Ashford Hospitality Trust Inc (NYSE:AHT) – Stock analysts at DA Davidson lifted their Q4 2017 earnings per share estimates for shares of Ashford Hospitality Trust in a research report issued to clients and investors on Tuesday. DA Davidson analyst J. Lykins now expects that the real estate investment trust will post earnings of $0.20 per share for the quarter, up from their previous estimate of $0.19.

Ashford Hospitality Trust (NYSE:AHT) last issued its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.02). Ashford Hospitality Trust had a negative net margin of 5.61% and a negative return on equity of 10.79%. The business had revenue of $353.33 million during the quarter, compared to the consensus estimate of $360.10 million. During the same quarter in the previous year, the firm posted $0.40 EPS. The company’s revenue for the quarter was down 5.0% compared to the same quarter last year.

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Several other brokerages also recently issued reports on AHT. B. Riley reiterated a “buy” rating on shares of Ashford Hospitality Trust in a research report on Wednesday, November 1st. Zacks Investment Research upgraded Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a research report on Thursday, September 7th. Cantor Fitzgerald reiterated a “buy” rating and issued a $7.50 price objective on shares of Ashford Hospitality Trust in a research report on Tuesday, October 3rd. BidaskClub downgraded Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Finally, ValuEngine upgraded Ashford Hospitality Trust from a “hold” rating to a “buy” rating in a research report on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $7.58.

Ashford Hospitality Trust (AHT) opened at $6.36 on Thursday. The company has a debt-to-equity ratio of 5.29, a current ratio of 3.94 and a quick ratio of 4.37. Ashford Hospitality Trust has a 52-week low of $5.68 and a 52-week high of $8.23. The stock has a market capitalization of $618.59, a price-to-earnings ratio of 4.88, a price-to-earnings-growth ratio of 0.92 and a beta of 1.53.

The company also recently announced a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Saturday, September 30th were given a dividend of $0.12 per share. The ex-dividend date was Thursday, September 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.55%. Ashford Hospitality Trust’s payout ratio is currently -35.04%.

Several hedge funds have recently added to or reduced their stakes in AHT. UBS Asset Management Americas Inc. raised its position in shares of Ashford Hospitality Trust by 33.3% during 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 acquiring an additional 42,419 shares during the last quarter. American International Group Inc. raised its position in shares of Ashford Hospitality Trust by 7.0% during the first quarter. American International Group Inc. now owns 48,123 shares of the real estate investment trust’s stock worth $307,000 after acquiring an additional 3,163 shares during the last quarter. Legal & General Group Plc raised its position in shares of Ashford Hospitality Trust by 18.4% during the first quarter. Legal & General Group Plc now owns 234,889 shares of the real estate investment trust’s stock worth $1,497,000 after acquiring an additional 36,429 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Ashford Hospitality Trust by 7.3% during the first quarter. Vanguard Group Inc. now owns 16,469,252 shares of the real estate investment trust’s stock worth $104,909,000 after acquiring an additional 1,121,239 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Ashford Hospitality Trust by 4.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,536,603 shares of the real estate investment trust’s stock worth $9,788,000 after acquiring an additional 68,871 shares during the last quarter. Institutional investors own 70.57% of the company’s stock.

About Ashford Hospitality Trust

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.

Earnings History and Estimates for Ashford Hospitality Trust (NYSE:AHT)

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