RMR Advisors LLC Buys 80,000 Shares of Ashford Hospitality Trust Inc (AHT)

RMR Advisors LLC boosted its stake in Ashford Hospitality Trust Inc (NYSE:AHT) by 76.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 185,000 shares of the real estate investment trust’s stock after purchasing an additional 80,000 shares during the period. RMR Advisors LLC owned about 0.19% of Ashford Hospitality Trust worth $1,234,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AHT. DORCHESTER WEALTH MANAGEMENT Co acquired a new stake in Ashford Hospitality Trust in the second quarter valued at $116,000. Verition Fund Management LLC acquired a new stake in Ashford Hospitality Trust in the second quarter valued at $148,000. Eqis Capital Management Inc. increased its holdings in 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 purchasing an additional 1,481 shares during the period. WFG Advisors LP increased its holdings in Ashford Hospitality Trust by 20.1% in the second quarter. WFG Advisors LP now owns 31,230 shares of the real estate investment trust’s stock valued at $190,000 after purchasing an additional 5,230 shares during the period. Finally, Arete Wealth Advisors LLC acquired a new stake in Ashford Hospitality Trust in the second quarter valued at $194,000. Institutional investors and hedge funds own 70.33% of the company’s stock.

AHT has been the subject of a number of recent analyst reports. ValuEngine downgraded Ashford Hospitality Trust from a “strong-buy” rating to a “buy” rating in a report on Monday, August 7th. Cantor Fitzgerald reiterated a “buy” rating and set a $7.50 price target on shares of Ashford Hospitality Trust in a report on Thursday, September 14th. Zacks Investment Research upgraded Ashford Hospitality Trust from a “hold” rating to a “buy” rating and set a $7.75 price target for the company in a report on Tuesday, October 10th. Finally, BidaskClub downgraded Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $7.50.

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Ashford Hospitality Trust Inc (NYSE AHT) traded up 1.74% during trading on Tuesday, hitting $7.02. 112,531 shares of the stock were exchanged. The stock has a 50 day moving average of $6.75 and a 200-day moving average of $6.38. Ashford Hospitality Trust Inc has a 52 week low of $5.35 and a 52 week high of $8.23. The stock’s market cap is $683.96 million.

Ashford Hospitality Trust (NYSE:AHT) last announced its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.03). Ashford Hospitality Trust had a negative net margin of 5.43% and a negative return on equity of 10.41%. The business had revenue of $390.70 million for the quarter, compared to analysts’ expectations of $399.01 million. During the same period in the prior year, the company posted $0.60 earnings per share. The firm’s quarterly revenue was down 4.9% on a year-over-year basis. Equities analysts expect that Ashford Hospitality Trust Inc will post ($1.10) EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Saturday, September 30th were issued a dividend of $0.12 per share. The ex-dividend date was Thursday, September 28th. This represents a $0.48 dividend on an annualized basis and a yield of 6.96%. Ashford Hospitality Trust’s dividend payout ratio is currently -35.82%.

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.

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

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