Condor Hospitality Trust, Inc. (CDOR) Given a $11.00 Price Target by Robert W. Baird Analysts
Condor Hospitality Trust, Inc. (NASDAQ:CDOR) has been given a $11.00 price target by Robert W. Baird in a report issued on Sunday. The firm presently has a “hold” rating on the financial services provider’s stock. Robert W. Baird’s target price points to a potential upside of 8.03% from the stock’s current price.
Other equities analysts have also issued research reports about the company. Zacks Investment Research raised Condor Hospitality Trust from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a report on Thursday, August 10th. ValuEngine lowered Condor Hospitality Trust from a “hold” rating to a “sell” rating in a report on Monday, July 17th. Finally, FBR & Co assumed coverage on Condor Hospitality Trust in a report on Wednesday, September 13th. They issued a “buy” rating and a $12.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $11.60.
Condor Hospitality Trust (NASDAQ CDOR) opened at 10.1825 on Friday. The company’s 50-day moving average price is $10.28 and its 200 day moving average price is $10.46. The stock’s market capitalization is $118.42 million. Condor Hospitality Trust has a 52 week low of $8.13 and a 52 week high of $15.47.
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In other news, CEO J William Blackham III acquired 5,000 shares of the company’s stock in a transaction on Friday, August 11th. The shares were bought at an average price of $10.49 per share, with a total value of $52,450.00. Following the completion of the acquisition, the chief executive officer now owns 181,385 shares in the company, valued at approximately $1,902,728.65. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 44.20% of the company’s stock.
Hedge funds have recently modified their holdings of the business. Uniplan Investment Counsel Inc. purchased a new position in shares of Condor Hospitality Trust during the second quarter worth about $5,192,000. Dubuque Bank & Trust Co. purchased a new position in shares of Condor Hospitality Trust during the second quarter worth about $887,000. Thomson Horstmann & Bryant Inc. grew its holdings in shares of Condor Hospitality Trust by 32.4% during the second quarter. Thomson Horstmann & Bryant Inc. now owns 463,239 shares of the financial services provider’s stock worth $4,956,000 after purchasing an additional 113,239 shares during the last quarter. Mesirow Financial Investment Management Inc. purchased a new position in shares of Condor Hospitality Trust during the second quarter worth about $315,000. Finally, Northpointe Capital LLC grew its holdings in shares of Condor Hospitality Trust by 5.2% during the third quarter. Northpointe Capital LLC now owns 387,039 shares of the financial services provider’s stock worth $4,045,000 after purchasing an additional 19,050 shares during the last quarter. 21.20% of the stock is currently owned by institutional investors.
Condor Hospitality Trust Company Profile
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