Economy

The Contrasting Apple Hospitality REIT (APLE) & Hersha Hospitality Trust (HT)

Stock research analysts at FBR Capital now has a $20 PT on Hersha Hospitality (NYSE:HT). The firm presently has a "buy" rating on the real estate investment trust's stock.

Other research analysts have also issued research reports about the company. Given Hersha Hospitality Trust's stronger consensus rating and higher possible upside, research analysts clearly believe Hersha Hospitality Trust is more favorable than Apple Hospitality REIT.

Hersha Hospitality Trust pays an annual dividend of $1.12 per share and has a dividend yield of 6.1%.

Hersha Hospitality Trust has a beta of 1.38, indicating that its stock price is 38% more volatile than the S&P 500. Over the past 2 quarters, Hersha Hospitality Trust (NYSE:HT) is down -8.35%, compared with a fall of almost -4.08% for 3 months and about -4.33% for the past 30 days. Hersha Hospitality Trust is trading at a lower price-to-earnings ratio than Apple Hospitality REIT, indicating that it is now the more affordable of the two stocks. Hersha Hospitality Trust has a 52 week low of $16.80 and a 52 week high of $22.14. The firm's 50-day moving average price is $18.38 and its 200-day moving average price is $18.92. The stock has "Buy" rating by Brean Capital on Monday, May 1. Hersha Hospitality Trust (NYSE:HT) has risen 8.90% since August 28, 2016 and is uptrending.

03/03/2014 - Hersha Hospitality Trust was upgraded to "hold" by analysts at Thomson Reuters/Verus. Hersha Hospitality Trust had a net margin of 22.77% and a return on equity of 14.78%. The business had revenue of $138 million during the quarter, compared to the consensus estimate of $134.55 million. During the same period in the prior year, the company posted $0.89 EPS. The business's revenue for the quarter was up 8.1% compared to the same quarter a year ago.

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12/21/2016 - Hersha Hospitality Trust had its "hold" rating reiterated by analysts at Canaccord Genuity.

COPYRIGHT VIOLATION NOTICE: This piece was published by Week Herald and is the sole property of of Week Herald. If you are accessing this piece on another website, it was illegally stolen and republished in violation of USA and global trademark and copyright law. They now have a Dollars 20 price target on the stock. The company's stock has a normal trading capacity of 297.06K shares while the relative volume is 1.90. The stock was purchased at an average cost of $18.00 per share, with a total value of $25,200.00. Corporate insiders own 8.10% of the company's stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

A number of hedge funds have recently added to or reduced their stakes in HT. Vanguard Group Inc. raised its stake in shares of Hersha Hospitality Trust by 8.7% in the first quarter. Pinebridge Investments L.P. now owns 5,503 shares of the real estate investment trust's stock worth $101,000 after buying an additional 54 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in Hersha Hospitality Trust by 0.9% in the first quarter. Vanguard Group Inc. now owns 7,032,015 shares of the real estate investment trust's stock valued at $132,132,000 after buying an additional 561,377 shares in the last quarter.

11/08/2013 - Hersha Hospitality Trust was downgraded to "hold" by analysts at TheStreet. Nuveen Asset Management LLC now owns 566,490 shares of the real estate investment trust's stock valued at $10,644,000 after buying an additional 411,508 shares in the last quarter. State Street Corp raised its stake in shares of Hersha Hospitality Trust by 9.8% in the second quarter. Northern Trust Corp now owns 828,119 shares of the real estate investment trust's stock valued at $15,328,000 after buying an additional 16,944 shares during the period. Comerica Bank bought a new stake in Hersha Hospitality Trust during the first quarter worth about $881,000. Asset Management One Co. 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 during the last quarter.



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