Macquarie Group Ltd. lowered its holdings in shares of Ashford Hospitality Trust Inc (NYSE:AHT) by 13.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,900 shares of the real estate investment trust’s stock after selling 13,900 shares during the period. Macquarie Group Ltd. owned about 0.09% of Ashford Hospitality Trust worth $528,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AHT. Vanguard Group Inc. boosted its stake in Ashford Hospitality Trust by 7.3% during the first quarter. Vanguard Group Inc. now owns 16,469,252 shares of the real estate investment trust’s stock worth $104,909,000 after buying an additional 1,121,239 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in Ashford Hospitality Trust by 30.3% during the second 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 buying an additional 302,950 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Ashford Hospitality Trust by 15.2% during the first quarter. Renaissance Technologies LLC now owns 2,135,900 shares of the real estate investment trust’s stock worth $13,606,000 after buying an additional 282,600 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Ashford Hospitality Trust by 109.7% during the first quarter. Goldman Sachs Group Inc. now owns 402,558 shares of the real estate investment trust’s stock worth $2,565,000 after buying an additional 210,619 shares in the last quarter. Finally, Kennedy Capital Management Inc. boosted its stake in Ashford Hospitality Trust by 60.2% during the second quarter. Kennedy Capital Management Inc. now owns 548,216 shares of the real estate investment trust’s stock worth $3,333,000 after buying an additional 206,068 shares in the last quarter. Hedge funds and other institutional investors own 70.33% of the company’s stock.

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A number of equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Ashford Hospitality Trust from a “hold” rating to a “buy” rating and set a $7.75 price target on the stock in a research note on Tuesday, October 10th. Cantor Fitzgerald reiterated a “buy” rating and set a $7.50 price target on shares of Ashford Hospitality Trust in a research note on Tuesday, October 3rd. ValuEngine upgraded shares of Ashford Hospitality Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, September 13th. Finally, BidaskClub downgraded shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. Ashford Hospitality Trust has a consensus rating of “Hold” and a consensus target price of $7.50.

Shares of Ashford Hospitality Trust Inc (AHT) opened at 6.90 on Tuesday. The firm’s market cap is $672.27 million. 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.

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

The business also recently announced a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Saturday, September 30th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 6.96%. The ex-dividend date of this dividend was Thursday, September 28th. Ashford Hospitality Trust’s dividend payout ratio (DPR) 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.

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

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