Ashford Hospitality Trust (AHT) Shares Down 4%

Share on StockTwits

Ashford Hospitality Trust, Inc. (NYSE:AHT) shares fell 4% on Thursday . The company traded as low as $4.57 and last traded at $4.58. 1,165,419 shares traded hands during trading, an increase of 134% from the average session volume of 497,300 shares. The stock had previously closed at $4.77.

A number of research firms have weighed in on AHT. ValuEngine raised shares of Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a research report on Tuesday. Zacks Investment Research lowered shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, December 4th. Deutsche Bank set a $8.00 target price on shares of Ashford Hospitality Trust and gave the stock a “buy” rating in a research report on Friday, December 7th. Finally, Robert W. Baird cut 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 research report on Wednesday, December 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $7.67.

The stock has a market capitalization of $565.81 million, a price-to-earnings ratio of 4.52, a price-to-earnings-growth ratio of 1.11 and a beta of 1.73. The company has a debt-to-equity ratio of 7.79, a quick ratio of 3.67 and a current ratio of 3.67.

Several institutional investors and hedge funds have recently made changes to their positions in AHT. Bank of Montreal Can raised its position in shares of Ashford Hospitality Trust by 33.9% during the third quarter. Bank of Montreal Can now owns 138,442 shares of the real estate investment trust’s stock valued at $885,000 after buying an additional 35,069 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Ashford Hospitality Trust by 100.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 60,714 shares of the real estate investment trust’s stock valued at $440,000 after buying an additional 30,357 shares during the last quarter. Virginia Retirement Systems ET AL raised its position in shares of Ashford Hospitality Trust by 59.6% during the third quarter. Virginia Retirement Systems ET AL now owns 144,400 shares of the real estate investment trust’s stock valued at $923,000 after buying an additional 53,900 shares during the last quarter. LSV Asset Management raised its position in shares of Ashford Hospitality Trust by 25.1% during the third quarter. LSV Asset Management now owns 3,330,913 shares of the real estate investment trust’s stock valued at $21,284,000 after buying an additional 667,800 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in shares of Ashford Hospitality Trust by 74.3% during the third quarter. SG Americas Securities LLC now owns 117,016 shares of the real estate investment trust’s stock valued at $748,000 after buying an additional 49,879 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

WARNING: This news story was originally published by Ticker Report and is owned by of Ticker Report. If you are accessing this news story on another site, it was illegally copied and reposted in violation of US & international copyright and trademark law. The correct version of this news story can be accessed at https://www.tickerreport.com/banking-finance/4204830/ashford-hospitality-trust-aht-shares-down-4.html.

About Ashford Hospitality Trust (NYSE:AHT)

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: Rule of 72

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


Leave a Reply

© 2006-2019 Ticker Report