SG Americas Securities LLC increased its position in Ashford Hospitality Trust, Inc. (NYSE:AHT) by 80.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,316 shares of the real estate investment trust’s stock after buying an additional 9,060 shares during the quarter. SG Americas Securities LLC’s holdings in Ashford Hospitality Trust were worth $136,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AHT. Vanguard Group Inc. increased its holdings in Ashford Hospitality Trust by 3.3% in the 2nd quarter. Vanguard Group Inc. now owns 17,010,778 shares of the real estate investment trust’s stock valued at $103,426,000 after purchasing an additional 541,526 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in Ashford Hospitality Trust by 30.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,301,506 shares of the real estate investment trust’s stock valued at $7,914,000 after purchasing an additional 302,950 shares in the last quarter. Kennedy Capital Management Inc. increased its holdings in Ashford Hospitality Trust by 60.2% in the 2nd quarter. Kennedy Capital Management Inc. now owns 548,216 shares of the real estate investment trust’s stock valued at $3,333,000 after purchasing an additional 206,068 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Ashford Hospitality Trust by 1,161.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 168,205 shares of the real estate investment trust’s stock valued at $1,022,000 after purchasing an additional 154,869 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Ashford Hospitality Trust by 5.9% in the 2nd quarter. Renaissance Technologies LLC now owns 2,262,000 shares of the real estate investment trust’s stock valued at $13,753,000 after purchasing an additional 126,100 shares in the last quarter. Hedge funds and other institutional investors own 71.01% of the company’s stock.

AHT has been the subject of several recent analyst reports. Zacks Investment Research upgraded Ashford Hospitality Trust from a “hold” rating to a “buy” rating and set a $7.75 target price for the company in a research note on Tuesday, October 10th. Cantor Fitzgerald restated a “buy” rating and set a $7.50 target price on shares of Ashford Hospitality Trust in a research note on Tuesday, October 3rd. ValuEngine upgraded Ashford Hospitality Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, September 13th. Finally, Robert W. Baird restated a “hold” rating and set a $7.00 target price on shares of Ashford Hospitality Trust in a research note on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $7.42.

Shares of Ashford Hospitality Trust, Inc. (AHT) opened at $6.82 on Friday. The company has a debt-to-equity ratio of 5.29, a quick ratio of 3.94 and a current ratio of 3.94. The firm has a market capitalization of $662.43, a PE ratio of -4.98, a PEG ratio of 0.99 and a beta of 1.49. Ashford Hospitality Trust, Inc. has a 52 week low of $5.68 and a 52 week high of $8.23.

Ashford Hospitality Trust (NYSE:AHT) last announced its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.02). The business had revenue of $353.33 million for the quarter, compared to analyst estimates of $360.10 million. Ashford Hospitality Trust had a negative net margin of 5.61% and a negative return on equity of 10.79%. The firm’s revenue was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.40 earnings per share. sell-side analysts predict that Ashford Hospitality Trust, Inc. will post 1.38 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be paid a $0.12 dividend. The ex-dividend date is Thursday, December 28th. This represents a $0.48 dividend on an annualized basis and a yield of 7.04%. Ashford Hospitality Trust’s dividend payout ratio (DPR) is -35.04%.

Ashford Hospitality Trust declared that its board has approved a share buyback program on Monday, December 11th that permits the company to repurchase $200.00 million in shares. This repurchase authorization permits the real estate investment trust to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

COPYRIGHT VIOLATION NOTICE: “SG Americas Securities LLC Raises Position in Ashford Hospitality Trust, Inc. (AHT)” was first posted by Daily Political and is owned by of Daily Political. If you are accessing this news story on another website, it was illegally copied and republished in violation of US and international copyright legislation. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/12/29/sg-americas-securities-llc-raises-position-in-ashford-hospitality-trust-inc-aht.html.

Ashford Hospitality Trust 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.

Institutional Ownership by Quarter for Ashford Hospitality Trust (NYSE:AHT)

Receive News & Ratings for Ashford Hospitality Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashford Hospitality Trust and related companies with MarketBeat.com's FREE daily email newsletter.