Hospitality Properties Trust (NASDAQ:HPT) was upgraded by investment analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Friday.

HPT has been the subject of several other research reports. Zacks Investment Research lowered shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, May 9th. FBR & Co boosted their target price on shares of Hospitality Properties Trust from $33.00 to $35.00 and gave the company an “outperform” rating in a research note on Monday, March 6th. DA Davidson reiterated a “buy” rating on shares of Hospitality Properties Trust in a research note on Tuesday, March 21st. Finally, JMP Securities restated a “market perform” rating on shares of Hospitality Properties Trust in a research report on Friday, April 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $33.21.

Analyst Recommendations for Hospitality Properties Trust (NASDAQ:HPT)

Shares of Hospitality Properties Trust (NASDAQ HPT) traded up 1.89% on Friday, reaching $30.69. 1,617,086 shares of the company’s stock traded hands. The company has a 50 day moving average of $29.81 and a 200-day moving average of $30.90. The stock has a market capitalization of $5.04 billion, a PE ratio of 26.94 and a beta of 1.01. Hospitality Properties Trust has a 52 week low of $26.06 and a 52 week high of $32.68.

Hospitality Properties Trust (NASDAQ:HPT) last released its earnings results on Wednesday, May 10th. The real estate investment trust reported $0.91 earnings per share for the quarter, meeting the consensus estimate of $0.91. Hospitality Properties Trust had a net margin of 10.10% and a return on equity of 7.54%. The firm had revenue of $488.60 million during the quarter, compared to analyst estimates of $482.04 million. During the same quarter in the previous year, the firm earned $0.93 earnings per share. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. Equities research analysts forecast that Hospitality Properties Trust will post $1.43 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 18th. Investors of record on Friday, April 21st were issued a $0.52 dividend. The ex-dividend date was Wednesday, April 19th. This represents a $2.08 annualized dividend and a yield of 6.78%. This is an increase from Hospitality Properties Trust’s previous quarterly dividend of $0.51. Hospitality Properties Trust’s dividend payout ratio is presently 180.87%.

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A number of large investors have recently bought and sold shares of HPT. BlackRock Inc. increased its stake in Hospitality Properties Trust by 5,144.8% in the first quarter. BlackRock Inc. now owns 16,690,904 shares of the real estate investment trust’s stock valued at $526,264,000 after buying an additional 16,372,668 shares during the last quarter. Norges Bank bought a new stake in Hospitality Properties Trust during the fourth quarter valued at $44,594,000. Vanguard Group Inc. increased its stake in Hospitality Properties Trust by 3.3% in the first quarter. Vanguard Group Inc. now owns 29,114,517 shares of the real estate investment trust’s stock valued at $917,981,000 after buying an additional 935,494 shares during the last quarter. Renaissance Technologies LLC bought a new stake in Hospitality Properties Trust during the fourth quarter valued at $10,728,000. Finally, Ameriprise Financial Inc. increased its stake in Hospitality Properties Trust by 23.1% in the first quarter. Ameriprise Financial Inc. now owns 961,755 shares of the real estate investment trust’s stock valued at $30,325,000 after buying an additional 180,570 shares during the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

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.

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