Hospitality Properties Trust Announces Dividend of $0.52 (NASDAQ:HPT)

Hospitality Properties Trust (NASDAQ:HPT) declared a dividend on Saturday, January 20th, Fidelity reports. Investors of record on Monday, January 29th will be paid a dividend of 0.52 per share by the real estate investment trust on Monday, February 26th. This represents a yield of 0.0178448867536033%. The ex-dividend date is Friday, January 26th.

Shares of Hospitality Properties Trust (HPT) traded down $0.23 during mid-day trading on Monday, reaching $26.69. 1,016,289 shares of the company traded hands, compared to its average volume of 700,744. The stock has a market capitalization of $4,424.28, a price-to-earnings ratio of 19.06, a price-to-earnings-growth ratio of 1.43 and a beta of 0.93. 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 has a 12 month low of $25.62 and a 12 month high of $32.68.

Several research firms have issued reports on HPT. BidaskClub lowered shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. B. Riley reaffirmed a “buy” rating on shares of Hospitality Properties Trust in a report on Wednesday, November 1st. Wells Fargo & Co lowered shares of Hospitality Properties Trust from a “market perform” rating to an “underperform” rating and set a $28.00 price target on the stock. in a report on Tuesday, December 19th. Zacks Investment Research lowered shares of Hospitality Properties Trust from a “buy” rating to a “sell” rating in a report on Monday, October 23rd. Finally, Robert W. Baird set a $30.00 price target on shares of Hospitality Properties Trust and gave the stock a “hold” rating in a report on Tuesday, October 17th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $31.75.

TRADEMARK VIOLATION WARNING: This piece was posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are viewing this piece on another site, it was illegally copied and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this piece can be read at https://www.thelincolnianonline.com/2018/02/12/hospitality-properties-trust-hpt-declares-dividend-of-0-52-updated-updated-updated.html.

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.

Dividend History for Hospitality Properties Trust (NASDAQ:HPT)

Receive News & Ratings for Hospitality Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hospitality Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply