Hospitality Properties Trust (NASDAQ:HPT) Stock Rating Reaffirmed by Stifel Nicolaus

Hospitality Properties Trust (NASDAQ:HPT)‘s stock had its “buy” rating reissued by research analysts at Stifel Nicolaus in a research note issued on Wednesday, January 3rd. They presently have a $31.00 price objective on the real estate investment trust’s stock. Stifel Nicolaus’ price target indicates a potential upside of 6.24% from the company’s previous close.

Several other brokerages also recently commented on HPT. BidaskClub upgraded shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. B. Riley reiterated a “buy” rating on shares of Hospitality Properties Trust in a report on Wednesday, November 1st. Zacks Investment Research upgraded shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a report on Wednesday, October 11th. Robert W. Baird set a $30.00 price target on shares of Hospitality Properties Trust and gave the stock a “hold” rating in a research note on Tuesday, October 17th. Finally, Wells Fargo & Co cut shares of Hospitality Properties Trust from a “market perform” rating to an “underperform” rating and set a $28.00 price target for the company. in a research note on Tuesday, December 19th. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $31.29.

Hospitality Properties Trust (HPT) traded down $0.16 during mid-day trading on Wednesday, reaching $29.18. 484,090 shares of the company were exchanged, compared to its average volume of 516,106. Hospitality Properties Trust has a 12 month low of $26.64 and a 12 month high of $32.68. The company has a market capitalization of $4,795.70, a P/E ratio of 20.84, a P/E/G ratio of 1.54 and a beta of 1.06. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.44.

Hospitality Properties Trust (NASDAQ:HPT) last announced its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.04 by $0.03. The company had revenue of $577.60 million during the quarter, compared to the consensus estimate of $581.67 million. Hospitality Properties Trust had a net margin of 11.66% and a return on equity of 8.79%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.03 earnings per share. equities research analysts anticipate that Hospitality Properties Trust will post 3.57 earnings per share for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of HPT. Nisa Investment Advisors LLC increased its stake in Hospitality Properties Trust by 13.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 42,080 shares of the real estate investment trust’s stock valued at $1,256,000 after purchasing an additional 5,100 shares in the last quarter. Prudential Financial Inc. increased its stake in Hospitality Properties Trust by 16.2% during the 3rd quarter. Prudential Financial Inc. now owns 2,231,889 shares of the real estate investment trust’s stock valued at $63,587,000 after purchasing an additional 310,945 shares in the last quarter. AXA boosted its holdings in shares of Hospitality Properties Trust by 20.8% in the 3rd quarter. AXA now owns 373,632 shares of the real estate investment trust’s stock valued at $10,645,000 after acquiring an additional 64,311 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Hospitality Properties Trust by 28.7% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 321,314 shares of the real estate investment trust’s stock valued at $9,154,000 after acquiring an additional 71,674 shares during the last quarter. Finally, Moors & Cabot Inc. boosted its holdings in shares of Hospitality Properties Trust by 11.6% in the 3rd quarter. Moors & Cabot Inc. now owns 21,575 shares of the real estate investment trust’s stock valued at $615,000 after acquiring an additional 2,250 shares during the last quarter. Hedge funds and other institutional investors own 75.60% of the company’s stock.

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About Hospitality Properties Trust

Hospitality Properties Trust is a real estate investment trust. The Company’s segments include hotel investments, travel center investments and corporate. As of December 31, 2016, the Company owned 306 hotels with 46,583 rooms or suites, and 198 travel centers. As of December 31, 2016, the Company’s properties were located in 45 states in the United States, Canada and Puerto Rico.

Analyst Recommendations for Hospitality Properties Trust (NASDAQ:HPT)

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