Thomson Horstmann & Bryant Inc. increased its stake in shares of Condor Hospitality Trust, Inc. (NASDAQ:CDOR) by 32.4% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 463,239 shares of the financial services provider’s stock after buying an additional 113,239 shares during the period. Thomson Horstmann & Bryant Inc. owned 4.01% of Condor Hospitality Trust worth $4,956,000 at the end of the most recent reporting period.
Separately, Dubuque Bank & Trust Co. acquired a new position in shares of Condor Hospitality Trust during the second quarter worth about $887,000. 21.20% of the stock is currently owned by institutional investors.
Shares of Condor Hospitality Trust, Inc. (CDOR) opened at 10.50 on Friday. The company has a 50-day moving average of $10.66 and a 200-day moving average of $11.38. The stock’s market capitalization is $121.32 million. Condor Hospitality Trust, Inc. has a 12-month low of $10.00 and a 12-month high of $20.52.
Condor Hospitality Trust (NASDAQ:CDOR) last released its earnings results on Monday, May 15th. The financial services provider reported ($4.75) earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by $5.35. Condor Hospitality Trust had a net margin of 27.30% and a return on equity of 43.55%. Equities analysts expect that Condor Hospitality Trust, Inc. will post $1.89 earnings per share for the current fiscal year.
A number of brokerages have issued reports on CDOR. Zacks Investment Research upgraded shares of Condor Hospitality Trust from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research report on Thursday. ValuEngine downgraded shares of Condor Hospitality Trust from a “hold” rating to a “sell” rating in a report on Monday, July 17th. Robert W. Baird initiated coverage on shares of Condor Hospitality Trust in a report on Thursday, July 13th. They set a “neutral” rating and a $11.00 price target for the company. KeyCorp initiated coverage on shares of Condor Hospitality Trust in a report on Friday, May 19th. They set a “sector weight” rating for the company. Finally, DA Davidson set a $12.00 price target on shares of Condor Hospitality Trust and gave the stock a “buy” rating in a report on Wednesday, May 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $11.75.
Condor Hospitality Trust Company Profile
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.