Hospitality Properites Trust (NYSE:HPT) saw unusually-strong trading volume on Wednesday . Approximately 1,321,258 shares traded hands during trading, an increase of 9% from the previous session’s volume of 1,211,274 shares.The stock last traded at $30.40 and had previously closed at $30.55.

A number of analysts have issued reports on HPT shares. Zacks Investment Research lowered Hospitality Properites Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, July 12th. TheStreet raised Hospitality Properites Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, May 10th. 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 and issued a $33.00 price target on shares of Hospitality Properites Trust in a research note on Tuesday. Finally, FBR & Co lowered Hospitality Properites Trust from an “outperform” rating to a “market perform” rating and raised their price target for the stock from $31.00 to $32.00 in a research note on Wednesday, August 10th. They noted that the move was a valuation call. 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 company. The stock currently has an average rating of “Hold” and a consensus price target of $29.50.

The firm’s 50-day moving average is $30.97 and its 200-day moving average is $26.91. The stock has a market cap of $4.63 billion and a price-to-earnings ratio of 35.79.

Hospitality Properites Trust (NYSE:HPT) last announced its quarterly earnings data on Tuesday, August 9th. The real estate investment trust reported $1.09 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.05 by $0.04. The firm earned $550.30 million during the quarter, compared to analyst estimates of $544 million. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.99 EPS. On average, equities research analysts anticipate that Hospitality Properites Trust will post $3.60 earnings per share for the current fiscal 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 $0.51 dividend. The ex-dividend date is Wednesday, July 20th. This represents a $2.04 annualized dividend and a dividend yield of 6.68%.

Other large investors recently made changes to their positions in the company. Utah Retirement Systems raised its stake 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. KBC Group NV raised 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. Dimensional Fund Advisors LP raised 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. Stephens Inc. AR raised 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. Finally, US Bancorp DE raised 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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