Campbell Capital Management Inc. Invests $606,000 in Condor Hospitality Trust, Inc. (NYSEAMERICAN:CDOR)

Campbell Capital Management Inc. purchased a new position in Condor Hospitality Trust, Inc. (NYSEAMERICAN:CDOR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 141,506 shares of the financial services provider’s stock, valued at approximately $606,000. Campbell Capital Management Inc. owned about 1.18% of Condor Hospitality Trust at the end of the most recent reporting period.

Separately, Commonwealth Equity Services LLC grew its position in Condor Hospitality Trust by 6.9% in the second quarter. Commonwealth Equity Services LLC now owns 47,550 shares of the financial services provider’s stock worth $194,000 after acquiring an additional 3,050 shares in the last quarter. 24.61% of the stock is currently owned by institutional investors.

Shares of Condor Hospitality Trust stock traded up $0.10 during mid-day trading on Wednesday, hitting $4.38. The stock had a trading volume of 14,542 shares, compared to its average volume of 30,443. The firm’s 50-day simple moving average is $3.53. Condor Hospitality Trust, Inc. has a 12-month low of $2.17 and a 12-month high of $11.10. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 2.52. The company has a market cap of $52.63 million, a price-to-earnings ratio of -3.08 and a beta of 2.46.

Condor Hospitality Trust (NYSEAMERICAN:CDOR) last posted its quarterly earnings data on Sunday, November 15th. The financial services provider reported ($0.42) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.46) by $0.04. Condor Hospitality Trust had a negative net margin of 38.48% and a negative return on equity of 20.04%. On average, equities research analysts anticipate that Condor Hospitality Trust, Inc. will post -0.31 earnings per share for the current year.

Separately, Zacks Investment Research raised shares of Condor Hospitality Trust from a “sell” rating to a “hold” rating in a research note on Monday, January 4th.

About Condor Hospitality Trust

Condor Hospitality Trust, Inc (NYSE American: CDOR) is a self-administered real estate investment trust that specializes in the investment and ownership of upper midscale and upscale, premium-branded, select-service, extended-stay, and limited-service hotels in the top 100 Metropolitan Statistical Areas (ÂMSAsÂ) with a particular focus on the top 20 to 60 MSAs.

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