Ashford Hospitality Trust Inc. (NYSE:AHT) shares fell 2.6% on Thursday . The company traded as low as $6.73 and last traded at $6.79, with a volume of 275,304 shares changing hands. The stock had previously closed at $6.97.

A number of research firms recently weighed in on AHT. Canaccord Genuity reissued a “hold” rating on shares of Ashford Hospitality Trust in a report on Monday, August 8th. Credit Suisse Group AG lowered shares of Ashford Hospitality Trust from an “outperform” rating to a “neutral” rating and cut their target price for the company from $6.00 to $5.00 in a report on Thursday, July 21st. Zacks Investment Research upgraded Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a research report on Monday, July 25th. FBR & Co restated a “buy” rating and issued a $8.00 price target on shares of Ashford Hospitality Trust in a research report on Monday, May 9th. Finally, TheStreet downgraded Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Friday, May 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $6.72.

The firm’s market capitalization is $650.15 million. The firm has a 50 day moving average of $6.37 and a 200-day moving average of $5.78.

Ashford Hospitality Trust (NYSE:AHT) last announced its earnings results on Thursday, August 4th. The real estate investment trust reported $0.60 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.06. The business had revenue of $410.70 million for the quarter, compared to analyst estimates of $406.30 million. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.49 earnings per share. Analysts predict that Ashford Hospitality Trust Inc. will post $1.55 EPS for the current year.

In other news, Director Alan Tallis purchased 4,174 shares of the company’s stock in a transaction that occurred on Tuesday, August 9th. The stock was purchased at an average cost of $25.04 per share, for a total transaction of $104,516.96. Following the completion of the transaction, the director now owns 249,586 shares of the company’s stock, valued at $6,249,633.44. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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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