Hersha Hospitality Trust Stock News

PHILADELPHIA, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort desti

Resort travel has been strong this season, but business travel remains weak.

I have been a long-time and long-suffering holder of Hersha Hospitality. An earlier period of owning preferred shares was profitable.

PHILADELPHIA, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort des

PHILADELPHIA, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (Hersha or the Company), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that its Board of Trustees declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the fourth quarter ending December 31, 2021. The preferred share dividends are payable January 18, 2022 to holders of record as of December 31, 2021.

Hersha Hospitality Trust with ticker code (HT) have now 10 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The target price ranges between 21 and 9 with the average target price sitting at 11.3. Given that the stocks previous close was at 8.75 this now indicates there is a potential upside of 29.1%. The day 50 moving average is 9.52 while the 200 day moving average is 10.19. The market capitalisation for the company is $341m. Find out more information at: https://www.hersha.com [stock_market_widget type="chart" symbol="HT" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale and lifestyle hotels in urban gateway markets and resort destinations. The Company''s 49 hotels totaling 7,774 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast.

Royal Bank of Canada reduced its stake in Hersha Hospitality Trust (NYSE:HT) by 11.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,828 shares of the real estate investment trust’s stock after selling 2,560 shares during the […]

Wall Street analysts expect Hersha Hospitality Trust (NYSE:HT) to announce earnings per share (EPS) of $0.07 for the current fiscal quarter, according to Zacks. Six analysts have issued estimates for Hersha Hospitality Trusts earnings, with estimates ranging from ($0.03) to $0.15. Hersha Hospitality Trust posted earnings of ($0.23) per share in the same quarter last []

Hersha Hospitality Trust (NYSE:HT) has been assigned a consensus rating of Hold from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The average 1 year []

Comerica Bank reduced its position in shares of Hersha Hospitality Trust (NYSE:HT) by 7.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 34,224 shares of the real estate investment trust’s stock after selling 2,699 shares during the quarter. Comerica Bank owned approximately 0.09% of […]

Parametric Portfolio Associates LLC increased its holdings in Hersha Hospitality Trust (NYSE:HT) by 9.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 483,298 shares of the real estate investment trusts stock after purchasing an additional 41,074 shares during the quarter. []

Goldman Sachs Group Inc. cut its position in shares of Hersha Hospitality Trust (NYSE:HT) by 9.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 135,934 shares of the real estate investment trusts stock after selling 14,082 shares during the period. Goldman []