Ashford Hospitality Trust Inc (NYSE:AHT) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Tuesday.

Other research analysts have also issued research reports about the company. B. Riley reissued a “buy” rating on shares of Ashford Hospitality Trust in a report on Wednesday, November 1st. Cantor Fitzgerald reissued a “buy” rating and set a $7.50 price objective on shares of Ashford Hospitality Trust in a report on Thursday, September 14th. Zacks Investment Research lowered 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 set a $7.00 price objective on shares of Ashford Hospitality Trust in a report on Friday. Finally, BidaskClub lowered 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, four have issued a hold rating and four have given a buy rating to the stock. Ashford Hospitality Trust currently has an average rating of “Hold” and an average price target of $7.42.

Ashford Hospitality Trust (NYSE:AHT) opened at $6.29 on Tuesday. The company has a debt-to-equity ratio of 5.29, a current ratio of 3.94 and a quick ratio of 3.94. Ashford Hospitality Trust has a 52-week low of $5.68 and a 52-week high of $8.23. The firm has a market capitalization of $614.70, a PE ratio of 4.85, a price-to-earnings-growth ratio of 0.92 and a beta of 1.53.

Ashford Hospitality Trust (NYSE:AHT) last issued its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.30 EPS for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.02). The company 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 business’s revenue was down 5.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.40 EPS. sell-side analysts anticipate that Ashford Hospitality Trust will post 1.38 earnings per share for the current year.

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A number of large investors have recently made changes to their positions in AHT. Vanguard Group Inc. boosted its stake in Ashford Hospitality Trust by 7.3% during the 1st quarter. Vanguard Group Inc. now owns 16,469,252 shares of the real estate investment trust’s stock valued at $104,909,000 after purchasing an additional 1,121,239 shares during the period. Schwab Charles Investment Management Inc. lifted its position in shares of 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 worth $7,914,000 after acquiring an additional 302,950 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Ashford Hospitality Trust by 109.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 402,558 shares of the real estate investment trust’s stock worth $2,565,000 after acquiring an additional 210,619 shares during the period. Kennedy Capital Management Inc. lifted its position in shares of 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 worth $3,333,000 after acquiring an additional 206,068 shares during the period. Finally, Lido Advisors LLC bought a new stake in shares of Ashford Hospitality Trust in the 3rd quarter worth approximately $1,124,000. Hedge funds and other institutional investors own 67.60% of the company’s stock.

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.

Analyst Recommendations for Ashford Hospitality Trust (NYSE:AHT)

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