The stock of Ashford Hospitality Trust, Inc. (NYSE:AHT) is a huge mover today! Ashford Hospitality Trust, Inc. (NYSE:AHT) has risen 5.79% since March 15, 2016 and is uptrending. It has outperformed by 0.30% the S&P500.
The move comes after 9 months positive chart setup for the $559.69M company. It was reported on Oct, 18 by Barchart.com. We have $9.18 PT which if reached, will make NYSE:AHT worth $324.62 million more.
Analysts await Ashford Hospitality Trust, Inc. (NYSE:AHT) to report earnings on November, 2. They expect $0.35 EPS, 0.00% or $0.00 from last year’s $0.35 per share. AHT’s profit will be $33.72 million for 4.15 P/E if the $0.35 EPS becomes a reality. After $0.60 actual EPS reported by Ashford Hospitality Trust, Inc. for the previous quarter, Wall Street now forecasts -41.67% negative EPS growth.
Ashford Hospitality Trust, Inc. (NYSE:AHT) Ratings Coverage
Out of 7 analysts covering Ashford Hospitality Trust (NYSE:AHT), 2 rate it a “Buy”, 3 “Sell”, while 2 “Hold”. This means 29% are positive. Ashford Hospitality Trust has been the topic of 20 analyst reports since August 9, 2015 according to StockzIntelligence Inc. The stock of Ashford Hospitality Trust, Inc. (NYSE:AHT) earned “Sell” rating by UBS on Tuesday, October 27. As per Monday, November 9, the company rating was maintained by Canaccord Genuity. Cantor Fitzgerald maintained the shares of AHT in a report on Sunday, August 9 with “Buy” rating. The rating was downgraded by JMP Securities to “Mkt Perform” on Monday, January 11. Robert W. Baird maintained the stock with “Outperform” rating in Wednesday, March 9 report. As per Friday, November 20, the company rating was initiated by FBR Capital. The firm has “Underperform” rating given on Wednesday, August 12 by Bank of America. The stock of Ashford Hospitality Trust, Inc. (NYSE:AHT) earned “Neutral” rating by Credit Suisse on Tuesday, February 16. As per Thursday, July 21, the company rating was downgraded by Credit Suisse. The firm has “Market Outperform” rating given on Tuesday, August 11 by JMP Securities.
According to Zacks Investment Research, “Ashford Hospitality Trust Inc is a self advised Maryland corporation and real estate investment trust organized to pursue opportunities in the lodging industry. Initial assets consist of six hotels comprised of four Embassy Suites and two Radisson properties as well as eight asset management and consulting agreements.”
Insitutional Activity: The institutional sentiment decreased to 0.88 in Q2 2016. Its down 0.37, from 1.25 in 2016Q1. The ratio turned negative, as 19 funds sold all Ashford Hospitality Trust, Inc. shares owned while 54 reduced positions. 16 funds bought stakes while 48 increased positions. They now own 66.62 million shares or 3.79% less from 69.25 million shares in 2016Q1.
Lsv Asset Management accumulated 0.03% or 2.37 million shares. Comerica Retail Bank has 0.01% invested in the company for 99,491 shares. Smith Asset Mgmt Gp L P has 0% invested in the company for 3,186 shares. Teachers Advsr holds 0% or 127,624 shares in its portfolio. Rhumbline Advisers holds 0% or 131,372 shares in its portfolio. Legal General Gp Inc Public Limited has 0% invested in the company for 222,070 shares. Goodwin Daniel L holds 0.08% of its portfolio in Ashford Hospitality Trust, Inc. (NYSE:AHT) for 46,523 shares. The New Mexico-based New Mexico Educational Retirement Board has invested 0% in Ashford Hospitality Trust, Inc. (NYSE:AHT). Zurcher Kantonalbank (Zurich Cantonalbank) holds 6,190 shares or 0% of its portfolio. Suntrust Banks Inc holds 13,802 shares or 0% of its portfolio. Eqis Management holds 35,654 shares or 0.01% of its portfolio. The New York-based Spirit Of America Management Ny has invested 0.12% in Ashford Hospitality Trust, Inc. (NYSE:AHT). The New York-based Millennium Mngmt Limited Liability has invested 0% in Ashford Hospitality Trust, Inc. (NYSE:AHT). Moreover, Ironwood Invest Mngmt Lc has 0.95% invested in Ashford Hospitality Trust, Inc. (NYSE:AHT) for 236,525 shares. Mizuho Trust And Banking last reported 15,733 shares in the company.
Insider Transactions: Since May 12, 2016, the stock had 3 buys, and 0 selling transactions for $152,185 net activity. $104,507 worth of shares were bought by TALLIS ALAN on Monday, August 8. Ansell Benjamin J MD bought $32,828 worth of stock.
More important recent Ashford Hospitality Trust, Inc. (NYSE:AHT) news were published by: Prnewswire.com which released: “Ashford Trust Prices Public Offering Of Preferred Stock” on October 13, 2016, also Prnewswire.com published article titled: “Ashford Trust Completes Sale Of Palm Desert Hotels”, Fool.com published: “Ashford Hospitality Trust: Too Good to Be True?” on August 16, 2016. More interesting news about Ashford Hospitality Trust, Inc. (NYSE:AHT) was released by: Prnewswire.com and their article: “Rambleside Calls for Ashford Hospitality Trust, Inc. To Explore Strategic …” with publication date: February 29, 2016.
AHT Company Profile
Ashford Hospitality Trust, Inc. (Ashford), incorporated on May 13, 2003, together with its subsidiaries, is an externally-advised real estate investment trust (REIT). The Firm operates through direct hotel investments segment. The Firm is focused on investing in the hospitality industry with a focus on full-service upscale and upper-upscale hotels in the United States. The Firm owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership (Ashford Trust OP), its operating partnership. The Company’s hotels are primarily operated under the brands of Hilton, Hyatt, Marriott, Starwood and Intercontinental Hotels Group. The Company’s hotels are located in the United States. The Company’s hotels portfolio is asset-managed by Ashford LLC.
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