Finally, Girard Partners LTD. bought a new position in Hospitality Properties Trust in the third quarter valued at about $202,000. Institutional investors and hedge funds own 75.60% of the company’s stock.

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Hospitality Properties Trust Company Profile

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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