Hersha Hospitality Trust (HT) 16.94 $HT
Hersha Hospitality Trust to Report Second Quarter 2016 Earnings on July 27, 2016
BusinessWire - Mon Jun 06, 7:00AM CDT
Hersha Hospitality Trust (NYSE: HT) ("Hersha", the "Company"
, owner of upscale hotels in urban gateway markets, announced that the Company will release its financial results for the second quarter 2016 after the market close on Wednesday, July 27, 2016. The Company will host a conference call to discuss these results at 9:00 a.m. Eastern Time on Thursday, July 28, 2016. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer.
HT: 16.94 (-1.07)
Hersha Hospitality Trust Announces Quarterly Dividend
BusinessWire - Fri May 27, 3:05PM CDT
Hersha Hospitality Trust (NYSE: HT) ("Hersha" or the "Company", owner of upscale hotels in urban gateway markets, today announced that its Board of Trustees declared a cash dividend of $0.4297 per Series C Preferred Share for the second quarter ending June 30, 2016. The preferred share dividend is payable July 15, 2016 to holders of record as of July 1, 2016.
HT: 16.94 (-1.07)
Hersha Hospitality Trust Prices Public Offering of 6.50% Series D Preferred Shares
BusinessWire - Tue May 24, 3:15PM CDT
Hersha Hospitality Trust, a Maryland real estate investment trust ("Hersha", today announced that it has priced a public offering of 7,000,000 shares of its 6.50% Series D cumulative redeemable preferred shares of beneficial interest, par value $.01 per share ($25.00 liquidation preference per share), for gross proceeds of $175,000,000. Hersha has granted the underwriters of the offering a 30-day option to purchase 1,050,000 additional Series D preferred shares. The offering is expected to close on May 31, 2016, subject to customary closing conditions. Hersha intends to use a portion of the net proceeds of the offering for the redemption of all of Hersha's outstanding 8.00% Series B cumulative redeemable preferred shares of beneficial interest, par value $.01 per share ($25.00 liquidation preference per share) and the remainder for general corporate purposes, including future acquisitions.
WFC: 45.71 (-2.20), HT: 16.94 (-1.07)
Downgrade Alert for Hersha Hospitality Trust (HT)
Comtex SmarTrend(R) - Fri May 20, 3:16AM CDT
Hersha Hospitality Trust (AMEX:HT) was downgraded from Buy to Neutral at BofA/Merrill today. The stock closed yesterday at $17.37 on volume of 967,000 shares, above average daily volume of 414,000. Hersha Hospitality Trust (AMEX:HT) has potential upside of 58.3% based on a current price of $17.37 and analysts' consensus price target of $27.50. Hersha Hospitality Trust shares should first meet resistance at the 50-day moving average (MA) of $20.65 and find additional resistance at the 200-day MA of $22.30.
HT: 16.94 (-1.07)
Hersha Hospitality Trust Announces Notice of Full Redemption
BusinessWire - Mon May 09, 8:00AM CDT
Pursuant to the Articles Supplementary (the "Articles Supplementary" of Hersha Hospitality Trust, a Maryland real estate investment trust (the "Company", classifying and designating the Company's 8.00% Series B Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $.01 per share (the "Series B Preferred Shares", the Company is hereby providing notice to the holders of the Series B Preferred Shares of the Company's election to redeem all outstanding Series B Preferred Shares. This redemption is made at the option of the Company pursuant to Section 5(a) of the Articles Supplementary. The Company is providing the following information in connection with such election to redeem:
HT: 16.94 (-1.07)
Hersha Hospitality Announces Sale of the Hyatt Place in King of Prussia, PA
BusinessWire - Thu May 05, 7:00AM CDT
Hersha Hospitality Trust (NYSE: HT) ("Hersha" or the "Company", owner of upscale hotels in urban gateway markets, today announced the Company has closed on the sale of the 129-room Hyatt Place in King of Prussia, PA for $13.0 million, or approximately $101,000 per key. The hotel is being sold unencumbered of debt and management.
HT: 16.94 (-1.07)
Hersha Hospitality reports 1Q results
Automated Insights - Thu Apr 28, 5:48PM CDT
HARRISBURG, Pa. (AP) _ Hersha Hospitality Trust (HT) on Thursday reported a key measure of profitability in its first quarter. The results fell short of Wall Street expectations.
