Lido Advisors LLC Buys Shares of 160,000 Ashford Hospitality Trust, Inc. (AHT)

Lido Advisors LLC bought a new stake in shares of Ashford Hospitality Trust, Inc. (NYSE:AHT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 160,000 shares of the real estate investment trust’s stock, valued at approximately $1,124,000. Lido Advisors LLC owned about 0.16% of Ashford Hospitality Trust as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its position in shares of Ashford Hospitality Trust by 0.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 170,329 shares of the real estate investment trust’s stock valued at $1,036,000 after purchasing an additional 674 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Ashford Hospitality Trust by 2.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 44,198 shares of the real estate investment trust’s stock valued at $269,000 after purchasing an additional 1,258 shares during the last quarter. Metropolitan Life Insurance Co. NY increased its position in shares of Ashford Hospitality Trust by 5.2% during the 1st quarter. Metropolitan Life Insurance Co. NY now owns 60,696 shares of the real estate investment trust’s stock valued at $387,000 after purchasing an additional 2,989 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Ashford Hospitality Trust by 7.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 66,243 shares of the real estate investment trust’s stock valued at $403,000 after purchasing an additional 4,434 shares during the last quarter. Finally, Voya Investment Management LLC increased its position in shares of Ashford Hospitality Trust by 13.4% during the 2nd quarter. Voya Investment Management LLC now owns 39,960 shares of the real estate investment trust’s stock valued at $243,000 after purchasing an additional 4,716 shares during the last quarter. 68.51% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms recently issued reports on AHT. ValuEngine cut Ashford Hospitality Trust from a “strong-buy” rating to a “buy” rating in a report on Monday, August 7th. B. Riley restated a “buy” rating on shares of Ashford Hospitality Trust in a report on Wednesday, November 1st. Zacks Investment Research cut Ashford Hospitality Trust from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Finally, Cantor Fitzgerald restated a “buy” rating and set a $7.50 price objective on shares of Ashford Hospitality Trust in a report on Thursday, September 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $7.42.

Ashford Hospitality Trust, Inc. (NYSE AHT) opened at $6.51 on Tuesday. Ashford Hospitality Trust, Inc. has a 1-year low of $5.68 and a 1-year high of $8.23. The company has a current ratio of 3.94, a quick ratio of 3.94 and a debt-to-equity ratio of 5.29. The stock has a market capitalization of $635.15, a price-to-earnings ratio of 5.02, a P/E/G ratio of 0.95 and a beta of 1.49.

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 (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.02). Ashford Hospitality Trust had a negative net margin of 5.61% and a negative return on equity of 10.79%. The business had revenue of $353.33 million for the quarter, compared to analysts’ expectations of $360.10 million. During the same quarter in the previous year, the firm earned $0.40 EPS. Ashford Hospitality Trust’s revenue was down 5.0% compared to the same quarter last year. equities analysts expect that Ashford Hospitality Trust, Inc. will post 1.38 earnings per share for the current year.

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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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