Hospitality Properites Trust (NYSE:HPT)’s share price hit 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 trading hands. The stock had previously closed at $31.81.

Several equities analysts recently commented on HPT shares. FBR & Co increased their price objective on shares of Hospitality Properites Trust from $30.00 to $31.00 and gave the company an “outperform” rating in a research note on Wednesday, May 11th. Zacks Investment Research downgraded shares of Hospitality Properites Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, May 3rd. Wells Fargo & Co. reissued a “hold” rating on shares of Hospitality Properites Trust in a research note on Tuesday, May 10th. Canaccord Genuity reissued a “hold” rating on shares of Hospitality Properites Trust in a research note on Monday, May 16th. Finally, Stifel Nicolaus started coverage on shares of Hospitality Properites Trust in a research note on Tuesday, March 29th. They issued a “buy” rating and a $29.00 price objective for the company. 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. The stock currently has a consensus rating of “Hold” and a consensus target price of $28.33.

The stock’s 50-day moving average is $28.79 and its 200 day moving average is $25.99. The firm has a market capitalization of $4.79 billion and a PE ratio of 30.59.

Hospitality Properites Trust (NYSE:HPT) last posted its 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 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 business earned $0.83 EPS. Hospitality Properites Trust’s revenue for the quarter was up 8.9% on a year-over-year basis. On average, equities analysts predict that Hospitality Properites Trust will post $3.85 earnings per share for the current year.

The company also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, July 20th. This represents a $2.04 annualized dividend and a yield of 6.45%.

A number of institutional investors have recently modified their holdings of HPT. Utah Retirement Systems boosted its position in shares of Hospitality Properites Trust by 0.5% in the fourth quarter. Utah Retirement Systems now owns 43,959 shares of the real estate investment trust’s stock valued at $1,149,000 after buying an additional 200 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted 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 boosted 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. boosted 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. Finally, Mutual of America Capital Management LLC boosted 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.

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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