Hospitality Properties Trust (HPT) Earns “Buy” Rating from Stifel Nicolaus

Hospitality Properties Trust (NASDAQ:HPT)‘s stock had its “buy” rating reiterated by stock analysts at Stifel Nicolaus in a note issued to investors on Wednesday. They currently have a $31.00 target price on the real estate investment trust’s stock. Stifel Nicolaus’ price objective would suggest a potential upside of 3.30% from the company’s current price.

Several other equities research analysts also recently weighed in on HPT. BidaskClub raised shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. Zacks Investment Research raised shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a report on Wednesday, October 11th. Robert W. Baird set a $30.00 price objective on shares of Hospitality Properties Trust and gave the stock a “hold” rating in a report on Tuesday, October 17th. B. Riley reiterated a “buy” rating on shares of Hospitality Properties Trust in a research report on Wednesday, November 1st. Finally, Wells Fargo & Co cut shares of Hospitality Properties Trust from a “market perform” rating to an “underperform” rating and set a $28.00 price target on the stock. in a research report on Tuesday, December 19th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. Hospitality Properties Trust presently has a consensus rating of “Hold” and a consensus price target of $31.29.

Shares of Hospitality Properties Trust (NASDAQ HPT) opened at $30.01 on Wednesday. The firm has a market cap of $4,905.82, a PE ratio of 21.44, a P/E/G ratio of 1.57 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 debt-to-equity ratio of 1.44, a current ratio of 0.42 and a quick ratio of 0.42.

Hospitality Properties Trust (NASDAQ:HPT) last posted its quarterly earnings data on Wednesday, November 8th. The real estate investment trust reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.03. The business had revenue of $577.60 million during the quarter, compared to the consensus estimate of $581.67 million. Hospitality Properties Trust had a net margin of 11.66% and a return on equity of 8.79%. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.03 earnings per share. analysts forecast that Hospitality Properties Trust will post 3.58 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of the business. Wellington Management Group LLP raised its holdings in Hospitality Properties Trust by 39.9% during the 1st quarter. Wellington Management Group LLP now owns 50,354 shares of the real estate investment trust’s stock worth $1,338,000 after buying an additional 14,354 shares during the period. Crow Point Partners raised its holdings in Hospitality Properties Trust by 7.1% during the 3rd quarter. Crow Point Partners now owns 3,020 shares of the real estate investment trust’s stock worth $77,000 after buying an additional 200 shares during the period. BNP Paribas Arbitrage SA raised its holdings in Hospitality Properties Trust by 88.5% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 203,237 shares of the real estate investment trust’s stock worth $5,924,000 after buying an additional 95,393 shares during the period. Kempner Capital Management Inc. raised its holdings in Hospitality Properties Trust by 14.4% during the 1st quarter. Kempner Capital Management Inc. now owns 14,300 shares of the real estate investment trust’s stock worth $451,000 after buying an additional 1,800 shares during the period. Finally, The Manufacturers Life Insurance Company raised its holdings in Hospitality Properties Trust by 1.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 241,418 shares of the real estate investment trust’s stock worth $7,038,000 after buying an additional 4,101 shares during the period. Hedge funds and other institutional investors 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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