Hospitality Properites Trust (NYSE:HPT) shares saw unusually-high trading volume on Wednesday . Approximately 1,321,258 shares were traded during mid-day 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.

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

The firm has a 50 day moving average price of $31.04 and a 200-day moving average price of $26.94. The company has a market cap of $4.63 billion and a PE ratio of 35.79.

Hospitality Properites Trust (NYSE:HPT) last issued its earnings results on Tuesday, August 9th. The real estate investment trust reported $1.09 EPS for the quarter, topping the consensus estimate of $1.05 by $0.04. The firm earned $550.30 million during the quarter, compared to analyst estimates of $544 million. During the same quarter in the previous year, the business posted $0.99 EPS. Hospitality Properites Trust’s revenue was up 8.5% compared to the same quarter last year. Equities analysts expect that Hospitality Properites Trust will post $3.57 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, August 18th. Stockholders of record on Friday, July 22nd were given a $0.51 dividend. The ex-dividend date was Wednesday, July 20th. This represents a $2.04 annualized dividend and a dividend yield of 6.66%.

Several hedge funds recently made changes to their positions in HPT. Stephens Inc. AR increased 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 valued at $3,332,000 after buying an additional 92,371 shares during the period. Morgan Stanley increased 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 valued at $30,532,000 after buying an additional 49,861 shares during the period. Dimensional Fund Advisors LP increased 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 valued at $50,592,000 after buying an additional 28,860 shares during the period. US Bancorp DE increased 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 valued at $1,339,000 after buying an additional 16,743 shares during the period. Finally, KBC Group NV increased 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 valued at $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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