Arrow Investment Advisors LLC cut its holdings in Ashford Hospitality Trust Inc (NYSE:AHT) by 11.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,544 shares of the real estate investment trust’s stock after selling 11,310 shares during the period. Arrow Investment Advisors LLC owned approximately 0.09% of Ashford Hospitality Trust worth $540,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Matarin Capital Management LLC bought a new stake in Ashford Hospitality Trust in the first quarter worth $5,949,000. Smith Asset Management Group LP boosted its holdings in Ashford Hospitality Trust by 64.8% during the first quarter. Smith Asset Management Group LP now owns 20,825 shares of the real estate investment trust’s stock valued at $135,000 after acquiring an additional 8,192 shares during the period. Quantitative Systematic Strategies LLC bought a new stake in Ashford Hospitality Trust during the first quarter valued at about $104,000. Massachusetts Financial Services Co. MA boosted its holdings in Ashford Hospitality Trust by 18.4% during the first quarter. Massachusetts Financial Services Co. MA now owns 172,405 shares of the real estate investment trust’s stock valued at $1,114,000 after acquiring an additional 26,796 shares during the period. Finally, Zeke Capital Advisors LLC bought a new stake in Ashford Hospitality Trust during the first quarter valued at about $104,000. Hedge funds and other institutional investors own 72.40% of the company’s stock.

AHT stock opened at $7.37 on Friday. The company has a debt-to-equity ratio of 6.36, a current ratio of 3.67 and a quick ratio of 3.67. Ashford Hospitality Trust Inc has a 52-week low of $5.42 and a 52-week high of $7.49. The stock has a market cap of $718.07 million, a price-to-earnings ratio of 5.38, a PEG ratio of 1.17 and a beta of 1.35.

Ashford Hospitality Trust (NYSE:AHT) last released its earnings results on Thursday, March 1st. The real estate investment trust reported ($0.50) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.71). Ashford Hospitality Trust had a negative net margin of 4.75% and a negative return on equity of 10.19%. The company had revenue of $341.57 million during the quarter, compared to the consensus estimate of $334.44 million. equities analysts anticipate that Ashford Hospitality Trust Inc will post 1.24 EPS for the current fiscal year.

A number of equities research analysts have issued reports on AHT shares. ValuEngine cut shares of Ashford Hospitality Trust from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Deutsche Bank decreased their price target on shares of Ashford Hospitality Trust from $9.00 to $8.00 and set a “buy” rating for the company in a report on Friday, February 9th. B. Riley set a $8.00 price target on shares of Ashford Hospitality Trust and gave the company a “buy” rating in a report on Friday, March 2nd. Cantor Fitzgerald set a $8.00 price target on shares of Ashford Hospitality Trust and gave the company a “buy” rating in a report on Monday, March 5th. Finally, Zacks Investment Research cut shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Monday, March 26th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $7.50.

Ashford Hospitality Trust Company Profile

Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing opportunistically in the hospitality industry in upper upscale, full-service hotels.

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

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