In yesterday’s Wall Street session, Ashford Hospitality Trust Inc. (NYSE:AHT) shares traded at $4.04, down -8.39% from the previous session.
4 analysts cover Ashford Hospitality Trust Inc. (NYSE:AHT), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $26.00 and a low of $6.00, we find $9.00. Given the previous closing price of $4.41, this indicates a potential upside of 104.08 percent. AHT stock price is now -27.38% away from the 50-day moving average and -42.20% away from the 200-day moving average. The market capitalization of the company currently stands at $138.49M.
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The stock has received a hold rating from 3 analysts and a buy rating from 1. Brokers who have rated the stock have averaged $13.67 as their price target over the next twelve months.
With the price target of $10, Oppenheimer recently initiated with Perform rating for Ashford Hospitality Trust Inc. (NYSE: AHT)., while ‘B. Riley FBR’ rates the stock as ‘Neutral’.
In other news, Eubanks Deric S, CFO and Treasurer sold 30 shares of the company’s stock on Dec 27. The stock was sold for $132 at an average price of $4.39. Upon completion of the transaction, the CFO and Treasurer now directly owns 24,895 shares in the company, valued at $0.1 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 27, Director Ansell Benjamin J MD sold 110 shares of the business’s stock. A total of $846 was realized by selling the stock at an average price of $7.69. Insiders disposed of 36,198 shares of company stock worth roughly $0.15 million over the past 1 year. A total of 0.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AHT stock. A new stake in Ashford Hospitality Trust Inc. shares was purchased by BALYASNY ASSET MANAGEMENT LLC during the first quarter worth $1,027,000. GRAHAM CAPITAL MANAGEMENT, L.P. invested $429,000 in shares of AHT during the first quarter. In the first quarter, ALPINE GLOBAL MANAGEMENT, LLC acquired a new stake in Ashford Hospitality Trust Inc. valued at approximately $101,000. CUBIST SYSTEMATIC STRATEGIES, LLC acquired a new stake in AHT for approximately $73,000. TWO SIGMA SECURITIES, LLC purchased a new stake in AHT valued at around $54,000 in the second quarter. In total, there are 167 active investors with 44.20% ownership of the company’s stock.
On Thursday morning Ashford Hospitality Trust Inc. (NYSE: AHT) stock kicked off with the opening price of $4.4200. During the past 12 months, Ashford Hospitality Trust Inc. has had a low of $4.09 and a high of $12.09. The fifty day moving average price for AHT is $5.5630 and a two-hundred day moving average price translates $6.9893 for the stock.
The latest earnings results from Ashford Hospitality Trust Inc. (NYSE: AHT) was released for Sep, 2022. According to the REIT – Hotel & Motel Company, earnings per share came in at -$0.73, beating analysts’ expectations of -$0.84 by 0.11. This compares to -$1.70 EPS in the same period last year. The net profit margin was -14.10% and return on equity was 317.50% for AHT. The company reported revenue of $328.16 million for the quarter, compared to $247.43 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 32.62 percent. For the current quarter, analysts expect AHT to generate $305.08M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 01/15/2020. Investors who held shares on 12/31/2019 were paid a $0.06 dividend.
Ashford Hospitality Trust Inc.(AHT) Company Profile
Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels.
