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

Several brokerages have recently weighed in on HPT. FBR & Co boosted 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 restated a “hold” rating on shares of Hospitality Properites Trust in a report on Monday, May 16th. Wells Fargo & Co. restated a “hold” rating on shares of Hospitality Properites Trust in a report on Tuesday, May 10th. Finally, TheStreet upgraded Hospitality Properites Trust from a “hold” rating to a “buy” rating in a report on Tuesday, May 10th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $28.33.

The company’s 50-day moving average price is $30.28 and its 200-day moving average price is $26.58. The firm has a market cap of $4.79 billion and a PE ratio of 30.56.

Hospitality Properites Trust (NYSE:HPT) last issued its earnings results on Tuesday, August 9th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.05 by $0.04. The company earned $550.30 million during the quarter, compared to analysts’ expectations of $544 million. During the same period last year, the business posted $0.99 earnings per share. The company’s quarterly revenue was up 8.5% on a year-over-year basis. On average, equities analysts anticipate that Hospitality Properites Trust will post $3.85 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 18th. Shareholders of record on Friday, July 22nd will be issued 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 6.40%.

Several hedge funds and institutional investors have modified their holdings of the company. 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 worth $1,149,000 after buying an additional 200 shares during the period. 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 worth $1,149,000 after buying an additional 206 shares during the period. 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 during the period. Atlantic Trust Group LLC boosted its position 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 worth $1,458,000 after buying an additional 4,635 shares during the period. Finally, KBC Group NV boosted its position 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 worth $1,709,000 after buying an additional 1,000 shares during the period.

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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