HT: 16.94 (-1.07)
Hersha Hospitality Trust Announces First Quarter 2016 Results
BusinessWire - Thu Apr 28, 4:40PM CDT
--- Comparable Portfolio RevPAR Growth Excluding Renovations of 2.7% -
HT: 16.94 (-1.07)
Crown Castle (CCI) Q1 Earnings Top, Revenues Lag; View Up
Zacks Equity Research - Zacks Investment Research - Fri Apr 22, 10:57AM CDT
Crown Castle International Corp. (CCI) reported mixed financial numbers in the first quarter of 2016, wherein the top line lagged the Zacks Consensus Estimate while the bottom line surpassed the same
CCI: 96.44 (+0.36), LAMR: 62.20 (-1.32), COR: 84.86 (-0.35), HT: 16.94 (-1.07)
5 Stock Buys with Impressive Price-to-Cash Flow Ratios
Zacks Equity Research - Zacks Investment Research - Tue Apr 19, 12:17PM CDT
Investment in stocks made on diligent value analysis is usually considered one of the best practices.
HMST: 19.91 (-1.08), HZNP: 16.25 (-1.19), KIRK: 15.14 (-0.27), ASNA: 6.93 (-0.19), HT: 16.94 (-1.07)
Mack-Cali's Roseland Invests in New Jersey and East Boston
Zacks Equity Research - Zacks Investment Research - Tue Apr 19, 9:01AM CDT
Mack-Cali Realty Corp.'s (CLI) multi-family platform Roseland Residential Trust announced investment activities in Port Imperial on the New Jersey Waterfront and in East Boston, MA.
CCI: 96.44 (+0.36), COR: 84.86 (-0.35), CLI: 26.64 (-0.93), HT: 16.94 (-1.07)
Cousins Properties to Build Regional HQ of Dimensional
Zacks Equity Research - Zacks Investment Research - Fri Apr 01, 2:20PM CDT
Cousins Properties Incorporated (CUZ) recently revealed that it would develop the regional headquarters building for Dimensional Fund Advisors in Charlotte, NC.
CUZ: 10.21 (-0.31), PSA: 241.32 (+0.32), PSB: 103.43 (-0.19), HT: 16.94 (-1.07)
Hersha Hospitality Trust to Report First Quarter 2016 Earnings on April 28, 2016
BusinessWire - Fri Apr 01, 7:00AM CDT
Hersha Hospitality Trust (NYSE: HT) ("Hersha", the "Company", owner of upscale hotels in urban gateway markets, announced that the Company will release its financial results for the first quarter 2016 after the market close on Thursday, April 28, 2016. The Company will host a conference call to discuss these results at 9:00 a.m. Eastern Time on Friday, April 29, 2016. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer.
HT: 16.94 (-1.07)
5 REITs to Buy as Fed Lowers Rate Outlook
Zacks Equity Research - Zacks Investment Research - Thu Mar 17, 2:14PM CDT
The latest decision of the Fed to hold its benchmark rate steady and the possibility of two rate hikes this year instead of four should give REIT investors enough reason to rejoice.
SIR: 25.17 (-0.08), CBL: 9.60 (-0.14), OUT: 23.39 (-0.45), CORR: 28.23 (+0.18), HT: 16.94 (-1.07)
Hersha Hospitality Trust Shares Up 17.7% Since SmarTrend's Buy Recommendation (HT)
Comtex SmarTrend(R) - Mon Mar 07, 4:06PM CST
SmarTrend identified an Uptrend for Hersha Hospitality Trust (AMEX:HT) on February 4th, 2016 at $18.51. In approximately 1 month, Hersha Hospitality Trust has returned 17.67% as of today's recent price of $21.78.
HT: 16.94 (-1.07)
Why Shares of Hersha Hospitality Trust Jumped Today
Jordan Wathen, The Motley Fool - Motley Fool - Thu Feb 04, 10:26AM CST
What: Shares of Hersha Hospitality Trust are up by more than 16% as of 11 a.m. EST as the company announced that it reached a deal to sell seven Manhattan properties. So what: The Cindat Manhattan Hotel Portfolio, a joint venture, will...
HT: 16.94 (-1.07)
Hersha Hospitality Trust Sells Joint-Venture Interest in 7 Manhattan Hotels for $571.4 Million
BusinessWire - Thu Feb 04, 7:00AM CST
--- Announces Closing of Ritz-Carlton Georgetown -
HT: 16.94 (-1.07)
Hersha Hospitality Trust Down 27.5% Since SmarTrend Downtrend Call (HT)
Comtex SmarTrend(R) - Thu Jan 28, 5:53PM CST
SmarTrend identified a Downtrend for Hersha Hospitality Trust (AMEX:HT) on October 26th, 2015 at $23.83. In approximately 3 months, Hersha Hospitality Trust has returned 27.47% as of today's recent price of $17.28.
