Ashford Hospitality Trust, Inc. (AHT) Receives Consensus Rating of “Hold” from Analysts

Ashford Hospitality Trust, Inc. (NYSE:AHT) has earned an average rating of “Hold” from the six brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $8.00.

Several research firms recently commented on AHT. ValuEngine downgraded shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, August 7th. Robert W. Baird upped their price target on shares of Ashford Hospitality Trust from $7.00 to $8.00 and gave the company a “neutral” rating in a research report on Wednesday, June 27th. Zacks Investment Research upgraded shares of Ashford Hospitality Trust from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 4th. Finally, B. Riley upped their price target on shares of Ashford Hospitality Trust from $7.50 to $8.00 and gave the company a “buy” rating in a research report on Monday, August 6th.

In other Ashford Hospitality Trust news, Director Alan Tallis sold 20,000 shares of the business’s stock in a transaction on Thursday, July 5th. The shares were sold at an average price of $8.42, for a total value of $168,400.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold a total of 40,900 shares of company stock worth $339,406 over the last three months. 18.20% of the stock is currently owned by corporate insiders.



A number of institutional investors and hedge funds have recently made changes to their positions in the business. Zeke Capital Advisors LLC acquired a new position in shares of Ashford Hospitality Trust during the 1st quarter worth $104,000. Quantitative Systematic Strategies LLC acquired a new position in shares of Ashford Hospitality Trust during the 1st quarter worth $104,000. Private Advisor Group LLC acquired a new position in shares of Ashford Hospitality Trust during the 2nd quarter worth $119,000. Smith Asset Management Group LP grew its stake in shares of Ashford Hospitality Trust by 64.8% during the 1st quarter. Smith Asset Management Group LP now owns 20,825 shares of the real estate investment trust’s stock worth $135,000 after purchasing an additional 8,192 shares during the period. Finally, MetLife Investment Advisors LLC acquired a new position in shares of Ashford Hospitality Trust during the 4th quarter worth $162,000. 72.52% of the stock is currently owned by institutional investors.

Shares of NYSE:AHT traded down $0.06 during trading on Tuesday, hitting $6.47. 417,767 shares of the company were exchanged, compared to its average volume of 422,074. The company has a market capitalization of $644.09 million, a PE ratio of 4.72, a P/E/G ratio of 1.17 and a beta of 1.30. The company has a current ratio of 3.67, a quick ratio of 3.67 and a debt-to-equity ratio of 6.36. Ashford Hospitality Trust has a 12-month low of $5.42 and a 12-month high of $8.66.

Ashford Hospitality Trust (NYSE:AHT) last issued its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported ($0.30) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.25). Ashford Hospitality Trust had a negative return on equity of 10.19% and a negative net margin of 4.75%. The company had revenue of $389.16 million for the quarter, compared to analysts’ expectations of $390.19 million. equities research analysts predict that Ashford Hospitality Trust will post 1.11 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 16th. Shareholders of record on Friday, June 29th were paid a $0.12 dividend. The ex-dividend date of this dividend was Thursday, June 28th. This represents a $0.48 annualized dividend and a yield of 7.42%. Ashford Hospitality Trust’s dividend payout ratio is currently 35.04%.

Ashford Hospitality Trust Company Profile

Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing opportunistically in the hospitality industry in upper upscale, full-service hotels.

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