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

Several equities research analysts have weighed in on AHT shares. FBR & Co reissued a “buy” rating and issued a $8.00 price target on shares of Ashford Hospitality Trust in a report on Monday, May 9th. Zacks Investment Research raised Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a report on Tuesday, June 21st. Deutsche Bank AG reissued a “buy” rating on shares of Ashford Hospitality Trust in a report on Sunday, June 26th. Credit Suisse Group AG downgraded Ashford Hospitality Trust from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $6.00 to $5.00 in a report on Thursday. Finally, Janney Montgomery Scott started coverage on Ashford Hospitality Trust in a report on Monday, May 23rd. They issued a “neutral” rating and a $5.00 price target for the company. Four research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $7.94.

The firm’s 50-day moving average is $5.46 and its 200 day moving average is $5.50. The company’s market capitalization is $577.94 million.

Ashford Hospitality Trust (NYSE:AHT) last released its quarterly earnings data on Thursday, May 5th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by $0.02. The firm earned $367.77 million during the quarter, compared to analyst estimates of $357.88 million. The business’s quarterly revenue was up 47.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.30 earnings per share. On average, equities analysts predict that Ashford Hospitality Trust Inc. will post $1.52 EPS for the current year.

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

In other Ashford Hospitality Trust news, Director Benjamin J. Md Ansell acquired 5,800 shares of the stock in a transaction dated Thursday, May 12th. The stock was acquired at an average cost of $5.66 per share, with a total value of $32,828.00. Following the transaction, the director now owns 52,800 shares in the company, valued at approximately $298,848. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Several hedge funds and institutional investors have added to or reduced their stakes in AHT. Dimensional Fund Advisors LP boosted its position 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 valued at $8,467,000 after buying an additional 6,591 shares in the last quarter. Mutual of America Capital Management LLC boosted its position 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 valued at $1,091,000 after buying an additional 10,206 shares in the last quarter. Systematic Financial Management LP acquired a new position in Ashford Hospitality Trust during the fourth quarter valued at about $1,577,000. Matarin Capital Management LLC acquired a new position in Ashford Hospitality Trust during the fourth quarter valued at about $1,843,000. Finally, Rutabaga Capital Management LLC MA boosted its position 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 valued at $16,512,000 after buying an additional 309,600 shares in the last quarter.

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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