Shares of Ashford Hospitality Trust Inc (NYSE:AHT) have been given an average rating of “Hold” by the nine analysts that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $7.46.

A number of analysts have weighed in on AHT shares. Zacks Investment Research downgraded shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Cantor Fitzgerald reissued a “buy” rating and set a $7.50 target price on shares of Ashford Hospitality Trust in a research report on Thursday, September 14th. ValuEngine raised shares of Ashford Hospitality Trust from a “hold” rating to a “buy” rating in a research report on Wednesday, September 13th. Finally, BidaskClub downgraded shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Friday, July 28th.

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Ashford Hospitality Trust (NYSE AHT) opened at $6.31 on Friday. Ashford Hospitality Trust has a 52 week low of $5.35 and a 52 week high of $8.23. The company has a quick ratio of 4.37, a current ratio of 4.37 and a debt-to-equity ratio of 4.94. The stock has a market capitalization of $614.78, a P/E ratio of 4.85, a PEG ratio of 0.91 and a beta of 1.53.

Ashford Hospitality Trust (NYSE:AHT) last released its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.02). Ashford Hospitality Trust had a negative net margin of 5.61% and a negative return on equity of 10.56%. The firm had revenue of $353.33 million during the quarter, compared to analyst estimates of $360.10 million. During the same period in the prior year, the company earned $0.40 EPS. The business’s quarterly revenue was down 5.0% compared to the same quarter last year. analysts expect that Ashford Hospitality Trust will post 1.38 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Saturday, September 30th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 7.61%. The ex-dividend date was Thursday, September 28th. Ashford Hospitality Trust’s dividend payout ratio is presently -35.04%.

Several hedge funds have recently made changes to their positions in the company. Global X MANAGEMENT CO LLC grew its position in shares of Ashford Hospitality Trust by 5.4% during the 3rd quarter. Global X MANAGEMENT CO LLC now owns 1,266,219 shares of the real estate investment trust’s stock worth $8,446,000 after buying an additional 64,439 shares during the period. IndexIQ Advisors LLC grew its position in shares of Ashford Hospitality Trust by 34.9% during the 3rd quarter. IndexIQ Advisors LLC now owns 243,830 shares of the real estate investment trust’s stock worth $1,627,000 after buying an additional 63,038 shares during the period. American Century Companies Inc. grew its position in shares of Ashford Hospitality Trust by 78.4% during the 3rd quarter. American Century Companies Inc. now owns 107,024 shares of the real estate investment trust’s stock worth $714,000 after buying an additional 47,022 shares during the period. Forsta AP Fonden grew its position in shares of Ashford Hospitality Trust by 76.2% during the 3rd quarter. Forsta AP Fonden now owns 105,200 shares of the real estate investment trust’s stock worth $702,000 after buying an additional 45,500 shares during the period. Finally, Foundry Partners LLC grew its position in shares of Ashford Hospitality Trust by 7.5% during the 3rd quarter. Foundry Partners LLC now owns 1,072,670 shares of the real estate investment trust’s stock worth $7,155,000 after buying an additional 75,200 shares during the period. 70.33% of the stock is owned by institutional investors.

About Ashford Hospitality Trust

Ashford Hospitality Trust, Inc is an externally-advised real estate investment trust (REIT). The Company is focused on investing in the hospitality industry with a focus on full-service upscale and upper-upscale hotels in the United States. The Company owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership (Ashford Trust OP), its operating partnership.

Analyst Recommendations for Ashford Hospitality Trust (NYSE:AHT)

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