Hospitality Properites Trust (NYSE:HPT) shares reached a new 52-week high during trading on Monday . The stock traded as high as $31.48 and last traded at $31.30, with a volume of 224,627 shares traded. The stock had previously closed at $31.23.

HPT has been the subject of several recent analyst reports. Zacks Investment Research cut shares of Hospitality Properites Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, July 12th. TheStreet upgraded shares of Hospitality Properites Trust from a “hold” rating to a “buy” rating in a report on Tuesday, May 10th. Wells Fargo & Co. reiterated a “hold” rating on shares of Hospitality Properites Trust in a report on Tuesday, May 10th. Stifel Nicolaus initiated coverage on shares of Hospitality Properites Trust in a report on Tuesday, March 29th. They issued a “buy” rating and a $29.00 price objective for the company. Finally, Canaccord Genuity reiterated a “hold” rating on shares of Hospitality Properites Trust in a 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 company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $28.33.

The firm has a market capitalization of $4.80 billion and a price-to-earnings ratio of 30.66. The company’s 50 day moving average is $27.98 and its 200-day moving average is $25.78.

Hospitality Properites Trust (NYSE:HPT) last released its quarterly earnings data on Tuesday, May 10th. The real estate investment trust reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.01. The business had revenue of $474.10 million for the quarter, compared to the consensus estimate of $476.94 million. During the same period in the previous year, the business posted $0.83 earnings per share. Hospitality Properites Trust’s revenue was up 8.9% on a year-over-year basis. On average, equities research analysts predict that Hospitality Properites Trust will post $3.85 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 18th. Stockholders of record on Friday, July 22nd will be issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 6.44%. The ex-dividend date of this dividend is Wednesday, July 20th.

A number of institutional investors have recently made changes to their positions in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Hospitality Properites Trust by 0.5% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 43,938 shares of the real estate investment trust’s stock valued at $1,149,000 after buying an additional 206 shares in the last quarter. Boyer & Corporon Wealth Management LLC increased its position in shares of Hospitality Properites Trust by 0.4% in the fourth quarter. Boyer & Corporon Wealth Management LLC now owns 80,547 shares of the real estate investment trust’s stock valued at $2,107,000 after buying an additional 326 shares in the last quarter. Deere & Co. increased its position in shares of Hospitality Properites Trust by 0.5% in the fourth quarter. Deere & Co. now owns 77,110 shares of the real estate investment trust’s stock valued at $2,016,000 after buying an additional 370 shares in the last quarter. Mutual of America Capital Management LLC increased its position in shares of Hospitality Properites Trust by 0.6% in the fourth quarter. Mutual of America Capital Management LLC now owns 101,753 shares of the real estate investment trust’s stock valued at $2,661,000 after buying an additional 635 shares in the last quarter. Finally, Swiss National Bank increased its position 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 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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