Ashford Hospitality Prime (AHP) Receiving Favorable News Coverage, Report Shows

News articles about Ashford Hospitality Prime (NYSE:AHP) have been trending positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ashford Hospitality Prime earned a media sentiment score of 0.33 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 46.2266916558687 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

AHP has been the topic of several research reports. BidaskClub lowered Ashford Hospitality Prime from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. Canaccord Genuity reiterated a “hold” rating and set a $11.00 price target on shares of Ashford Hospitality Prime in a research report on Monday, June 26th. ValuEngine downgraded shares of Ashford Hospitality Prime from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Robert W. Baird reiterated a “hold” rating and set a $11.00 price target on shares of Ashford Hospitality Prime in a research report on Friday, September 8th. Finally, Zacks Investment Research downgraded shares of Ashford Hospitality Prime from a “buy” rating to a “sell” rating in a research report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $13.17.

Ashford Hospitality Prime (AHP) traded down 0.29% during midday trading on Thursday, reaching $10.22. 233,824 shares of the company traded hands. The firm has a market capitalization of $321.60 million, a price-to-earnings ratio of 26.48 and a beta of 1.17. Ashford Hospitality Prime has a 12 month low of $9.02 and a 12 month high of $14.87. The firm’s 50 day moving average price is $9.73 and its 200 day moving average price is $10.12.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Saturday, September 30th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 6.26%. The ex-dividend date is Thursday, September 28th. Ashford Hospitality Prime’s payout ratio is presently 177.78%.

ILLEGAL ACTIVITY NOTICE: This article was published by Community Financial News and is the property of of Community Financial News. If you are reading this article on another website, it was illegally stolen and republished in violation of international copyright and trademark laws. The legal version of this article can be read at https://www.com-unik.info/2017/10/12/ashford-hospitality-prime-ahp-receiving-favorable-news-coverage-report-shows.html.

About Ashford Hospitality Prime

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.

Insider Buying and Selling by Quarter for Ashford Hospitality Prime (NYSE:AHP)

What are top analysts saying about Ashford Hospitality Prime Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Ashford Hospitality Prime Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit