Condor Hospitality Trust, Inc. (NASDAQ:CDOR) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Monday.

CDOR has been the topic of a number of other research reports. Robert W. Baird began coverage on shares of Condor Hospitality Trust in a report on Thursday. They set a “neutral” rating and a $11.00 price objective on the stock. KeyCorp began coverage on shares of Condor Hospitality Trust in a report on Friday, May 19th. They set a “sector weight” rating on the stock. DA Davidson set a $12.00 price objective on shares of Condor Hospitality Trust and gave the stock a “buy” rating in a report on Wednesday, May 17th. Finally, Janney Montgomery Scott began coverage on shares of Condor Hospitality Trust in a report on Tuesday, April 25th. They set a “buy” rating and a $12.00 price objective on the stock. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. Condor Hospitality Trust has an average rating of “Hold” and a consensus target price of $11.67.

Condor Hospitality Trust (NASDAQ:CDOR) traded down 1.21% on Monday, hitting $10.62. 11,471 shares of the company traded hands. The stock’s 50-day moving average is $10.33 and its 200 day moving average is $11.87. The firm’s market capitalization is $122.70 million. Condor Hospitality Trust has a 12 month low of $9.94 and a 12 month high of $20.41.

Condor Hospitality Trust (NASDAQ:CDOR) last issued its quarterly earnings results on Monday, May 15th. The financial services provider reported ($4.75) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 forecast that Condor Hospitality Trust will post $1.89 EPS for the current fiscal year.

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A hedge fund recently bought a new stake in Condor Hospitality Trust stock. UBS Oconnor LLC bought a new position in shares of Condor Hospitality Trust, Inc. (NASDAQ:CDOR) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 125,000 shares of the financial services provider’s stock, valued at approximately $1,325,000. UBS Oconnor LLC owned 1.08% of Condor Hospitality Trust as of its most recent SEC filing. Institutional investors own 21.20% of the company’s stock.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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