Ashford Hospitality Trust Inc (NYSE:AHT) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

A number of other research analysts have also weighed in on the company. Zacks Investment Research raised Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a report on Thursday, September 7th. Cantor Fitzgerald reissued a “buy” rating and issued a $7.50 price objective on shares of Ashford Hospitality Trust in a report on Thursday, September 14th. BidaskClub lowered Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Robert W. Baird reissued a “hold” rating and issued a $7.00 price objective on shares of Ashford Hospitality Trust in a report on Friday, November 10th. Finally, B. Riley reissued a “buy” rating on shares of Ashford Hospitality Trust in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $7.42.

Ashford Hospitality Trust (NYSE:AHT) opened at $6.29 on Tuesday. The company has a quick ratio of 3.94, a current ratio of 3.94 and a debt-to-equity ratio of 5.29. The firm has a market capitalization of $612.75, a PE ratio of 4.84, a PEG ratio of 0.91 and a beta of 1.53. Ashford Hospitality Trust has a 1-year low of $5.68 and a 1-year high of $8.23.

Ashford Hospitality Trust (NYSE:AHT) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The firm had revenue of $353.33 million during the quarter, compared to analyst estimates of $360.10 million. Ashford Hospitality Trust had a negative net margin of 5.61% and a negative return on equity of 10.79%. The firm’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.40 earnings per share. sell-side analysts anticipate that Ashford Hospitality Trust will post 1.38 EPS for the current fiscal year.

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Institutional investors and hedge funds have recently modified their holdings of the company. DORCHESTER WEALTH MANAGEMENT Co purchased a new stake in shares of Ashford Hospitality Trust in the second quarter worth about $116,000. SG Americas Securities LLC boosted its stake in shares of Ashford Hospitality Trust by 80.5% in the third quarter. SG Americas Securities LLC now owns 20,316 shares of the real estate investment trust’s stock worth $136,000 after buying an additional 9,060 shares during the last quarter. Schroder Investment Management Group purchased a new stake in shares of Ashford Hospitality Trust in the third quarter worth about $156,000. Verition Fund Management LLC purchased a new stake in shares of Ashford Hospitality Trust in the second quarter worth about $148,000. Finally, Eqis Capital Management Inc. boosted its stake in shares of Ashford Hospitality Trust by 5.8% in the second quarter. Eqis Capital Management Inc. now owns 27,113 shares of the real estate investment trust’s stock worth $165,000 after buying an additional 1,481 shares during the last quarter. Hedge funds and other institutional investors own 67.60% 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.

Analyst Recommendations for Ashford Hospitality Trust (NYSE:AHT)

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