Hospitality Properties Trust (NASDAQ:HPT) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Thursday.

Several other research analysts have also recently issued reports on HPT. B. Riley increased their price objective on Hospitality Properties Trust from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Monday, August 13th. BidaskClub cut Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, September 12th. Finally, Zacks Investment Research cut Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, October 11th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. Hospitality Properties Trust currently has a consensus rating of “Hold” and a consensus target price of $30.00.

Shares of NASDAQ:HPT opened at $26.18 on Thursday. Hospitality Properties Trust has a 52-week low of $23.83 and a 52-week high of $31.27. The company has a market capitalization of $4.38 billion, a P/E ratio of 7.38, a PEG ratio of 1.33 and a beta of 0.97. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 1.48.

Hospitality Properties Trust (NASDAQ:HPT) last announced its quarterly earnings data on Tuesday, November 6th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.02. Hospitality Properties Trust had a return on equity of 9.32% and a net margin of 14.31%. The company had revenue of $603.20 million for the quarter, compared to analysts’ expectations of $601.94 million. During the same quarter in the prior year, the firm earned $0.52 earnings per share. Hospitality Properties Trust’s revenue was up 4.4% compared to the same quarter last year. As a group, equities research analysts predict that Hospitality Properties Trust will post 4 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC boosted its position in Hospitality Properties Trust by 122.1% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 4,136 shares of the real estate investment trust’s stock valued at $119,000 after acquiring an additional 2,274 shares in the last quarter. Girard Partners LTD. bought a new stake in Hospitality Properties Trust during the 3rd quarter valued at $130,000. Qube Research & Technologies Ltd bought a new stake in Hospitality Properties Trust during the 2nd quarter valued at $133,000. First Hawaiian Bank bought a new stake in Hospitality Properties Trust during the 3rd quarter valued at $137,000. Finally, Robeco Institutional Asset Management B.V. boosted its position in Hospitality Properties Trust by 100.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 5,838 shares of the real estate investment trust’s stock valued at $168,000 after acquiring an additional 2,919 shares in the last quarter. 74.32% of the stock is currently owned by institutional investors and hedge funds.

Hospitality Properties Trust Company Profile

Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, Puerto Rico and Canada. HPT's properties are operated under long term management or lease agreements. HPT is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.

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Analyst Recommendations for Hospitality Properties Trust (NASDAQ:HPT)

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