Arete Wealth Advisors LLC purchased a new position in shares of Ashford Hospitality Trust Inc (NYSE:AHT) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 31,900 shares of the real estate investment trust’s stock, valued at approximately $194,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Ashford Hospitality Trust by 43.5% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 17,942 shares of the real estate investment trust’s stock worth $114,000 after purchasing an additional 5,442 shares during the last quarter. Utah Retirement Systems boosted its stake in shares of Ashford Hospitality Trust by 38.8% during the 1st quarter. Utah Retirement Systems now owns 17,900 shares of the real estate investment trust’s stock worth $114,000 after purchasing an additional 5,000 shares during the last quarter. DORCHESTER WEALTH MANAGEMENT Co acquired a new stake in shares of Ashford Hospitality Trust during the 2nd quarter worth about $116,000. Princeton Portfolio Strategies Group LLC acquired a new stake in shares of Ashford Hospitality Trust during the 1st quarter worth about $127,000. Finally, Eqis Capital Management Inc. boosted its stake in shares of Ashford Hospitality Trust by 5.8% during the 2nd quarter. Eqis Capital Management Inc. now owns 27,113 shares of the real estate investment trust’s stock worth $165,000 after purchasing an additional 1,481 shares during the last quarter. 70.27% of the stock is currently owned by institutional investors.

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Several research firms have issued reports on AHT. ValuEngine cut shares of Ashford Hospitality Trust from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Cantor Fitzgerald decreased their price target on shares of Ashford Hospitality Trust from $8.00 to $7.50 and set a “buy” rating on the stock in a research note on Friday, August 11th. BidaskClub cut shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Canaccord Genuity reaffirmed a “hold” rating and set a $7.00 price target on shares of Ashford Hospitality Trust in a research note on Monday, June 26th. Finally, Zacks Investment Research raised shares of Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a research note on Thursday, September 7th. 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 stock has a consensus rating of “Hold” and a consensus target price of $7.46.

Ashford Hospitality Trust Inc (AHT) traded down 0.60% on Friday, reaching $6.67. 493,803 shares of the company traded hands. Ashford Hospitality Trust Inc has a 52-week low of $5.35 and a 52-week high of $8.23. The firm has a 50 day moving average price of $6.19 and a 200 day moving average price of $6.24. The stock’s market capitalization is $649.86 million.

Ashford Hospitality Trust (NYSE:AHT) last released its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.52 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.03). Ashford Hospitality Trust had a negative net margin of 5.43% and a negative return on equity of 10.41%. The business had revenue of $390.70 million for the quarter, compared to analysts’ expectations of $399.01 million. During the same period last year, the firm earned $0.60 EPS. The company’s revenue was down 4.9% compared to the same quarter last year. Equities research analysts predict that Ashford Hospitality Trust Inc will post ($1.10) EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Saturday, September 30th will be paid a dividend of $0.12 per share. The ex-dividend date is Thursday, September 28th. This represents a $0.48 annualized dividend and a yield of 7.20%. Ashford Hospitality Trust’s dividend payout ratio (DPR) is presently -35.82%.

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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