Ashford Hospitality Trust Inc (NYSE:AHT) Director Alan Tallis sold 10,900 shares of the business’s stock in a transaction on Tuesday, July 3rd. The shares were sold at an average price of $8.34, for a total transaction of $90,906.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Alan Tallis also recently made the following trade(s):
- On Thursday, July 5th, Alan Tallis sold 20,000 shares of Ashford Hospitality Trust stock. The shares were sold at an average price of $8.42, for a total transaction of $168,400.00.
- On Friday, June 29th, Alan Tallis sold 10,000 shares of Ashford Hospitality Trust stock. The shares were sold at an average price of $8.01, for a total transaction of $80,100.00.
Ashford Hospitality Trust traded down $0.05, reaching $8.54, during mid-day trading on Friday, Marketbeat.com reports. 426,381 shares of the stock traded hands, compared to its average volume of 517,443. The company has a quick ratio of 3.67, a current ratio of 3.67 and a debt-to-equity ratio of 6.36. Ashford Hospitality Trust Inc has a one year low of $5.42 and a one year high of $8.66. The stock has a market capitalization of $835.45 million, a price-to-earnings ratio of 6.23, a price-to-earnings-growth ratio of 1.36 and a beta of 1.30.
Ashford Hospitality Trust (NYSE:AHT) last posted its quarterly earnings data on Thursday, May 3rd. The real estate investment trust reported ($0.39) earnings per share for the quarter, meeting the Zacks’ consensus estimate of ($0.39). Ashford Hospitality Trust had a negative net margin of 4.75% and a negative return on equity of 10.19%. The business had revenue of $342.21 million for the quarter, compared to analysts’ expectations of $349.42 million. equities research analysts expect that Ashford Hospitality Trust Inc will post 1.25 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Monday, July 16th. Stockholders of record on Friday, June 29th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date of this dividend is Thursday, June 28th. Ashford Hospitality Trust’s dividend payout ratio is currently 35.04%.
AHT has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Ashford Hospitality Trust from a “strong sell” rating to a “hold” rating in a research report on Wednesday. Robert W. Baird boosted their price objective on shares of Ashford Hospitality Trust from $7.00 to $8.00 and gave the company a “neutral” rating in a research report on Wednesday, June 27th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $7.80.
Several institutional investors and hedge funds have recently modified their holdings of AHT. Zeke Capital Advisors LLC purchased a new stake in shares of Ashford Hospitality Trust during the first quarter valued at $104,000. Quantitative Systematic Strategies LLC purchased a new stake in shares of Ashford Hospitality Trust during the first quarter valued at $104,000. Smith Asset Management Group LP boosted its stake in shares of Ashford Hospitality Trust by 64.8% during the first quarter. Smith Asset Management Group LP now owns 20,825 shares of the real estate investment trust’s stock valued at $135,000 after purchasing an additional 8,192 shares during the period. MetLife Investment Advisors LLC purchased a new stake in shares of Ashford Hospitality Trust during the fourth quarter valued at $162,000. Finally, AMP Capital Investors Ltd boosted its stake in shares of Ashford Hospitality Trust by 80.2% during the fourth quarter. AMP Capital Investors Ltd now owns 24,247 shares of the real estate investment trust’s stock valued at $163,000 after purchasing an additional 10,788 shares during the period. 72.35% of the stock is owned by hedge funds and other institutional investors.
Ashford Hospitality Trust Company Profile
Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing opportunistically in the hospitality industry in upper upscale, full-service hotels.
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