Condor Hospitality Trust, Inc. (NYSEAMERICAN:CDOR) declared a quarterly dividend on Wednesday, December 20th, Wall Street Journal reports. Stockholders of record on Tuesday, January 2nd will be paid a dividend of 0.195 per share by the financial services provider on Wednesday, January 10th. This represents a $0.78 annualized dividend and a dividend yield of 7.72%. The ex-dividend date of this dividend is Friday, December 29th.

Shares of Condor Hospitality Trust (CDOR) opened at $10.10 on Thursday. Condor Hospitality Trust has a 1 year low of $8.13 and a 1 year high of $15.47. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.74.

A hedge fund recently raised its stake in Condor Hospitality Trust stock. Vanguard Group Inc. grew its holdings in shares of Condor Hospitality Trust, Inc. (NYSEAMERICAN:CDOR) by 30.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,092 shares of the financial services provider’s stock after purchasing an additional 3,039 shares during the period. Vanguard Group Inc. owned approximately 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 institutional investors and hedge funds.

Several analysts have issued reports on CDOR shares. FBR & Co started coverage on shares of Condor Hospitality Trust in a research report on Wednesday, September 13th. They issued a “buy” rating and a $12.00 price objective for the company. Zacks Investment Research downgraded shares of Condor Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Friday, November 10th. Finally, Robert W. Baird set a $11.00 price objective on shares of Condor Hospitality Trust and gave the company a “hold” rating in a research report on Sunday, October 29th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $11.60.

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About Condor Hospitality Trust

Dividend History for Condor Hospitality Trust (NYSEAMERICAN:CDOR)

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