Hospitality Properties Trust (HPT) Upgraded to “Hold” at ValuEngine

ValuEngine upgraded shares of Hospitality Properties Trust (NASDAQ:HPT) from a sell rating to a hold rating in a report released on Wednesday, January 16th.

A number of other analysts have also issued reports on the company. B. Riley reaffirmed a buy rating and issued a $33.00 price target on shares of Hospitality Properties Trust in a research note on Tuesday, November 6th. Zacks Investment Research downgraded Hospitality Properties Trust from a buy rating to a hold rating in a research report on Friday, December 7th. Finally, BidaskClub upgraded Hospitality Properties Trust from a sell rating to a hold rating in a research report on Friday, November 23rd. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $29.83.

Shares of HPT opened at $26.98 on Wednesday. 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 has a 12 month low of $22.47 and a 12 month high of $29.43. The company has a market capitalization of $4.44 billion, a price-to-earnings ratio of 7.56, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 21st. Shareholders of record on Monday, January 28th will be given a $0.53 dividend. The ex-dividend date of this dividend is Friday, January 25th. This represents a $2.12 dividend on an annualized basis and a yield of 7.86%. Hospitality Properties Trust’s dividend payout ratio is currently 59.38%.

A number of large investors have recently bought and sold shares of HPT. We Are One Seven LLC purchased a new stake in shares of Hospitality Properties Trust in the 4th quarter valued at $42,000. KBC Group NV purchased a new stake in shares of Hospitality Properties Trust in the 4th quarter valued at $57,000. Oregon Public Employees Retirement Fund raised its holdings in shares of Hospitality Properties Trust by 2,288.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,555,209 shares of the real estate investment trust’s stock valued at $65,000 after buying an additional 1,490,083 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in shares of Hospitality Properties Trust by 122.1% in 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 buying an additional 2,274 shares during the period. Finally, First Hawaiian Bank raised its holdings in shares of Hospitality Properties Trust by 10.9% in the 4th quarter. First Hawaiian Bank now owns 5,271 shares of the real estate investment trust’s stock valued at $126,000 after buying an additional 520 shares during the period. Institutional investors own 74.56% of the company’s stock.

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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