Ashford Hospitality Prime Inc. (NYSE:AHP) has been assigned a consensus rating of “Hold” from the ten research firms that are presently covering the stock. Eight investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $14.75.

A number of equities research analysts have commented on AHP shares. Canaccord Genuity reissued a “hold” rating and issued a $17.00 price objective on shares of Ashford Hospitality Prime in a research note on Sunday, August 7th. FBR & Co cut their target price on Ashford Hospitality Prime from $19.00 to $18.00 and set an “outperform” rating on the stock in a research report on Friday, November 4th. Zacks Investment Research raised Ashford Hospitality Prime from a “hold” rating to a “strong-buy” rating and set a $16.00 target price on the stock in a research report on Thursday, October 20th. Finally, TheStreet raised Ashford Hospitality Prime from a “sell” rating to a “hold” rating in a research report on Monday, November 7th.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Investment Management LLC boosted its position in Ashford Hospitality Prime by 7.2% in the second quarter. BlackRock Investment Management LLC now owns 118,026 shares of the company’s stock valued at $1,669,000 after buying an additional 7,898 shares in the last quarter. Prudential Financial Inc. boosted its position in Ashford Hospitality Prime by 25.7% in the second quarter. Prudential Financial Inc. now owns 86,386 shares of the company’s stock valued at $1,221,000 after buying an additional 17,637 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Ashford Hospitality Prime by 4.9% in the second quarter. Dimensional Fund Advisors LP now owns 399,054 shares of the company’s stock valued at $5,642,000 after buying an additional 18,793 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in Ashford Hospitality Prime during the second quarter valued at $2,394,000. Finally, First Trust Advisors LP acquired a new position in Ashford Hospitality Prime during the second quarter valued at $144,000. 84.56% of the stock is currently owned by institutional investors and hedge funds.

Ashford Hospitality Prime (NYSE:AHP) opened at 12.74 on Thursday. Ashford Hospitality Prime has a 52-week low of $8.37 and a 52-week high of $17.64. The firm’s 50-day moving average price is $13.49 and its 200 day moving average price is $13.79. The company has a market cap of $330.85 million, a PE ratio of 40.96 and a beta of 1.22.

Ashford Hospitality Prime Company Profile

Ashford Hospitality Prime, Inc invests in high revenue per available room (RevPAR), luxury, upper-upscale and upscale hotels in gateway and resort locations. The Company conducts its business and owns all of its assets through its operating partnership, Ashford Hospitality Prime Limited Partnership. It operates in the direct hotel investment segment of the hotel lodging industry.

5 Day Chart for NYSE:AHP

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