Ashford Hospitality Trust Inc (AHT) Shares Sold by Chicago Equity Partners LLC

Chicago Equity Partners LLC lessened its position in shares of Ashford Hospitality Trust Inc (NYSE:AHT) by 86.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,167 shares of the real estate investment trust’s stock after selling 477,270 shares during the period. Chicago Equity Partners LLC owned approximately 0.08% of Ashford Hospitality Trust worth $508,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Ashford Hospitality Trust by 3.3% during the second quarter. Vanguard Group Inc. now owns 17,010,778 shares of the real estate investment trust’s stock worth $103,426,000 after acquiring an additional 541,526 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Ashford Hospitality Trust by 2.0% in the second quarter. JPMorgan Chase & Co. now owns 5,094,041 shares of the real estate investment trust’s stock valued at $30,972,000 after buying an additional 99,643 shares during the period. State Street Corp boosted its stake in shares of Ashford Hospitality Trust by 1.9% in the second quarter. State Street Corp now owns 2,821,019 shares of the real estate investment trust’s stock valued at $17,152,000 after buying an additional 53,797 shares during the period. Prudential Financial Inc. boosted its stake in shares of Ashford Hospitality Trust by 2.1% in the second quarter. Prudential Financial Inc. now owns 2,539,027 shares of the real estate investment trust’s stock valued at $15,437,000 after buying an additional 51,100 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in shares of Ashford Hospitality Trust by 5.9% in the second quarter. Renaissance Technologies LLC now owns 2,262,000 shares of the real estate investment trust’s stock valued at $13,753,000 after buying an additional 126,100 shares during the period. Institutional investors own 67.60% of the company’s stock.



Shares of Ashford Hospitality Trust Inc (AHT) opened at $6.44 on Friday. The company has a debt-to-equity ratio of 5.29, a quick ratio of 3.94 and a current ratio of 3.94. Ashford Hospitality Trust Inc has a 12 month low of $5.68 and a 12 month high of $8.23. The firm has a market capitalization of $618.59, a price-to-earnings ratio of 4.84, a price-to-earnings-growth ratio of 0.91 and a beta of 1.49.

Ashford Hospitality Trust (NYSE:AHT) last released its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.02). Ashford Hospitality Trust had a negative return on equity of 10.79% and a negative net margin of 5.61%. The business had revenue of $353.33 million for the quarter, compared to the consensus estimate of $360.10 million. During the same quarter in the previous year, the company earned $0.40 earnings per share. The firm’s revenue for the quarter was down 5.0% on a year-over-year basis. equities analysts anticipate that Ashford Hospitality Trust Inc will post 1.38 EPS for the current fiscal year.

Several equities research analysts recently issued reports on AHT shares. Cantor Fitzgerald cut their price target on Ashford Hospitality Trust from $8.00 to $7.50 and set a “buy” rating for the company in a research note on Friday, August 11th. ValuEngine cut Ashford Hospitality Trust from a “strong-buy” rating to a “buy” rating in a research note on Monday, August 7th. B. Riley reiterated a “buy” rating on shares of Ashford Hospitality Trust in a research note on Wednesday, November 1st. Finally, Zacks Investment Research upgraded Ashford Hospitality Trust from a “hold” rating to a “buy” rating and set a $7.00 price target for the company in a research note on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $7.42.

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Ashford Hospitality Trust 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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