Ashford Hospitality Trust, Inc. (AHT) Stake Lessened by LSV Asset Management

Share on StockTwits

LSV Asset Management lowered its position in shares of Ashford Hospitality Trust, Inc. (NYSE:AHT) by 0.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,313,113 shares of the real estate investment trust’s stock after selling 17,800 shares during the period. LSV Asset Management’s holdings in Ashford Hospitality Trust were worth $13,252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. increased its holdings in Ashford Hospitality Trust by 2.0% in the 3rd quarter. BlackRock Inc. now owns 8,462,278 shares of the real estate investment trust’s stock valued at $54,073,000 after purchasing an additional 163,583 shares during the last quarter. Renaissance Technologies LLC increased its holdings in Ashford Hospitality Trust by 13.7% in the 3rd quarter. Renaissance Technologies LLC now owns 6,476,275 shares of the real estate investment trust’s stock valued at $41,383,000 after purchasing an additional 780,347 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Ashford Hospitality Trust in the 3rd quarter valued at approximately $10,955,000. Dimensional Fund Advisors LP increased its holdings in Ashford Hospitality Trust by 0.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,661,098 shares of the real estate investment trust’s stock valued at $10,614,000 after purchasing an additional 11,008 shares during the last quarter. Finally, ClariVest Asset Management LLC increased its holdings in Ashford Hospitality Trust by 90.0% in the 4th quarter. ClariVest Asset Management LLC now owns 762,880 shares of the real estate investment trust’s stock valued at $3,051,000 after purchasing an additional 361,360 shares during the last quarter. Institutional investors and hedge funds own 73.98% of the company’s stock.

Several analysts recently weighed in on the stock. B. Riley reiterated a “buy” rating and issued a $8.00 target price on shares of Ashford Hospitality Trust in a report on Monday, November 5th. ValuEngine upgraded shares of Ashford Hospitality Trust from a “strong sell” rating to a “sell” rating in a report on Friday, February 8th. Zacks Investment Research downgraded shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Tuesday, December 4th. Deutsche Bank set a $8.00 target price on shares of Ashford Hospitality Trust and gave the company a “buy” rating in a report on Friday, December 7th. Finally, Robert W. Baird dropped their target price on shares of Ashford Hospitality Trust from $8.00 to $7.00 and set a “neutral” rating for the company in a report on Wednesday, December 12th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $7.75.

Ashford Hospitality Trust stock opened at $5.39 on Monday. The company has a market capitalization of $544.60 million, a P/E ratio of 3.93, a P/E/G ratio of 1.05 and a beta of 1.73. The company has a debt-to-equity ratio of 7.79, a current ratio of 3.67 and a quick ratio of 3.67. Ashford Hospitality Trust, Inc. has a fifty-two week low of $3.85 and a fifty-two week high of $8.66.

COPYRIGHT VIOLATION NOTICE: This story was reported by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.tickerreport.com/banking-finance/4161361/ashford-hospitality-trust-inc-aht-stake-lessened-by-lsv-asset-management.html.

Ashford Hospitality Trust 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.

Featured Article: Call Option

Want to see what other hedge funds are holding AHT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ashford Hospitality Trust, Inc. (NYSE:AHT).

Institutional Ownership by Quarter for Ashford Hospitality Trust (NYSE:AHT)

Receive News & Ratings for Ashford Hospitality Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashford Hospitality Trust and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Northern Oil & Gas  Shares Gap Up to $2.44
Northern Oil & Gas Shares Gap Up to $2.44
Community Health Systems  Bonds Trading 2% Higher
Community Health Systems Bonds Trading 2% Higher
Flowchain Market Cap Reaches $0.00
Flowchain Market Cap Reaches $0.00
Request Network  Reaches Market Capitalization of $15.89 Million
Request Network Reaches Market Capitalization of $15.89 Million
MediBloc  One Day Volume Hits $280,165.00
MediBloc One Day Volume Hits $280,165.00
Insider Selling: BioMarin Pharmaceutical Inc.  Insider Sells 9,597 Shares of Stock
Insider Selling: BioMarin Pharmaceutical Inc. Insider Sells 9,597 Shares of Stock


© 2006-2019 Ticker Report