Hospitality Properites Trust (NYSE:HPT)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $32.11 and last traded at $32.08, with a volume of 197,390 shares traded. The stock had previously closed at $31.91.

A number of equities analysts have recently issued reports on the company. FBR & Co increased their target price on Hospitality Properites Trust from $30.00 to $31.00 and gave the stock an “outperform” rating in a report on Wednesday, May 11th. Zacks Investment Research cut Hospitality Properites Trust from a “hold” rating to a “sell” rating in a report on Tuesday, May 3rd. Canaccord Genuity reissued a “hold” rating on shares of Hospitality Properites Trust in a report on Monday, May 16th. Wells Fargo & Co. reissued a “hold” rating on shares of Hospitality Properites Trust in a report on Tuesday, May 10th. Finally, TheStreet raised Hospitality Properites Trust from a “hold” rating to a “buy” rating in a 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 issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $28.33.

The firm has a market cap of $4.87 billion and a price-to-earnings ratio of 31.08. The company has a 50 day moving average price of $29.23 and a 200-day moving average price of $26.12.

Hospitality Properites Trust (NYSE:HPT) last posted its quarterly earnings results 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. During the same quarter in the previous year, the business posted $0.83 EPS. The business had revenue of $474.10 million for the quarter, compared to the consensus estimate of $476.94 million. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. Equities research analysts anticipate 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. 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 6.35%. The ex-dividend date is Wednesday, July 20th.

Several large investors have recently modified their holdings of HPT. Vanguard Group Inc. boosted 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. Stephens Inc. AR boosted 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 in the last quarter. Morgan Stanley boosted 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. 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 worth $1,369,000 after buying an additional 30,652 shares in the last quarter. Finally, State of Tennessee Treasury Department boosted its stake in shares of Hospitality Properites Trust by 29.4% in the fourth quarter. State of Tennessee Treasury Department now owns 131,900 shares of the real estate investment trust’s stock worth $3,449,000 after buying an additional 30,000 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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