Hospitality Properites Trust (NYSE:HPT) dropped 3.9% on Tuesday . The stock traded as low as $30.40 and last traded at $30.65, with a volume of 7,659,771 shares traded. The stock had previously closed at $31.90.

HPT has been the topic of several analyst reports. Zacks Investment Research downgraded Hospitality Properites Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, May 3rd. Wells Fargo & Co. reaffirmed a “hold” rating on shares of Hospitality Properites Trust in a research report on Tuesday, May 10th. FBR & Co increased their price target on Hospitality Properites Trust from $30.00 to $31.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 11th. TheStreet raised Hospitality Properites Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, May 10th. Finally, Canaccord Genuity reaffirmed a “hold” rating on shares of Hospitality Properites Trust in a research report on Monday, May 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $29.50.

The firm has a market cap of $4.63 billion and a PE ratio of 35.81. The company’s 50 day moving average price is $30.78 and its 200-day moving average price is $26.84.

Hospitality Properites Trust (NYSE:HPT) last announced its quarterly earnings results on Tuesday, August 9th. The real estate investment trust reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.04. During the same period last year, the firm earned $0.99 earnings per share. The company earned $550.30 million during the quarter, compared to analysts’ expectations of $544 million. Hospitality Properites Trust’s revenue was up 8.5% on a year-over-year basis. On average, equities analysts predict that Hospitality Properites Trust will post $3.73 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 18th. Investors of record on Friday, July 22nd will be given 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 6.68%.

A number of large investors recently made changes to their positions in HPT. Dimensional Fund Advisors LP boosted its stake in shares of Hospitality Properites Trust by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,934,581 shares of the real estate investment trust’s stock worth $50,592,000 after buying an additional 28,860 shares during the period. 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 during the period. 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 during the period. KBC Group NV boosted its stake 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. Finally, US Bancorp DE boosted its stake 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.

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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