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

Several brokerages have recently issued reports on HPT. 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 began coverage on shares of Hospitality Properites Trust in a research report on Tuesday, March 29th. They issued a “buy” rating and a $29.00 target price on the stock. Zacks Investment Research lowered shares of Hospitality Properites Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, July 12th. Canaccord Genuity reiterated a “hold” rating on shares of Hospitality Properites Trust in a research report on Monday, May 16th. Finally, Wells Fargo & Co. reiterated a “hold” rating on shares of Hospitality Properites Trust in a research report on Tuesday, May 10th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $28.33.

The firm has a 50-day moving average price of $28.31 and a 200-day moving average price of $25.86. The firm has a market cap of $4.80 billion and a PE ratio of 30.64.

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

The firm also recently announced 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 annualized dividend and a dividend yield of 6.48%. The ex-dividend date of this dividend is Wednesday, July 20th.

Several hedge funds have made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake 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 during the last quarter. US Bancorp DE boosted its stake in shares of Hospitality Properites Trust by 48.5% in the fourth quarter. US Bancorp DE now owns 51,234 shares of the real estate investment trust’s stock valued at $1,339,000 after buying an additional 16,743 shares during the last quarter. BHF Kleinwort Benson Group S.A. boosted its stake in shares of Hospitality Properites Trust by 141.3% in the fourth quarter. BHF Kleinwort Benson Group S.A. now owns 52,348 shares of the real estate investment trust’s stock valued at $1,369,000 after buying an additional 30,652 shares during the last quarter. Atlantic Trust Group LLC boosted 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 last quarter. Finally, KBC Group NV boosted its stake in shares of Hospitality Properites Trust by 1.6% in the fourth quarter. KBC Group NV now owns 65,370 shares of the real estate investment trust’s stock valued at $1,709,000 after buying an additional 1,000 shares during 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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