Ashford Hospitality Trust Inc. (NYSE:AHT) traded down 2.8% during trading on Thursday . The stock traded as low as $5.80 and last traded at $5.99, with a volume of 611,660 shares traded. The stock had previously closed at $6.16.

Several equities research analysts recently commented on the company. Credit Suisse Group AG downgraded Ashford Hospitality Trust from an “outperform” rating to an “underperform” rating and reduced their price objective for the stock from $6.00 to $5.00 in a report on Thursday. Zacks Investment Research downgraded Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Tuesday, July 12th. Deutsche Bank AG reiterated a “buy” rating on shares of Ashford Hospitality Trust in a report on Sunday, June 26th. Janney Montgomery Scott assumed coverage on Ashford Hospitality Trust in a report on Monday, May 23rd. They issued a “neutral” rating and a $5.00 price objective for the company. Finally, TheStreet downgraded Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Friday, May 6th. Four analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. Ashford Hospitality Trust currently has an average rating of “Hold” and a consensus target price of $7.94.

The stock’s 50-day moving average price is $5.41 and its 200 day moving average price is $5.50. The company’s market capitalization is $577.94 million.

Ashford Hospitality Trust (NYSE:AHT) last issued its quarterly earnings data on Thursday, May 5th. The real estate investment trust reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by $0.02. The company earned $367.77 million during the quarter, compared to analysts’ expectations of $357.88 million. Ashford Hospitality Trust’s revenue was up 47.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.30 EPS. Analysts predict that Ashford Hospitality Trust Inc. will post $1.53 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Thursday, June 30th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.95%. The ex-dividend date was Tuesday, June 28th.

In other Ashford Hospitality Trust news, Director Benjamin J. Md Ansell purchased 5,800 shares of the firm’s stock in a transaction on Thursday, May 12th. The stock was bought at an average cost of $5.66 per share, for a total transaction of $32,828.00. Following the completion of the purchase, the director now owns 52,800 shares in the company, valued at approximately $298,848. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Other large investors have added to or reduced their stakes in the company. Rutabaga Capital Management LLC MA boosted its stake in Ashford Hospitality Trust by 13.4% in the fourth quarter. Rutabaga Capital Management LLC MA now owns 2,616,732 shares of the real estate investment trust’s stock worth $16,512,000 after buying an additional 309,600 shares during the period. Dimensional Fund Advisors LP boosted its stake in Ashford Hospitality Trust by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,341,828 shares of the real estate investment trust’s stock worth $8,467,000 after buying an additional 6,591 shares during the period. Matarin Capital Management LLC acquired a new stake in Ashford Hospitality Trust during the fourth quarter worth approximately $1,843,000. Systematic Financial Management LP acquired a new stake in Ashford Hospitality Trust during the fourth quarter worth approximately $1,577,000. Finally, Mutual of America Capital Management LLC boosted its stake in Ashford Hospitality Trust by 6.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 172,949 shares of the real estate investment trust’s stock worth $1,091,000 after buying an additional 10,206 shares during the period.

Ashford Hospitality Trust, Inc (Ashford), together with its subsidiaries, is an externally advised real estate investment trust (REIT). The Company operates through direct hotel investments segment. It is focused on investing in the hospitality industry with a focus on full-service upscale and upper-upscale hotels in the United States.

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