Analysts predict that Hospitality Properties Trust (NASDAQ:HPT) will post $506.06 million in sales for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Hospitality Properties Trust’s earnings. The lowest sales estimate is $484.22 million and the highest is $520.14 million. Hospitality Properties Trust posted sales of $479.28 million in the same quarter last year, which indicates a positive year-over-year growth rate of 5.6%. The business is expected to report its next earnings results on Wednesday, March 7th.

On average, analysts expect that Hospitality Properties Trust will report full-year sales of $506.06 million for the current fiscal year, with estimates ranging from $2.12 billion to $2.16 billion. For the next year, analysts forecast that the business will report sales of $2.23 billion per share, with estimates ranging from $2.13 billion to $2.28 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for Hospitality Properties Trust.

Hospitality Properties Trust (NASDAQ:HPT) last issued its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.04 by $0.03. The company had revenue of $577.60 million during the quarter, compared to analyst estimates of $581.67 million. Hospitality Properties Trust had a net margin of 11.66% and a return on equity of 8.79%. Hospitality Properties Trust’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the business earned $1.03 EPS.

Several brokerages recently commented on HPT. Wells Fargo & Co downgraded shares of Hospitality Properties Trust from a “market perform” rating to an “underperform” rating and set a $28.00 price objective on the stock. in a research report on Tuesday, December 19th. BidaskClub raised shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Zacks Investment Research raised shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Robert W. Baird set a $30.00 price objective on shares of Hospitality Properties Trust and gave the company a “hold” rating in a research report on Tuesday, October 17th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $31.00 price objective on shares of Hospitality Properties Trust in a research report on Wednesday, January 3rd. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $31.29.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC lifted its stake in shares of Hospitality Properties Trust by 13.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 42,080 shares of the real estate investment trust’s stock worth $1,256,000 after purchasing an additional 5,100 shares during the period. Prudential Financial Inc. lifted its stake in shares of Hospitality Properties Trust by 16.2% in the 3rd quarter. Prudential Financial Inc. now owns 2,231,889 shares of the real estate investment trust’s stock worth $63,587,000 after purchasing an additional 310,945 shares during the period. AXA lifted its stake in shares of Hospitality Properties Trust by 20.8% in the 3rd quarter. AXA now owns 373,632 shares of the real estate investment trust’s stock worth $10,645,000 after purchasing an additional 64,311 shares during the period. Public Employees Retirement System of Ohio lifted its stake in shares of Hospitality Properties Trust by 28.7% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 321,314 shares of the real estate investment trust’s stock worth $9,154,000 after purchasing an additional 71,674 shares during the period. Finally, Moors & Cabot Inc. lifted its stake in shares of Hospitality Properties Trust by 11.6% in the 3rd quarter. Moors & Cabot Inc. now owns 21,575 shares of the real estate investment trust’s stock worth $615,000 after purchasing an additional 2,250 shares during the period. 75.60% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Hospitality Properties Trust (NASDAQ HPT) traded down $0.16 during trading on Monday, hitting $29.18. 484,000 shares of the company traded hands, compared to its average volume of 595,378. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.42 and a current ratio of 0.42. The company has a market cap of $4,795.71, a price-to-earnings ratio of 20.84, a price-to-earnings-growth ratio of 1.54 and a beta of 1.06. Hospitality Properties Trust has a 52 week low of $26.64 and a 52 week high of $32.68.

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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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