Weekly Hersha Hospitality Trust (NYSE:HT) Ratings

Lloyd Doyle
April 26, 2018

Hersha Hospitality Trust had 42 analyst reports since July 30, 2015 according to SRatingsIntel. Stifel Nicolaus's target means a potential upside of 2.69 % from the company's previous close.

Other hedge funds also recently bought and sold shares of the company. Zacks Investment Research downgraded shares of Hersha Hospitality Trust from a "hold" rating to a "sell" rating in a report on Friday, March 2nd. Hersha Hospitality Trust (NYSE:HT) has declined 7.31% since April 26, 2017 and is downtrending.

In analysts note revealed to clients on Wednesday, 25 April, The "Hold" rating of Hersha Hospitality (NYSE:HT) shares was kept at Stifel Nicolaus, who now has a $19.5 target price on the stock.

Shares of Hersha Hospitality Trust (NYSE:HT) opened at 18.97 on Friday. On Monday, February 12 the firm earned "Hold" rating by Stifel Nicolaus. They now have a $20.00 price target on the stock.

First Trust Advisors LP now owns 133,125 shares of the real estate investment trust's stock worth $2,501,000 after buying an additional 1,251 shares in the last quarter.

On 11/1/2017 Neil H Shah, Insider, bought 7,044 with an average share price of $17.44 per share and the total transaction amounting to $122,847.36. Hersha Hospitality Trust has a 1-year low of $16.60 and a 1-year high of $19.87. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.31 and a quick ratio of 0.31. The company has market cap of $798.29 million. On Monday, October 30 the stock of Hersha Hospitality Trust (NYSE:HT) has "Buy" rating given by Robert W. Baird. The real estate investment trust reported ($0.36) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.48 by ($0.84).

On 12/19/2016 NYSE:HT - Hersha Hospitality Trust announced a quarterly dividend of $0.28 5.19% with an ex dividend date of 1/3/2017 which will be payable on 1/17/2017. The firm had revenue of $99.64 million during the quarter, compared to analysts' expectations of $102.92 million. equities analysts forecast that Hersha Hospitality Trust will post 1.8 EPS for the current year. BlackRock Inc. now owns 6,637,774 shares of the real estate investment trust's stock valued at $115,498,000 after purchasing an additional 558,297 shares during the last quarter. Stock repurchase programs are usually a sign that the company's management believes its shares are undervalued. The stock rating was maintained by Wells Fargo with "Market Perform" on Friday, October 27. Its down 1.35% from 112.86 million shares previously. The shares were acquired at an average price of $16.84 per share, for a total transaction of $25,007.40. The disclosure for this purchase can be found here.

Several institutional investors have recently modified their holdings of the company. MetLife Investment Advisors LLC owned 0.05% of Hersha Hospitality Trust as of its most recent filing with the Securities and Exchange Commission (SEC). BlackRock Inc. raised its stake in Hersha Hospitality Trust by 9.2% during the 4th quarter. Teachers Advisors LLC now owns 677,812 shares of the real estate investment trust's stock valued at $11,794,000 after purchasing an additional 3,718 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of Hersha Hospitality Trust by 241.9% in the 4th quarter.

The stock decreased 0.72% or $0.03 during the last trading session, reaching $4.13. Wells Fargo & Company MN increased its holdings in shares of Hersha Hospitality Trust by 19.6% in the third quarter. Finally, Dalton Greiner Hartman Maher & Co. increased its holdings in shares of Hersha Hospitality Trust by 3.5% in the fourth quarter. As per Thursday, February 22, the company rating was maintained by Stifel Nicolaus. The Company invests primarily in institutional grade hotels in urban gateway markets, including New York, Washington, District of Columbia, Boston, Philadelphia, South Florida and select markets on the West Coast.

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