Hospitality Properites Trust (NYSE:HPT)’s share price traded down 1.6% during mid-day trading on Wednesday . The company traded as low as $30.91 and last traded at $31.19, with a volume of 303,249 shares. The stock had previously closed at $31.70.

A number of equities analysts have recently issued reports on the company. TheStreet upgraded Hospitality Properites Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, May 10th. Stifel Nicolaus assumed coverage on Hospitality Properites Trust in a research note on Tuesday, March 29th. They issued a “buy” rating and a $29.00 price target on the stock. Zacks Investment Research downgraded Hospitality Properites Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, July 12th. Canaccord Genuity restated a “hold” rating on shares of Hospitality Properites Trust in a research note on Monday, May 16th. Finally, Wells Fargo & Co. restated a “hold” rating on shares of Hospitality Properites Trust in a research note on Tuesday, May 10th. Two 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. The company has an average rating of “Hold” and an average target price of $28.33.

The company has a market cap of $4.74 billion and a P/E ratio of 30.25. The company has a 50-day moving average price of $28.14 and a 200 day moving average price of $25.82.

Hospitality Properites Trust (NYSE:HPT) last released its quarterly earnings results on Tuesday, May 10th. The real estate investment trust reported $0.93 earnings per share for the quarter, topping the 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. During the same quarter last year, the company earned $0.83 EPS. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. Equities analysts anticipate that Hospitality Properites Trust will post $3.85 earnings per share for the current year.

The company also recently declared 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. The ex-dividend date is Wednesday, July 20th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 6.52%.

Other hedge funds have recently made changes to their positions in 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 worth $598,188,000 after buying an additional 776,287 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Hospitality Properites Trust by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,934,581 shares of the real estate investment trust’s stock worth $50,592,000 after buying an additional 28,860 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 worth $30,532,000 after buying an additional 49,861 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 worth $13,384,000 after buying an additional 351,502 shares in the last quarter. Finally, California Public Employees Retirement System increased its stake in shares of 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 worth $11,868,000 after buying an additional 2,000 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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