Condor Hospitality Trust, Inc. (NASDAQ:CDOR) is scheduled to be posting its quarterly earnings results on Monday, November 6th. Analysts expect Condor Hospitality Trust to post earnings of $0.13 per share for the quarter.

Shares of Condor Hospitality Trust, Inc. (NASDAQ:CDOR) opened at 10.39 on Monday. Condor Hospitality Trust, Inc. has a 12-month low of $8.13 and a 12-month high of $15.47. The firm’s market cap is $120.84 million. The company has a 50 day moving average price of $10.29 and a 200 day moving average price of $10.46.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 9th. Investors of record on Monday, October 2nd were given a dividend of $0.195 per share. The ex-dividend date of this dividend was Friday, September 29th. This represents a $0.78 annualized dividend and a dividend yield of 7.51%. Condor Hospitality Trust’s dividend payout ratio is currently -8.22%.

In other Condor Hospitality Trust news, CEO J William Blackham III purchased 5,000 shares of the business’s stock in a transaction on Friday, August 11th. The stock was bought at an average cost of $10.49 per share, for a total transaction of $52,450.00. Following the acquisition, the chief executive officer now owns 181,385 shares of the company’s stock, valued at approximately $1,902,728.65. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 44.20% of the company’s stock.

A hedge fund recently raised its stake in Condor Hospitality Trust stock. Vanguard Group Inc. raised its holdings in Condor Hospitality Trust, Inc. (NASDAQ:CDOR) by 30.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 13,092 shares of the financial services provider’s stock after acquiring an additional 3,039 shares during the period. Vanguard Group Inc. owned 0.11% of Condor Hospitality Trust worth $140,000 at the end of the most recent reporting period. 21.20% of the stock is currently owned by hedge funds and other institutional investors.

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Several brokerages recently issued reports on CDOR. Robert W. Baird set a $11.00 price objective on Condor Hospitality Trust and gave the stock a “hold” rating in a research report on Sunday. Zacks Investment Research upgraded Condor Hospitality Trust from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research report on Tuesday, October 10th. FBR & Co began coverage on Condor Hospitality Trust in a research report on Wednesday, September 13th. They set a “buy” rating and a $12.00 price objective for the company. Finally, ValuEngine downgraded Condor Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. Condor Hospitality Trust has a consensus rating of “Hold” and a consensus target price of $11.60.

About Condor Hospitality Trust

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