Hospitality Properties Trust (HPT) Earns “Buy” Rating from Stifel Nicolaus

Stifel Nicolaus restated their buy rating on shares of Hospitality Properties Trust (NASDAQ:HPT) in a report issued on Wednesday. They currently have a $31.00 price target on the real estate investment trust’s stock.

HPT has been the subject of a number of other reports. BidaskClub lowered shares of Hospitality Properties Trust from a hold rating to a sell rating in a research note on Tuesday, October 10th. Zacks Investment Research lowered shares of Hospitality Properties Trust from a buy rating to a sell rating in a research note on Monday, October 23rd. B. Riley reiterated a buy rating on shares of Hospitality Properties Trust in a research note on Wednesday, November 1st. Robert W. Baird set a $30.00 price objective on shares of Hospitality Properties Trust and gave the company a hold rating in a research note on Tuesday, October 17th. Finally, Wells Fargo & Co lowered shares of Hospitality Properties Trust from a market perform rating to an underperform rating and set a $28.00 price objective for the company. in a research note on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. Hospitality Properties Trust presently has a consensus rating of Hold and an average target price of $31.29.

Shares of Hospitality Properties Trust (NASDAQ HPT) opened at $29.18 on Wednesday. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.44. The company has a market cap of $4,802.28, a P/E ratio of 20.84, a P/E/G ratio of 1.54 and a beta of 1.06. Hospitality Properties Trust has a 1-year low of $26.64 and a 1-year high of $32.68.

Hospitality Properties Trust (NASDAQ:HPT) last posted its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. The company had revenue of $577.60 million for the quarter, compared to analysts’ expectations of $581.67 million. Hospitality Properties Trust had a net margin of 11.66% and a return on equity of 8.79%. Hospitality Properties Trust’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.03 EPS. analysts expect that Hospitality Properties Trust will post 3.57 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the stock. Kemper Corp Master Retirement Trust grew its position in shares of Hospitality Properties Trust by 0.5% during the 2nd quarter. Kemper Corp Master Retirement Trust now owns 4,925 shares of the real estate investment trust’s stock valued at $144,000 after purchasing an additional 25 shares in the last quarter. State of Wisconsin Investment Board grew its position in shares of Hospitality Properties Trust by 0.9% during the 2nd quarter. State of Wisconsin Investment Board now owns 32,351 shares of the real estate investment trust’s stock valued at $943,000 after purchasing an additional 300 shares in the last quarter. IHT Wealth Management LLC grew its position in shares of Hospitality Properties Trust by 27.0% during the 2nd quarter. IHT Wealth Management LLC now owns 2,350 shares of the real estate investment trust’s stock valued at $332,000 after purchasing an additional 500 shares in the last quarter. Quantbot Technologies LP grew its position in shares of Hospitality Properties Trust by 8.4% during the 2nd quarter. Quantbot Technologies LP now owns 6,827 shares of the real estate investment trust’s stock valued at $199,000 after purchasing an additional 527 shares in the last quarter. Finally, Neuberger Berman Group LLC grew its position in shares of Hospitality Properties Trust by 5.6% during the 2nd quarter. Neuberger Berman Group LLC now owns 10,812 shares of the real estate investment trust’s stock valued at $315,000 after purchasing an additional 571 shares in the last quarter. Institutional investors and hedge funds 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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