Ashford Hospitality Trust, Inc. (NYSE:AHT – Get Rating) – Equities research analysts at B. Riley lowered their Q2 2023 earnings per share estimates for Ashford Hospitality Trust in a report released on Wednesday, May 17th. B. Riley analyst B. Maher now anticipates that the real estate investment trust will earn $0.62 per share for the quarter, down from their prior estimate of $0.74. B. Riley has a “Neutral” rating and a $6.50 price target on the stock. The consensus estimate for Ashford Hospitality Trust’s current full-year earnings is $0.47 per share.
Separately, StockNews.com started coverage on Ashford Hospitality Trust in a research report on Thursday, March 16th. They set a “sell” rating for the company.
Ashford Hospitality Trust Stock Performance
Institutional Investors Weigh In On Ashford Hospitality Trust
Large investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC boosted its position in Ashford Hospitality Trust by 355.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 9,987 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 7,792 shares during the period. Two Sigma Investments LP bought a new stake in shares of Ashford Hospitality Trust in the first quarter valued at approximately $35,000. Wells Fargo & Company MN boosted its position in shares of Ashford Hospitality Trust by 4,580.4% in the fourth quarter. Wells Fargo & Company MN now owns 9,080 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 8,886 shares during the period. Landscape Capital Management L.L.C. bought a new stake in shares of Ashford Hospitality Trust in the fourth quarter valued at approximately $48,000. Finally, Virtu Financial LLC bought a new stake in shares of Ashford Hospitality Trust in the fourth quarter valued at approximately $50,000. Institutional investors own 43.12% of the company’s stock.
About Ashford Hospitality Trust
Ashford Hospitality Trust, Inc is a real estate investment trust, which invests in the hospitality industry. The firm’s investments include direct hotel, mezzanine financing through origination or acquisition, first mortgage financing through origination or acquisition, sale-leaseback transactions and other hospitality transactions.
- Get a free copy of the StockNews.com research report on Ashford Hospitality Trust (AHT)
- MarketBeat Week in Review – 5/15 – 5/19
- Applied Materials: Cracks In The Chip Recovery Or Time To Buy?
- Deere & Company Rallies On Farm Equipment Boom, Bullish Outlook
- How Many Roth IRAs Can You Have?
- Why You Should Consider Buying Nvidia Ahead Of Earnings
Receive News & Ratings for Ashford Hospitality Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashford Hospitality Trust and related companies with MarketBeat.com's FREE daily email newsletter.