Shares of Hospitality Properites Trust (NYSE:HPT) hit a new 52-week high on Monday . The stock 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.

Several analysts recently weighed in on HPT shares. TheStreet upgraded shares of Hospitality Properites Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, May 10th. Stifel Nicolaus started coverage on shares of Hospitality Properites Trust in a research report on Tuesday, March 29th. They issued a “buy” rating and a $29.00 price objective on the stock. Wells Fargo & Co. reiterated a “hold” rating on shares of Hospitality Properites Trust in a research report on Tuesday, May 10th. Zacks Investment Research downgraded shares of Hospitality Properites Trust from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, Canaccord Genuity reiterated a “hold” rating on shares of Hospitality Properites Trust in a research report on Monday, May 16th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $28.33.

The company has a 50 day moving average price of $27.21 and a 200-day moving average price of $25.60. The company has a market cap of $4.67 billion and a P/E ratio of 29.81.

Hospitality Properites Trust (NYSE:HPT) last released 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 company had revenue of $474.10 million for the quarter, compared to analyst estimates of $476.94 million. Hospitality Properites Trust’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.83 earnings per share. Analysts anticipate that Hospitality Properites Trust will post $3.85 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 18th. Investors of record on Friday, July 22nd will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 6.62%.

Other institutional investors recently added to or reduced their stakes in the company. California Public Employees Retirement System boosted its position in Hospitality Properites Trust by 0.4% in the fourth quarter. California Public Employees Retirement System now owns 453,829 shares of the real estate investment trust’s stock valued at $11,868,000 after buying an additional 2,000 shares during the last quarter. Swiss National Bank raised its stake in shares of Hospitality Properites Trust by 0.9% in the fourth quarter. Swiss National Bank now owns 201,088 shares of the real estate investment trust’s stock valued at $5,258,000 after buying an additional 1,800 shares during the period. Atlantic Trust Group LLC raised its stake in shares of Hospitality Properites Trust by 9.1% in the fourth quarter. Atlantic Trust Group LLC now owns 55,785 shares of the real estate investment trust’s stock valued at $1,458,000 after buying an additional 4,635 shares during the period. Rhumbline Advisers raised its stake in shares of Hospitality Properites Trust by 1.6% in the fourth quarter. Rhumbline Advisers now owns 242,334 shares of the real estate investment trust’s stock valued at $6,337,000 after buying an additional 3,925 shares during the period. Finally, First Trust Advisors LP raised 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 during the period.

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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