Ashford Hospitality Trust Inc. (NYSE:AHT) has received an average rating of “Hold” from the ten ratings firms that are covering the company. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $6.45.

A number of research firms have commented on AHT. Canaccord Genuity restated a “hold” rating on shares of Ashford Hospitality Trust in a report on Monday, August 8th. Zacks Investment Research upgraded shares of Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a report on Tuesday, November 8th. Janney Montgomery Scott reiterated a “neutral” rating and set a $6.25 price objective on shares of Ashford Hospitality Trust in a report on Tuesday, November 8th. Finally, Credit Suisse Group AG cut shares of Ashford Hospitality Trust from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $6.00 to $5.00 in a report on Thursday, July 21st.

Ashford Hospitality Trust (NYSE:AHT) opened at 6.61 on Thursday. The firm’s market cap is $635.74 million. The company has a 50-day moving average of $5.94 and a 200-day moving average of $5.86. Ashford Hospitality Trust has a 52 week low of $4.15 and a 52 week high of $7.20.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 17th. Shareholders of record on Friday, September 30th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 7.26%. The ex-dividend date was Wednesday, September 28th. Ashford Hospitality Trust’s dividend payout ratio is -71.64%.

A number of hedge funds have recently made changes to their positions in the company. Global X Management Co. LLC bought a new stake in shares of Ashford Hospitality Trust during the third quarter valued at approximately $7,530,000. Foundry Partners LLC bought a new stake in shares of Ashford Hospitality Trust during the second quarter valued at approximately $4,099,000. Emerald Acquisition Ltd. bought a new stake in shares of Ashford Hospitality Trust during the second quarter valued at approximately $2,354,000. Matarin Capital Management LLC bought a new stake in shares of Ashford Hospitality Trust during the third quarter valued at approximately $1,881,000. Finally, Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Ashford Hospitality Trust during the third quarter valued at approximately $1,352,000. 71.95% of the stock is currently owned by institutional investors and hedge funds.

About Ashford Hospitality Trust

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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