Ashford Hospitality Trust (NYSE:AHT) gets a sell rating from analysts began covering stocks of Ashford Hospitality Trust (NYSE:AHT – Get a Rating) in a report released Thursday. The company has set a “sell” rating on the shares of the real estate investment trust.

Other stock analysts have also recently released reports on the stock. B. Riley cut his price target on Ashford Hospitality Trust shares from $17.00 to $11.00 and set a “neutral” rating for the company in a Monday, March 7 report. Zacks Investment Research downgraded Ashford Hospitality Trust from a “holding” rating to a “strong sell” rating in a Friday, March 11 research note. Two investment analysts gave the stock a sell rating, two gave the company a hold rating and one gave the company a buy rating. According to MarketBeat data, Ashford Hospitality Trust has an average rating of “Hold” and an average target price of $28.00.

Shares of Ashford Hospitality Trust opened at $10.17 on Thursday. The company has a market capitalization of $350.79 million, a PE ratio of -0.54 and a beta of 2.03. The company has a debt ratio of 67.56, a quick ratio of 5.72 and a current ratio of 5.72. The company has a 50-day simple moving average of $8.53 and a two-hundred-day simple moving average of $11.13. Ashford Hospitality Trust has a one-year minimum of $6.56 and a one-year maximum of $77.90.

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Ashford Hospitality Trust (NYSE:AHT – Get Rating) last announced its results on Tuesday, February 22. The real estate investment trust reported EPS ($1.75) for the quarter, beating the Zacks consensus estimate of ($1.95) by $0.20. In the same quarter of the previous year, the company had earned earnings per share of $16.70. On average, stock analysts predict Ashford Hospitality Trust will post 1.11 earnings per share for the current financial year.

Hedge funds have recently changed their holdings in the company. Point72 Hong Kong Ltd bought a new stake in shares of Ashford Hospitality Trust during the fourth quarter for a value of approximately $30,000. Strs Ohio bought a new stake in Ashford Hospitality Trust in the third quarter, valued at around $57,000. Daiwa Securities Group Inc. acquired a new stake in Ashford Hospitality Trust in the third quarter worth approximately $104,000. Allspring Global Investments Holdings LLC acquired a new stake in Ashford Hospitality Trust in the fourth quarter worth approximately $70,000. Finally, the Alaska State Department of Revenue purchased a new stake in Ashford Hospitality Trust in the fourth quarter, valued at approximately $82,000. Institutional investors and hedge funds hold 29.64% of the company’s shares.

Ashford Hospitality Trust Company Profile (Get a rating)

Ashford Hospitality Trust, Inc is a real estate investment trust that invests in the hospitality industry. The Company’s investments include direct hotel investments, mezzanine financings by origination or acquisition, first mortgage financings by origination or acquisition, sale-leaseback transactions and other hotel transactions.

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