Janney Montgomery Scott reaffirmed their neutral rating on shares of Ashford Hospitality Trust Inc. (NYSE:AHT) in a research report released on Tuesday morning. They currently have a $6.25 target price on the real estate investment trust’s stock.

AHT has been the topic of several other research reports. Zacks Investment Research upgraded shares of Ashford Hospitality Trust from a sell rating to a hold rating in a research note on Monday, July 25th. Credit Suisse Group AG cut shares of Ashford Hospitality Trust from an outperform rating to a neutral rating and decreased their target price for the stock from $6.00 to $5.00 in a research report on Thursday, July 21st. Finally, Canaccord Genuity restated a hold rating on shares of Ashford Hospitality Trust in a research report on Monday, August 8th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $6.88.

Analyst Recommendations for Ashford Hospitality Trust (NYSE:AHT)

Ashford Hospitality Trust (NYSE:AHT) opened at 5.99 on Tuesday. The firm’s market capitalization is $576.11 million. The company’s 50 day moving average price is $5.94 and its 200 day moving average price is $5.86. Ashford Hospitality Trust has a 12 month low of $4.15 and a 12 month high of $7.20.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 17th. Stockholders of record on Friday, September 30th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 8.01%. The ex-dividend date of this dividend was Wednesday, September 28th. Ashford Hospitality Trust’s dividend payout ratio (DPR) is presently -71.64%.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Skandinaviska Enskilda Banken AB publ bought a new position in Ashford Hospitality Trust during the third quarter valued at about $1,352,000. Northern Trust Corp boosted its position in Ashford Hospitality Trust by 3.8% in the third quarter. Northern Trust Corp now owns 1,886,338 shares of the real estate investment trust’s stock valued at $11,111,000 after buying an additional 69,681 shares during the period. Princeton Alpha Management LP bought a new position in Ashford Hospitality Trust during the third quarter valued at about $223,000. Matarin Capital Management LLC bought a new position in Ashford Hospitality Trust during the third quarter valued at about $1,881,000. Finally, California State Teachers Retirement System boosted its position in Ashford Hospitality Trust by 0.7% in the third quarter. California State Teachers Retirement System now owns 165,141 shares of the real estate investment trust’s stock valued at $973,000 after buying an additional 1,200 shares during the period. Institutional investors and hedge funds own 70.54% of the company’s stock.

Ashford Hospitality Trust Company Profile

Ashford Hospitality Trust, Inc (Ashford), together with its subsidiaries, is an externally advised real estate investment trust (REIT). The Company operates through direct hotel investments segment. It is focused on investing in the hospitality industry with a focus on full-service upscale and upper-upscale hotels in the United States.

5 Day Chart for NYSE:AHT

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