Hospitality Properites Trust (NYSE:HPT) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.6 by 5 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Stifel Nicolaus, assumes their rating on the shares of Hospitality Properites Trust (NYSE:HPT). Stifel Nicolaus has a Buy rating on the shares. The rating by the firm was issued on March 29, 2016.
Hospitality Properites Trust (NYSE:HPT): 4 analysts have set the short term price target of Hospitality Properites Trust (NYSE:HPT) at $28.5. The standard deviation of short term price target has been estimated at $2.08, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 31 and $26 respectively.
Hospitality Properites Trust (NYSE:HPT) witnessed a decline in the market cap on Tuesday as its shares dropped 0.59% or 0.16 points. After the session commenced at $27.34, the stock reached the higher end at $27.34 while it hit a low of $27.05. With the volume soaring to 898,077 shares, the last trade was called at $27.15. The company has a 52-week high of $29.95037. The company has a market cap of $4,115 million and there are 151,547,290 shares in outstanding. The 52-week low of the share price is $20.69.
Shares of Hospitality Properties Trust rose by 3.27% in the last five trading days and 8.25% for the last 4 weeks. Hospitality Properties Trust is up 8.77% in the last 3-month period. Year-to-Date the stock performance stands at 8.18%.
Hospitality Properties Trust (HPT) is a real estate investment trust (REIT). The Company operates in two segments: hotel real estate investments and travel center real estate investments. The Company owns approximately 291 hotels with 44,107 rooms or suites, and 184 travel centers. The Company does not operate its properties. Instead its properties are operated by other companies under long term management or lease agreements. The Company leased approximately 288 of its hotels are leased to its taxable REIT subsidiaries (TRSs) and managed by independent hotel operating companies and three hotels are leased to third parties. The Company also owns 184 travel centers, all of which it leases to TravelCenters of America LLC or its subsidiaries pursuant to long term leases. The Companys properties are located in 44 states in the United States, Canada and Puerto Rico.