HT: 16.94 (-1.07)
Hersha Hospitality Trust to Report Second Quarter 2016 Earnings on July 27, 2016
BusinessWire - Mon Jun 06, 7:00AM CDT
Hersha Hospitality Trust (NYSE: HT) ("Hersha", the "Company"
, owner of upscale hotels in urban gateway markets, announced that the Company will release its financial results for the second quarter 2016 after the market close on Wednesday, July 27, 2016. The Company will host a conference call to discuss these results at 9:00 a.m. Eastern Time on Thursday, July 28, 2016. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer. HT: 16.94 (-1.07)
Hersha Hospitality Trust Announces Quarterly Dividend
BusinessWire - Fri May 27, 3:05PM CDT
Hersha Hospitality Trust (NYSE: HT) ("Hersha" or the "Company"
, owner of upscale hotels in urban gateway markets, today announced that its Board of Trustees declared a cash dividend of $0.4297 per Series C Preferred Share for the second quarter ending June 30, 2016. The preferred share dividend is payable July 15, 2016 to holders of record as of July 1, 2016. HT: 16.94 (-1.07)
Hersha Hospitality Trust Prices Public Offering of 6.50% Series D Preferred Shares
BusinessWire - Tue May 24, 3:15PM CDT
Hersha Hospitality Trust, a Maryland real estate investment trust ("Hersha"
, today announced that it has priced a public offering of 7,000,000 shares of its 6.50% Series D cumulative redeemable preferred shares of beneficial interest, par value $.01 per share ($25.00 liquidation preference per share), for gross proceeds of $175,000,000. Hersha has granted the underwriters of the offering a 30-day option to purchase 1,050,000 additional Series D preferred shares. The offering is expected to close on May 31, 2016, subject to customary closing conditions. Hersha intends to use a portion of the net proceeds of the offering for the redemption of all of Hersha's outstanding 8.00% Series B cumulative redeemable preferred shares of beneficial interest, par value $.01 per share ($25.00 liquidation preference per share) and the remainder for general corporate purposes, including future acquisitions. WFC: 45.71 (-2.20), HT: 16.94 (-1.07)
Downgrade Alert for Hersha Hospitality Trust (HT)
Comtex SmarTrend(R) - Fri May 20, 3:16AM CDT
Hersha Hospitality Trust (AMEX:HT) was downgraded from Buy to Neutral at BofA/Merrill today. The stock closed yesterday at $17.37 on volume of 967,000 shares, above average daily volume of 414,000. Hersha Hospitality Trust (AMEX:HT) has potential upside of 58.3% based on a current price of $17.37 and analysts' consensus price target of $27.50. Hersha Hospitality Trust shares should first meet resistance at the 50-day moving average (MA) of $20.65 and find additional resistance at the 200-day MA of $22.30.
HT: 16.94 (-1.07)
Hersha Hospitality Trust Announces Notice of Full Redemption
BusinessWire - Mon May 09, 8:00AM CDT
Pursuant to the Articles Supplementary (the "Articles Supplementary"
of Hersha Hospitality Trust, a Maryland real estate investment trust (the "Company", classifying and designating the Company's 8.00% Series B Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $.01 per share (the "Series B Preferred Shares", the Company is hereby providing notice to the holders of the Series B Preferred Shares of the Company's election to redeem all outstanding Series B Preferred Shares. This redemption is made at the option of the Company pursuant to Section 5(a) of the Articles Supplementary. The Company is providing the following information in connection with such election to redeem: HT: 16.94 (-1.07)
Hersha Hospitality Announces Sale of the Hyatt Place in King of Prussia, PA
BusinessWire - Thu May 05, 7:00AM CDT
Hersha Hospitality Trust (NYSE: HT) ("Hersha" or the "Company"
, owner of upscale hotels in urban gateway markets, today announced the Company has closed on the sale of the 129-room Hyatt Place in King of Prussia, PA for $13.0 million, or approximately $101,000 per key. The hotel is being sold unencumbered of debt and management. HT: 16.94 (-1.07)
Hersha Hospitality reports 1Q results
Automated Insights - Thu Apr 28, 5:48PM CDT
HARRISBURG, Pa. (AP) _ Hersha Hospitality Trust (HT) on Thursday reported a key measure of profitability in its first quarter. The results fell short of Wall Street expectations.
