ValuEngine upgraded shares of Ashford Hospitality Trust (NYSE:AHT) from a strong sell rating to a sell rating in a research report released on Friday.

A number of other research analysts have also commented on the company. B. Riley reissued a buy rating and set a $8.00 price objective on shares of Ashford Hospitality Trust in a report on Monday, November 5th. Robert W. Baird lowered their price objective on Ashford Hospitality Trust from $8.00 to $7.00 and set a neutral rating on the stock in a report on Wednesday, December 12th. Deutsche Bank set a $8.00 price objective on Ashford Hospitality Trust and gave the company a buy rating in a report on Friday, December 7th. Finally, Zacks Investment Research lowered Ashford Hospitality Trust from a hold rating to a sell rating in a report on Tuesday, December 4th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of $7.75.

Shares of NYSE AHT traded down $0.21 during mid-day trading on Friday, reaching $5.12. 352,754 shares of the company traded hands, compared to its average volume of 411,457. The company has a debt-to-equity ratio of 7.79, a quick ratio of 3.67 and a current ratio of 3.67. The firm has a market cap of $538.53 million, a price-to-earnings ratio of 3.74, a P/E/G ratio of 1.06 and a beta of 1.73. Ashford Hospitality Trust has a fifty-two week low of $3.85 and a fifty-two week high of $8.66.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 9.38%. The ex-dividend date was Friday, December 28th. Ashford Hospitality Trust’s dividend payout ratio (DPR) is currently 35.04%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AHT. United Services Automobile Association grew its holdings in Ashford Hospitality Trust by 160.2% in the 2nd quarter. United Services Automobile Association now owns 242,203 shares of the real estate investment trust’s stock valued at $1,962,000 after buying an additional 149,118 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in Ashford Hospitality Trust in the 3rd quarter valued at approximately $173,000. Bank of Montreal Can grew its holdings in Ashford Hospitality Trust by 33.9% in the 3rd quarter. Bank of Montreal Can now owns 138,442 shares of the real estate investment trust’s stock valued at $885,000 after buying an additional 35,069 shares during the last quarter. Foundry Partners LLC grew its holdings in Ashford Hospitality Trust by 2.5% in the 3rd quarter. Foundry Partners LLC now owns 1,288,345 shares of the real estate investment trust’s stock valued at $8,233,000 after buying an additional 31,097 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its position in shares of Ashford Hospitality Trust by 100.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 60,714 shares of the real estate investment trust’s stock worth $440,000 after acquiring an additional 30,357 shares during the period. 73.83% of the stock is currently owned by hedge funds and other institutional investors.

About Ashford Hospitality Trust

Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing opportunistically in the hospitality industry in upper upscale, full-service hotels.

Featured Article: What Are Treasury Bonds?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Ashford Hospitality Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashford Hospitality Trust and related companies with MarketBeat.com's FREE daily email newsletter.