Hospitality Properites Trust (NYSE:HPT) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $30.36 and last traded at $30.30, with a volume of 494,372 shares changing hands. The stock had previously closed at $29.84.

HPT has been the subject of a number of research reports. TheStreet raised shares of Hospitality Properites Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, May 10th. Stifel Nicolaus initiated coverage on shares of Hospitality Properites Trust in a research note on Tuesday, March 29th. They issued a “buy” rating and a $29.00 price objective for the company. Canaccord Genuity reaffirmed a “hold” rating on shares of Hospitality Properites Trust in a research note on Monday, May 16th. Wells Fargo & Co. reaffirmed a “hold” rating on shares of Hospitality Properites Trust in a research note on Tuesday, May 10th. Finally, FBR & Co lifted their price objective on shares of Hospitality Properites Trust from $30.00 to $31.00 and gave the company an “outperform” rating in a research note on Wednesday, May 11th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $28.33.

The company has a 50-day moving average of $26.88 and a 200 day moving average of $25.55. The stock has a market cap of $4.58 billion and a PE ratio of 29.241.

Hospitality Properites Trust (NYSE:HPT) last issued its earnings results on Tuesday, May 10th. The real estate investment trust reported $0.93 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.92 by $0.01. The firm earned $474.10 million during the quarter, compared to the consensus estimate of $476.94 million. During the same period in the previous year, the company posted $0.83 EPS. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. Analysts expect that Hospitality Properites Trust will post $3.85 earnings per share for the current fiscal year.

Several large investors recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Hospitality Properites Trust by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 22,875,243 shares of the real estate investment trust’s stock valued at $598,188,000 after buying an additional 776,287 shares in the last quarter. First Trust Advisors LP increased its stake in shares of Hospitality Properites Trust by 219.3% in the fourth quarter. First Trust Advisors LP now owns 511,807 shares of the real estate investment trust’s stock valued at $13,384,000 after buying an additional 351,502 shares in the last quarter. Stephens Inc. AR increased its stake in shares of Hospitality Properites Trust by 263.6% in the fourth quarter. Stephens Inc. AR now owns 127,408 shares of the real estate investment trust’s stock valued at $3,332,000 after buying an additional 92,371 shares in the last quarter. Morgan Stanley increased its stake in shares of Hospitality Properites Trust by 4.5% in the fourth quarter. Morgan Stanley now owns 1,167,595 shares of the real estate investment trust’s stock valued at $30,532,000 after buying an additional 49,861 shares in the last quarter. Finally, Liberty Mutual Group Asset Management Inc. increased its stake in shares of Hospitality Properites Trust by 51.3% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 97,644 shares of the real estate investment trust’s stock valued at $2,553,000 after buying an additional 33,127 shares in the last quarter.

Hospitality Properties Trust is a real estate investment trust. The Company owns approximately 300 hotels with over 45,860 rooms or suites, and approximately 190 travel centers. The Company’s segments include hotel investments, travel center investments and corporate. The Company’s properties are located in approximately 50 states in the United States, Canada and Puerto Rico.

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