Ashford Hospitality Trust, Inc. (NYSE:AHT) traded down 6.9% during mid-day trading on Monday . The company traded as low as $5.84 and last traded at $5.84. 822,261 shares were traded during trading, an increase of 89% from the average session volume of 435,232 shares. The stock had previously closed at $6.27.

A number of equities research analysts have recently issued reports on the stock. ValuEngine lowered shares of Ashford Hospitality Trust from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Zacks Investment Research lowered shares of Ashford Hospitality Trust from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Robert W. Baird reissued a “hold” rating and issued a $7.00 price objective on shares of Ashford Hospitality Trust in a report on Friday, November 10th. Finally, B. Riley reissued a “buy” rating on shares of Ashford Hospitality Trust in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $7.42.

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 $568.91, a price-to-earnings ratio of -4.14, a PEG ratio of 0.86 and a beta of 1.32.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Friday, December 29th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.22%. The ex-dividend date of this dividend was Thursday, December 28th. Ashford Hospitality Trust’s dividend payout ratio is currently -34.04%.

Ashford Hospitality Trust announced that its Board of Directors has initiated a share buyback plan 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 buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Several institutional investors and hedge funds have recently made changes to their positions in AHT. Vanguard Group Inc. grew its holdings in shares of Ashford Hospitality Trust by 3.3% in the second 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 during the period. LSV Asset Management lifted its position in Ashford Hospitality Trust by 15.6% in the fourth quarter. LSV Asset Management now owns 2,435,832 shares of the real estate investment trust’s stock valued at $16,393,000 after buying an additional 328,646 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in Ashford Hospitality Trust by 12.1% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,639,999 shares of the real estate investment trust’s stock valued at $11,038,000 after buying an additional 176,995 shares during the last quarter. Chicago Equity Partners LLC lifted its position in Ashford Hospitality Trust by 229.6% in the fourth quarter. Chicago Equity Partners LLC now owns 251,035 shares of the real estate investment trust’s stock valued at $1,689,000 after buying an additional 174,868 shares during the last quarter. Finally, Lido Advisors LLC acquired a new position in Ashford Hospitality Trust in the third quarter valued at about $1,124,000. 71.25% of the stock is owned by hedge funds and other institutional investors.

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About Ashford Hospitality Trust

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.

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