HT: 16.94 (-1.07)
Hersha Hospitality Trust Announces First Quarter 2016 Results
BusinessWire - Thu Apr 28, 4:40PM CDT
--- Comparable Portfolio RevPAR Growth Excluding Renovations of 2.7% -
HT: 16.94 (-1.07)
Crown Castle (CCI) Q1 Earnings Top, Revenues Lag; View Up
Zacks Equity Research - Zacks Investment Research - Fri Apr 22, 10:57AM CDT
Crown Castle International Corp. (CCI) reported mixed financial numbers in the first quarter of 2016, wherein the top line lagged the Zacks Consensus Estimate while the bottom line surpassed the same
CCI: 96.44 (+0.36), LAMR: 62.20 (-1.32), COR: 84.86 (-0.35), HT: 16.94 (-1.07)
5 Stock Buys with Impressive Price-to-Cash Flow Ratios
Zacks Equity Research - Zacks Investment Research - Tue Apr 19, 12:17PM CDT
Investment in stocks made on diligent value analysis is usually considered one of the best practices.
HMST: 19.91 (-1.08), HZNP: 16.25 (-1.19), KIRK: 15.14 (-0.27), ASNA: 6.93 (-0.19), HT: 16.94 (-1.07)
Mack-Cali's Roseland Invests in New Jersey and East Boston
Zacks Equity Research - Zacks Investment Research - Tue Apr 19, 9:01AM CDT
Mack-Cali Realty Corp.'s (CLI) multi-family platform Roseland Residential Trust announced investment activities in Port Imperial on the New Jersey Waterfront and in East Boston, MA.
CCI: 96.44 (+0.36), COR: 84.86 (-0.35), CLI: 26.64 (-0.93), HT: 16.94 (-1.07)
Cousins Properties to Build Regional HQ of Dimensional
Zacks Equity Research - Zacks Investment Research - Fri Apr 01, 2:20PM CDT
Cousins Properties Incorporated (CUZ) recently revealed that it would develop the regional headquarters building for Dimensional Fund Advisors in Charlotte, NC.
CUZ: 10.21 (-0.31), PSA: 241.32 (+0.32), PSB: 103.43 (-0.19), HT: 16.94 (-1.07)
Hersha Hospitality Trust to Report First Quarter 2016 Earnings on April 28, 2016
BusinessWire - Fri Apr 01, 7:00AM CDT
Hersha Hospitality Trust (NYSE: HT) ("Hersha", the "Company"
, owner of upscale hotels in urban gateway markets, announced that the Company will release its financial results for the first quarter 2016 after the market close on Thursday, April 28, 2016. The Company will host a conference call to discuss these results at 9:00 a.m. Eastern Time on Friday, April 29, 2016. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer. HT: 16.94 (-1.07)
5 REITs to Buy as Fed Lowers Rate Outlook
Zacks Equity Research - Zacks Investment Research - Thu Mar 17, 2:14PM CDT
The latest decision of the Fed to hold its benchmark rate steady and the possibility of two rate hikes this year instead of four should give REIT investors enough reason to rejoice.
SIR: 25.17 (-0.08), CBL: 9.60 (-0.14), OUT: 23.39 (-0.45), CORR: 28.23 (+0.18), HT: 16.94 (-1.07)
Hersha Hospitality Trust Shares Up 17.7% Since SmarTrend's Buy Recommendation (HT)
Comtex SmarTrend(R) - Mon Mar 07, 4:06PM CST
SmarTrend identified an Uptrend for Hersha Hospitality Trust (AMEX:HT) on February 4th, 2016 at $18.51. In approximately 1 month, Hersha Hospitality Trust has returned 17.67% as of today's recent price of $21.78.
HT: 16.94 (-1.07)
Why Shares of Hersha Hospitality Trust Jumped Today
Jordan Wathen, The Motley Fool - Motley Fool - Thu Feb 04, 10:26AM CST
What: Shares of Hersha Hospitality Trust are up by more than 16% as of 11 a.m. EST as the company announced that it reached a deal to sell seven Manhattan properties. So what: The Cindat Manhattan Hotel Portfolio, a joint venture, will...
HT: 16.94 (-1.07)
Hersha Hospitality Trust Sells Joint-Venture Interest in 7 Manhattan Hotels for $571.4 Million
BusinessWire - Thu Feb 04, 7:00AM CST
--- Announces Closing of Ritz-Carlton Georgetown -
HT: 16.94 (-1.07)
Hersha Hospitality Trust Down 27.5% Since SmarTrend Downtrend Call (HT)
Comtex SmarTrend(R) - Thu Jan 28, 5:53PM CST
SmarTrend identified a Downtrend for Hersha Hospitality Trust (AMEX:HT) on October 26th, 2015 at $23.83. In approximately 3 months, Hersha Hospitality Trust has returned 27.47% as of today's recent price of $17.28.
HT: 16.94 (-1.07)
