Shares of Hospitality Properties Trust (NASDAQ:HPT) have been given an average recommendation of “Hold” by the eight brokerages that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $31.50.

A number of analysts recently issued reports on HPT shares. Zacks Investment Research raised Hospitality Properties Trust from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a research report on Wednesday, October 11th. FBR & Co reaffirmed a “buy” rating and issued a $33.00 target price (down previously from $35.00) on shares of Hospitality Properties Trust in a research report on Thursday, August 10th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $33.00 target price (down previously from $33.50) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. Canaccord Genuity reaffirmed a “hold” rating and issued a $30.00 target price (down previously from $32.00) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. Finally, BidaskClub raised Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th.

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Hedge funds and other institutional investors have recently made changes to their positions in the business. IHT Wealth Management LLC increased its position in Hospitality Properties Trust by 27.0% during the second 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. Ffcm LLC increased its position in Hospitality Properties Trust by 221.1% during the second quarter. Ffcm LLC now owns 3,834 shares of the real estate investment trust’s stock worth $114,000 after buying an additional 2,640 shares during the last quarter. Kemper Corp Master Retirement Trust increased its position in Hospitality Properties Trust by 0.5% during the second quarter. Kemper Corp Master Retirement Trust now owns 4,925 shares of the real estate investment trust’s stock worth $144,000 after buying an additional 25 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. increased its position in Hospitality Properties Trust by 117.4% during the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 5,000 shares of the real estate investment trust’s stock worth $158,000 after buying an additional 2,700 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in Hospitality Properties Trust during the first quarter worth approximately $209,000. 76.17% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Hospitality Properties Trust (HPT) opened at $28.73 on Friday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.38. The stock has a market capitalization of $4,719.85, a PE ratio of 8.05, a P/E/G ratio of 1.62 and a beta of 1.05. Hospitality Properties Trust has a 12-month low of $26.06 and a 12-month high of $32.68.

Hospitality Properties Trust (NASDAQ:HPT) last released its earnings results on Wednesday, August 9th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.03). The company had revenue of $570.60 million during the quarter, compared to analyst estimates of $557.61 million. Hospitality Properties Trust had a net margin of 10.22% and a return on equity of 7.53%. Hospitality Properties Trust’s revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.09 EPS. research analysts expect that Hospitality Properties Trust will post 3.55 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 16th. Shareholders of record on Monday, October 23rd will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 7.24%. The ex-dividend date of this dividend is Friday, October 20th. Hospitality Properties Trust’s dividend payout ratio (DPR) is presently 176.27%.

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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