Shares of Hospitality Properites Trust (NYSE:HPT) fell 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.

Several research firms have weighed in on HPT. TheStreet raised shares of Hospitality Properites Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, May 10th. Canaccord Genuity reissued a “hold” rating and set a $33.00 target price on shares of Hospitality Properites Trust in a research report on Tuesday. Zacks Investment Research upgraded shares of Hospitality Properites Trust from a “sell” rating to a “hold” rating in a research note on Thursday, August 11th. FBR & Co cut shares of Hospitality Properites Trust from an “outperform” rating to a “market perform” rating and lifted their price objective for the company from $31.00 to $32.00 in a research note on Wednesday, August 10th. They noted that the move was a valuation call. Finally, Wells Fargo & Co. restated a “hold” rating on shares of Hospitality Properites Trust in a research note on Tuesday, May 10th. 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’s stock. Hospitality Properites Trust presently has an average rating of “Hold” and an average price target of $29.50.

The stock has a market capitalization of $4.63 billion and a PE ratio of 35.79. The stock’s 50-day moving average is $30.97 and its 200-day moving average is $26.91.

Hospitality Properites Trust (NYSE:HPT) last announced its quarterly earnings results on Tuesday, August 9th. The real estate investment trust reported $1.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.05 by $0.04. During the same quarter in the prior year, the company earned $0.99 earnings per share. The company earned $550.30 million during the quarter, compared to analysts’ expectations of $544 million. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. On average, equities analysts anticipate that Hospitality Properites Trust will post $3.60 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 18th. Shareholders of record on Friday, July 22nd will be paid a $0.51 dividend. The ex-dividend date of this dividend is Wednesday, July 20th. This represents a $2.04 annualized dividend and a yield of 6.68%.

A number of institutional investors recently made changes to their positions in HPT. Utah Retirement Systems raised 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 valued at $1,149,000 after buying an additional 200 shares in the last quarter. KBC Group NV raised 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 valued at $1,709,000 after buying an additional 1,000 shares in the last quarter. US Bancorp DE raised 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 valued at $1,339,000 after buying an additional 16,743 shares in the last quarter. Dimensional Fund Advisors LP raised its position 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 valued at $50,592,000 after buying an additional 28,860 shares in the last quarter. Finally, Morgan Stanley raised its position 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 valued at $30,532,000 after buying an additional 49,861 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.