Ashford Hospitality Trust Inc (NYSE:AHT) – Stock analysts at B. Riley increased their FY2017 earnings per share (EPS) estimates for Ashford Hospitality Trust in a note issued to investors on Monday. B. Riley analyst B. Maher now forecasts that the real estate investment trust will post earnings of $1.33 per share for the year, up from their prior forecast of $1.30. B. Riley has a “Buy” rating on the stock.

Ashford Hospitality Trust (NYSE:AHT) last posted its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.02). Ashford Hospitality Trust had a negative return on equity of 10.79% and a negative net margin of 5.61%. The firm had revenue of $353.33 million for the quarter, compared to the consensus estimate of $360.10 million. During the same period in the prior year, the company earned $0.40 EPS. The company’s revenue for the quarter was down 5.0% compared to the same quarter last year.

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Several other equities research analysts have also recently weighed in on AHT. BidaskClub cut shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. ValuEngine cut shares of Ashford Hospitality Trust from a “strong-buy” rating to a “buy” rating in a research report on Monday, August 7th. Cantor Fitzgerald cut their price objective on shares of Ashford Hospitality Trust from $8.00 to $7.50 and set a “buy” rating for the company in a research report on Friday, August 11th. Finally, Zacks Investment Research raised shares of Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a research report on Thursday, September 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $7.58.

Shares of Ashford Hospitality Trust (NYSE AHT) opened at $6.36 on Wednesday. Ashford Hospitality Trust has a 52-week low of $5.68 and a 52-week high of $8.23. The company has a debt-to-equity ratio of 5.29, a quick ratio of 4.37 and a current ratio of 3.94. The firm has a market cap of $618.59, a PE ratio of 4.88, a P/E/G ratio of 0.92 and a beta of 1.53.

Hedge funds and other institutional investors have recently modified their holdings of the business. DORCHESTER WEALTH MANAGEMENT Co acquired a new position in Ashford Hospitality Trust during the second quarter worth about $116,000. SG Americas Securities LLC increased its stake in shares of Ashford Hospitality Trust by 80.5% in the third quarter. SG Americas Securities LLC now owns 20,316 shares of the real estate investment trust’s stock valued at $136,000 after buying an additional 9,060 shares during the period. Verition Fund Management LLC acquired a new position in shares of Ashford Hospitality Trust in the second quarter valued at approximately $148,000. Schroder Investment Management Group acquired a new position in shares of Ashford Hospitality Trust in the third quarter valued at approximately $156,000. Finally, Eqis Capital Management Inc. increased its stake in shares of Ashford Hospitality Trust by 5.8% in the second quarter. Eqis Capital Management Inc. now owns 27,113 shares of the real estate investment trust’s stock valued at $165,000 after buying an additional 1,481 shares during the period. 70.57% of the stock is owned by hedge funds and other institutional investors.

The firm also recently announced a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Saturday, September 30th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 7.55%. The ex-dividend date was Thursday, September 28th. Ashford Hospitality Trust’s payout ratio is -35.04%.

Ashford Hospitality Trust Company Profile

Ashford Hospitality Trust, Inc is an externally-advised real estate investment trust (REIT). The Company is focused on investing in the hospitality industry with a focus on full-service upscale and upper-upscale hotels in the United States. The Company owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership (Ashford Trust OP), its operating partnership.

Earnings History and Estimates for Ashford Hospitality Trust (NYSE:AHT)

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