Shares of Hospitality Properites Trust (NYSE:HPT) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $32.32 and last traded at $32.11, with a volume of 191,778 shares trading hands. The stock had previously closed at $32.10.

Several analysts have issued reports on the company. FBR & Co boosted their target price on 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 lowered Hospitality Properites Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, May 3rd. Canaccord Genuity restated a “hold” rating on shares of Hospitality Properites Trust in a research note on Monday, May 16th. Wells Fargo & Co. restated a “hold” rating on shares of Hospitality Properites Trust in a research note on Tuesday, May 10th. Finally, TheStreet upgraded Hospitality Properites Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, May 10th. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. Hospitality Properites Trust presently has a consensus rating of “Hold” and a consensus price target of $28.33.

The stock’s 50 day moving average price is $30.01 and its 200-day moving average price is $26.38. The company has a market cap of $4.86 billion and a P/E ratio of 31.01.

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 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 dividend yield of 6.36%.

Other institutional investors have recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in 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 worth $1,149,000 after buying an additional 206 shares during the period. Mutual of America Capital Management LLC increased its position in 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 worth $2,661,000 after buying an additional 635 shares during the period. Morgan Stanley increased its position in 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 period. Atlantic Trust Group LLC increased its position in 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 worth $1,458,000 after buying an additional 4,635 shares during the period. Finally, US Bancorp DE boosted its position 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 worth $1,339,000 after buying an additional 16,743 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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