Hospitality Properties Trust (HPT) Given Daily News Impact Score of 0.23

Headlines about Hospitality Properties Trust (NASDAQ:HPT) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hospitality Properties Trust earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 45.1832889285805 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Hospitality Properties Trust (NASDAQ HPT) traded up $0.09 on Monday, reaching $29.27. 646,400 shares of the company’s stock traded hands, compared to its average volume of 612,180. 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 $4,810.00, a PE ratio of 20.91, 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 earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.04 by $0.03. The business 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%. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.03 EPS. research analysts forecast that Hospitality Properties Trust will post 3.57 earnings per share for the current fiscal year.

Several brokerages recently commented on HPT. Wells Fargo & Co downgraded shares of Hospitality Properties Trust from a “market perform” rating to an “underperform” rating and set a $28.00 price objective on the stock. in a research report on Tuesday, December 19th. BidaskClub raised shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Zacks Investment Research raised shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. 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 report on Tuesday, October 17th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $31.00 price objective on shares of Hospitality Properties Trust in a research report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $31.29.

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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.

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