Crow Point Partners LLC Continues to Hold Position in Condor Hospitality Trust, Inc. (CDOR)

Crow Point Partners LLC maintained its position in Condor Hospitality Trust, Inc. (NASDAQ:CDOR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 475,000 shares of the financial services provider’s stock at the end of the second quarter. Condor Hospitality Trust makes up 0.8% of Crow Point Partners LLC’s portfolio, making the stock its 29th largest position. Crow Point Partners LLC owned approximately 4.11% of Condor Hospitality Trust worth $5,011,000 as of its most recent filing with the SEC.

Separately, UBS Oconnor LLC purchased a new position in Condor Hospitality Trust during the first quarter worth approximately $1,325,000. 21.20% of the stock is owned by institutional investors.

Condor Hospitality Trust, Inc. (NASDAQ:CDOR) opened at 10.50 on Friday. Condor Hospitality Trust, Inc. has a 12-month low of $10.00 and a 12-month high of $20.52. The stock’s market capitalization is $121.32 million. The stock’s 50 day moving average is $10.66 and its 200 day moving average is $11.38.

Condor Hospitality Trust (NASDAQ:CDOR) last announced its quarterly earnings results on Monday, May 15th. The financial services provider reported ($4.75) earnings per share for the quarter, missing the consensus estimate of $0.60 by $5.35. Condor Hospitality Trust had a return on equity of 43.55% and a net margin of 27.30%. Equities analysts predict that Condor Hospitality Trust, Inc. will post $1.89 earnings per share for the current fiscal year.

WARNING: This article was originally reported by Community Financial News and is the property of of Community Financial News. If you are viewing this article on another site, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The legal version of this article can be read at https://www.com-unik.info/2017/08/12/condor-hospitality-trust-inc-cdor-stake-maintained-by-crow-point-partners-llc-updated-updated-updated.html.

A number of research analysts have recently issued reports on the company. Janney Montgomery Scott assumed coverage on Condor Hospitality Trust in a research note on Tuesday, April 25th. They set a “buy” rating and a $12.00 price objective on the stock. KeyCorp assumed coverage on Condor Hospitality Trust in a research note on Friday, May 19th. They set a “sector weight” rating on the stock. ValuEngine raised Condor Hospitality Trust from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. DA Davidson set a $12.00 target price on shares of Condor Hospitality Trust and gave the stock a “buy” rating in a report on Wednesday, May 17th. Finally, Robert W. Baird began coverage on shares of Condor Hospitality Trust in a report on Thursday, July 13th. They issued a “neutral” rating and a $11.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $11.75.

Condor Hospitality Trust Company Profile

Institutional Ownership by Quarter for Condor Hospitality Trust (NASDAQ:CDOR)

What are top analysts saying about Condor Hospitality Trust Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Condor Hospitality Trust Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit