Hospitality Properties Trust (HPT) Given Average Recommendation of “Hold” by Analysts

Shares of Hospitality Properties Trust (NASDAQ:HPT) have been given an average rating of “Hold” by the ten ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $31.17.

A number of equities analysts have weighed in on HPT shares. BidaskClub upgraded Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. B. Riley restated a “buy” rating and issued a $35.00 price target on shares of Hospitality Properties Trust in a report on Monday, January 22nd. Stifel Nicolaus restated a “buy” rating and issued a $31.00 price target on shares of Hospitality Properties Trust in a report on Wednesday, January 3rd. Zacks Investment Research upgraded Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Finally, Robert W. Baird set a $30.00 price target on Hospitality Properties Trust and gave the stock a “hold” rating in a report on Tuesday, October 17th.

Shares of Hospitality Properties Trust (NASDAQ:HPT) opened at $26.69 on Tuesday. The stock has a market capitalization of $4,390.00, a PE ratio of 19.06, a PEG ratio of 1.43 and a beta of 0.93. Hospitality Properties Trust has a fifty-two week low of $25.62 and a fifty-two week high of $32.68. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.44.

The firm also recently announced a dividend, which will be paid on Monday, February 26th. Stockholders of record on Monday, January 29th will be paid a dividend of $0.52 per share. This represents a dividend yield of 0.0178448867536033%. The ex-dividend date is Friday, January 26th. Hospitality Properties Trust’s dividend payout ratio (DPR) is currently 148.57%.

Several institutional investors have recently added to or reduced their stakes in HPT. FMR LLC boosted its stake in shares of Hospitality Properties Trust by 77.2% during the 2nd quarter. FMR LLC now owns 56,700 shares of the real estate investment trust’s stock valued at $1,653,000 after buying an additional 24,700 shares during the last quarter. Janus Henderson Group PLC purchased a new position in shares of Hospitality Properties Trust during the 2nd quarter valued at approximately $1,767,000. State Street Corp boosted its stake in shares of Hospitality Properties Trust by 0.3% during the 2nd quarter. State Street Corp now owns 7,515,303 shares of the real estate investment trust’s stock valued at $219,069,000 after buying an additional 20,879 shares during the last quarter. Cubist Systematic Strategies LLC boosted its stake in shares of Hospitality Properties Trust by 85.5% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 12,609 shares of the real estate investment trust’s stock valued at $368,000 after buying an additional 5,810 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of 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 valued at $7,038,000 after buying an additional 4,101 shares during the last quarter. Institutional investors own 75.26% of the company’s stock.

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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.

Analyst Recommendations for Hospitality Properties Trust (NASDAQ:HPT)

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