Price Action Don’t Lie: Is Buying Stock Like Ashford Hospitality Trust, Inc. After Such Increase Winning Strategy?

Price Action Don't Lie: Is Buying Stock Like Ashford Hospitality Trust, Inc. After Such Increase Winning Strategy?

The stock of Ashford Hospitality Trust, Inc. (NYSE:AHT) is a huge mover today! About 199,029 shares traded hands. Ashford Hospitality Trust, Inc. (NYSE:AHT) has risen 16.61% since April 26, 2016 and is uptrending. It has outperformed by 11.35% the S&P500.
The move comes after 9 months positive chart setup for the $654.78 million company. It was reported on Nov, 29 by Barchart.com. We have $7.12 PT which if reached, will make NYSE:AHT worth $19.64M more.

Analysts await Ashford Hospitality Trust, Inc. (NYSE:AHT) to report earnings on February, 23. They expect $0.22 earnings per share, down 15.38% or $0.04 from last year’s $0.26 per share. AHT’s profit will be $20.85 million for 7.85 P/E if the $0.22 EPS becomes a reality. After $0.40 actual earnings per share reported by Ashford Hospitality Trust, Inc. for the previous quarter, Wall Street now forecasts -45.00% 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. $69 is the highest target while $4.50 is the lowest. The $8.23 average target is 19.10% above today’s ($6.91) stock price. Ashford Hospitality Trust has been the topic of 20 analyst reports since August 9, 2015 according to StockzIntelligence Inc. As per Wednesday, August 12, the company rating was downgraded by Bank of America. Cantor Fitzgerald maintained Ashford Hospitality Trust, Inc. (NYSE:AHT) rating on Sunday, August 9. Cantor Fitzgerald has “Buy” rating and $12 price target. As per Thursday, July 21, the company rating was downgraded by Credit Suisse. As per Monday, November 9, the company rating was maintained by Canaccord Genuity. Janney Capital initiated Ashford Hospitality Trust, Inc. (NYSE:AHT) on Wednesday, March 23 with “Neutral” rating. The stock of Ashford Hospitality Trust, Inc. (NYSE:AHT) has “Market Outperform” rating given on Tuesday, August 11 by JMP Securities. The rating was downgraded by JMP Securities to “Mkt Perform” on Monday, January 11. As per Friday, November 20, the company rating was initiated by FBR Capital. The stock of Ashford Hospitality Trust, Inc. (NYSE:AHT) earned “Outperform” rating by Robert W. Baird on Wednesday, March 9. The company was maintained on Tuesday, February 16 by Credit Suisse.

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 increased to 1.31 in Q2 2016. Its up 0.43, from 0.88 in 2016Q1. The ratio is positive, 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.
Blackrock Invest Ltd Com last reported 349,891 shares in the company. State Board Of Administration Of Florida Retirement Systems holds 67,169 shares or 0% of its portfolio. Hbk Invests Lp, a Texas-based fund reported 228,315 shares. The United Kingdom-based Blackrock Gp Ltd has invested 0% in Ashford Hospitality Trust, Inc. (NYSE:AHT). Wellington Shields Ltd Limited Liability Company has 20,415 shares for 0.02% of their US portfolio. Bnp Paribas Arbitrage Sa reported 5,056 shares or 0% of all its holdings. Blackrock Institutional Trust Na accumulated 3.33M shares or 0% of the stock. Retail Bank Of America De has 0% invested in the company for 280,081 shares. Paloma Prns Mngmt has 11,552 shares for 0% of their US portfolio. The New Mexico-based New Mexico Educational Retirement Board has invested 0% in Ashford Hospitality Trust, Inc. (NYSE:AHT). Regions Fincl holds 100,993 shares or 0.01% of its portfolio. Envestnet Asset, a Illinois-based fund reported 15,334 shares. Renaissance Techs Lc has 0.01% invested in the company for 1.11M shares. Wfg Advisors L P has invested 0.03% of its portfolio in Ashford Hospitality Trust, Inc. (NYSE:AHT). Aqr Cap Ltd Com accumulated 204,083 shares or 0% of the stock.

Insider Transactions: Since August 8, 2016, the stock had 1 insider purchase, and 0 sales for $104,507 net activity. TALLIS ALAN bought $104,507 worth of Ashford Hospitality Trust, Inc. (NYSE:AHT) on Monday, August 8.

More notable recent Ashford Hospitality Trust, Inc. (NYSE:AHT) news were published by: Prnewswire.com which released: “Rambleside Calls for Ashford Hospitality Trust, Inc. To Explore Strategic …” on February 29, 2016, also Prnewswire.com with their article: “Ashford Trust Completes Refinancing Of Four Mortgage Loans” published on October 10, 2016, Prnewswire.com published: “Ashford Trust Announces Appointment Of New Independent Director” on September 07, 2016. More interesting news about Ashford Hospitality Trust, Inc. (NYSE:AHT) were released by: Prnewswire.com and their article: “Ashford Trust Announces Sale of SpringHill Suites Gaithersburg & Redemption of …” published on October 04, 2016 as well as Prnewswire.com‘s news article titled: “Ashford Trust Completes Sale Of Hampton Inn & Suites Gainesville” with publication date: September 01, 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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