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Hospitality Properites Trust (HPT) [hlAlert]

down 6.70 %

Hospitality Properites Trust (HPT) rated Outperform by Wells Fargo

Posted on: Tuesday,  Mar 11, 2014  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Hospitality Properites Trust (NYSE: HPT) on 03/11/2014, when the stock price was $27.88. Since
then, Hospitality Properites Trust has lost 6.71% as of 01/13/2016's recent price of $26.01.
If you would have followed this Wells Fargo's recommendation on HPT, you would have lost 6.7% of your investment in 673 days.

Hospitality Properties Trust (HPT) is a real estate investment trust (REIT). As of December 31, 2008, HPT, directly and through subsidiaries, owned 289 hotels and 185 travel centers. Its properties are located in 44 states in the United States, Canada, and Puerto Rico. During the year ended December 31, 2008, its hotels are operated as Courtyard by Marriott, Candlewood Suites, Staybridge Suites, Residence Inn by Marriott, Crowne Plaza Hotels & Resorts, Hyatt Place, AmeriSuites, InterContinental Hotels & Resorts, Marriott Hotels and Resorts, Radisson Hotels & Resorts, TownePlace Suites by Marriott, Country Inns & Suites by Carlson, Holiday Inn Hotels & Resorts, and SpringHill Suites by Marriott, or Park Plaza Hotels & Resorts. On February 5, 2008, the Company sold its Park Plaza hotel. On June 18, 2008, HPT sold its AmeriSuites hotel. On December 18, 2008, HPT sold its Amerisuites hotel.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/11/2014 8:25 AM Buy
as of 10/17/2014
1 Week up  2.95 %
1 Month down  -3.94 %
3 Months down  -9.38 %
1 YTD down  -1.25 %

(*) Stock Price at the time of the recommendation.
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