Ashford Hospitality Prime (NYSE:AHP) Earns News Impact Rating of 0.29
Headlines about Ashford Hospitality Prime (NYSE:AHP) have trended positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ashford Hospitality Prime earned a news sentiment score of 0.29 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 46.394102972153 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern’s scoring:
- Ashford Hospitality Prime, Inc. (NYSE:AHP) Sees Heavy Trading Volume with 581K Shares Changing Hands (highlightpress.com)
- Ashford Hospitality Prime, Inc. (AHP) Consensus Earnings Outlook (overnewsmagazine.com)
- Ashford Hospitality Prime, Inc. breached its 50 day moving average in a Bearish Manner : AHP-US : August 4, 2017 (finance.yahoo.com)
- Ashford Hospitality Prime, Inc. (NYSE:AHP) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
- Edited Transcript of AHP earnings conference call or presentation 3-Aug-17 3:00pm GMT (finance.yahoo.com)
Shares of Ashford Hospitality Prime (NYSE:AHP) opened at 10.15 on Tuesday. The stock has a market cap of $324.31 million, a P/E ratio of 26.43 and a beta of 1.16. The company’s 50-day moving average is $10.35 and its 200-day moving average is $11.11. Ashford Hospitality Prime has a 12-month low of $9.28 and a 12-month high of $16.25.
The company also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were issued a $0.16 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.31%. Ashford Hospitality Prime’s dividend payout ratio (DPR) is presently 177.78%.
Several analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Ashford Hospitality Prime from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a report on Wednesday, July 5th. Canaccord Genuity reaffirmed a “hold” rating and issued a $11.00 target price on shares of Ashford Hospitality Prime in a report on Monday, June 26th. BidaskClub downgraded shares of Ashford Hospitality Prime from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. ValuEngine downgraded shares of Ashford Hospitality Prime from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Deutsche Bank AG raised shares of Ashford Hospitality Prime from a “hold” rating to a “buy” rating and lowered their target price for the company from $14.00 to $13.00 in a report on Friday, June 9th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $13.60.
Ashford Hospitality Prime Company Profile
Ashford Hospitality Prime, Inc invests in high revenue per available room (RevPAR), luxury hotels and resorts. The Company conducts its business and owns all of its assets through its operating partnership, Ashford Hospitality Prime Limited Partnership (Ashford Prime OP). The Company operates in the direct hotel investment segment of the hotel lodging industry.
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