Hospitality Properties Trust (NASDAQ:HPT)‘s stock had its “buy” rating reaffirmed by equities research analysts at Stifel Nicolaus in a research note issued to investors on Friday. They currently have a $33.00 price objective on the real estate investment trust’s stock, down from their previous price objective of $33.50. Stifel Nicolaus’ price objective indicates a potential upside of 20.76% from the stock’s current price.

A number of other equities analysts also recently weighed in on HPT. FBR & Co reissued a “buy” rating and set a $33.00 price target (down previously from $35.00) on shares of Hospitality Properties Trust in a research report on Thursday. Robert W. Baird reissued a “neutral” rating and set a $32.00 price target (up previously from $31.00) on shares of Hospitality Properties Trust in a research report on Friday, June 16th. Zacks Investment Research raised Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, May 23rd. Finally, BidaskClub downgraded Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, July 1st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. Hospitality Properties Trust presently has a consensus rating of “Hold” and a consensus target price of $32.86.

Hospitality Properties Trust (NASDAQ HPT) traded down 0.95% during mid-day trading on Friday, reaching $27.07. The company had a trading volume of 355,148 shares. The stock’s 50-day moving average is $29.03 and its 200 day moving average is $30.46. The firm has a market capitalization of $4.44 billion, a P/E ratio of 23.00 and a beta of 1.01. 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. On average, analysts predict that Hospitality Properties Trust will post $1.43 earnings per share for the current fiscal year.

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A number of institutional investors have recently made changes to their positions in the company. Creative Planning increased its position in Hospitality Properties Trust by 10.4% in the first quarter. Creative Planning now owns 14,202 shares of the real estate investment trust’s stock valued at $448,000 after buying an additional 1,334 shares during the last quarter. Bank of Montreal Can increased its position in Hospitality Properties Trust by 17.8% in the first quarter. Bank of Montreal Can now owns 7,802 shares of the real estate investment trust’s stock valued at $246,000 after buying an additional 1,177 shares during the last quarter. Capstone Asset Management Co. increased its position in Hospitality Properties Trust by 2.2% in the first quarter. Capstone Asset Management Co. now owns 12,565 shares of the real estate investment trust’s stock valued at $396,000 after buying an additional 270 shares during the last quarter. Louisiana State Employees Retirement System increased its position in Hospitality Properties Trust by 2.2% in the first quarter. Louisiana State Employees Retirement System now owns 41,500 shares of the real estate investment trust’s stock valued at $1,308,000 after buying an additional 900 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its position in Hospitality Properties Trust by 28.1% in the first quarter. State of Alaska Department of Revenue now owns 80,970 shares of the real estate investment trust’s stock valued at $2,552,000 after buying an additional 17,750 shares during the last quarter. 77.24% of the stock is currently owned by hedge funds and other institutional investors.

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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