Parametric Portfolio Associates LLC cut its position in shares of Ashford Hospitality Trust Inc (NYSE:AHT) by 8.8% during the first quarter, according to its most recent filing with the SEC. The firm owned 368,595 shares of the real estate investment trust’s stock after selling 35,612 shares during the period. Parametric Portfolio Associates LLC’s holdings in Ashford Hospitality Trust were worth $2,348,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. UBS Asset Management Americas Inc. boosted its stake in Ashford Hospitality Trust by 33.3% in the first quarter. UBS Asset Management Americas Inc. now owns 169,938 shares of the real estate investment trust’s stock worth $1,083,000 after buying an additional 42,419 shares during the last quarter. Swiss National Bank boosted its stake in Ashford Hospitality Trust by 5.7% in the first quarter. Swiss National Bank now owns 158,300 shares of the real estate investment trust’s stock worth $1,008,000 after buying an additional 8,500 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in Ashford Hospitality Trust by 2.7% in the first quarter. BNP Paribas Arbitrage SA now owns 42,940 shares of the real estate investment trust’s stock worth $274,000 after buying an additional 1,121 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Ashford Hospitality Trust by 7.1% in the first quarter. Bank of New York Mellon Corp now owns 814,358 shares of the real estate investment trust’s stock worth $5,188,000 after buying an additional 53,749 shares during the period. Finally, Wellington Shields Capital Management LLC raised its position in shares of Ashford Hospitality Trust by 65.6% in the first quarter. Wellington Shields Capital Management LLC now owns 54,852 shares of the real estate investment trust’s stock worth $349,000 after buying an additional 21,730 shares during the period. Institutional investors own 72.12% of the company’s stock.

Ashford Hospitality Trust Inc (NYSE:AHT) traded up 2.12% on Friday, reaching $6.26. The company had a trading volume of 509,078 shares. Ashford Hospitality Trust Inc has a 12 month low of $5.35 and a 12 month high of $8.23. The company’s 50 day moving average price is $6.28 and its 200-day moving average price is $6.56. The company’s market capitalization is $609.96 million.

Ashford Hospitality Trust (NYSE:AHT) last issued its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by $0.03. Ashford Hospitality Trust had a negative net margin of 3.96% and a negative return on equity of 7.58%. The firm had revenue of $390.70 million for the quarter, compared to analyst estimates of $399.01 million. During the same period last year, the company earned $0.60 EPS. The company’s revenue was down 4.9% compared to the same quarter last year. On average, equities analysts predict that Ashford Hospitality Trust Inc will post ($0.99) earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were issued a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $0.48 dividend on an annualized basis and a yield of 7.67%. Ashford Hospitality Trust’s dividend payout ratio is presently -43.64%.

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A number of brokerages have recently commented on AHT. Canaccord Genuity reissued a “hold” rating and set a $7.00 price target on shares of Ashford Hospitality Trust in a report on Monday, June 26th. BidaskClub lowered Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Friday, July 28th. ValuEngine lowered Ashford Hospitality Trust from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 22nd. FBR & Co set a $8.00 price target on Ashford Hospitality Trust and gave the company a “buy” rating in a report on Saturday, April 8th. Finally, Cantor Fitzgerald set a $8.00 price target on Ashford Hospitality Trust and gave the company a “buy” rating in a report on Thursday, May 18th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $7.54.

Ashford Hospitality Trust Company Profile

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.

Institutional Ownership by Quarter for Ashford Hospitality Trust (NYSE:AHT)

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