Hospitality Properites Trust (NYSE:HPT)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $32.10 and last traded at $31.86, with a volume of 244,742 shares. The stock had previously closed at $31.81.

Several equities analysts recently commented on HPT shares. TheStreet upgraded Hospitality Properites Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, May 10th. Stifel Nicolaus started coverage on Hospitality Properites Trust in a research note on Tuesday, March 29th. They set a “buy” rating and a $29.00 price target 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 target on Hospitality Properites Trust from $30.00 to $31.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 11th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. Hospitality Properites Trust has a consensus rating of “Hold” and a consensus target price of $28.33.

The company has a market capitalization of $4.82 billion and a P/E ratio of 30.75. The firm’s 50 day moving average price is $28.47 and its 200-day moving average price is $25.90.

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

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 18th. Shareholders of record on Friday, July 22nd will be paid a $0.51 dividend. The ex-dividend date is Wednesday, July 20th. This represents a $2.04 dividend on an annualized basis and a yield of 6.41%.

A number of large investors have modified their holdings of HPT. Vanguard Group Inc. raised 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 during the last quarter. Stephens Inc. AR raised 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 worth $3,332,000 after buying an additional 92,371 shares during the last quarter. Morgan Stanley raised 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 during the last quarter. Liberty Mutual Group Asset Management Inc. raised 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 worth $2,553,000 after buying an additional 33,127 shares during the last quarter. Finally, BHF Kleinwort Benson Group S.A. raised 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 worth $1,369,000 after buying an additional 30,652 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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