Heavy Trading On Hospitality Properties (HPT) Before Market Open

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Hospitality Properties ( HPT) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Hospitality Properties as such a stock due to the following factors:

  • HPT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $23.1 million.
  • HPT traded 92,031 shares today in the pre-market hours as of 7:46 AM, representing 11% of its average daily volume.

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More details on HPT:

Hospitality Properties Trust, a real estate investment trust (REIT), engages in buying, owning, and leasing hotels. The stock currently has a dividend yield of 6.4%. HPT has a PE ratio of 36.3. Currently there are no analysts that rate Hospitality Properties a buy, no analysts rate it a sell, and 4 rate it a hold.

The average volume for Hospitality Properties has been 718,000 shares per day over the past 30 days. has a market cap of $4.2 billion and is part of the financial sector and real estate industry. The stock has a beta of 1.36 and a short float of 3% with 4.42 days to cover. Shares are up 27.2% year to date as of the close of trading on Tuesday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Hospitality Properties as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

Highlights from the ratings report include:
  • The revenue growth came in higher than the industry average of 8.8%. Since the same quarter one year prior, revenues rose by 20.1%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • Compared to where it was 12 months ago, this stock has enjoyed a nice rise of 27.07% which was in line with the performance of the S&P 500 Index. Regarding the stock's future course, although almost any stock can fall in a broad market decline, HPT should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • Net operating cash flow has slightly increased to $126.70 million or 6.11% when compared to the same quarter last year. In addition, HOSPITALITY PROPERTIES TRUST has also vastly surpassed the industry average cash flow growth rate of -81.13%.
  • The net income growth from the same quarter one year ago has exceeded that of the S&P 500, but is less than that of the Real Estate Investment Trusts (REITs) industry average. The net income increased by 20.3% when compared to the same quarter one year prior, going from $37.69 million to $45.35 million.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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