Upgrades Ashford Hospitality Trust (NYSE:AHT) to “Sell”

Ashford Hospitality Trust (NYSE:AHTGet Free Report) was upgraded by research analysts at to a “sell” rating in a research note issued on Saturday.

Ashford Hospitality Trust Trading Down 4.7 %

Shares of AHT opened at $0.82 on Friday. The firm has a market cap of $34.78 million, a P/E ratio of -0.26 and a beta of 2.21. The company’s 50-day moving average price is $1.19 and its 200 day moving average price is $1.46. Ashford Hospitality Trust has a 12-month low of $0.77 and a 12-month high of $4.27.

Institutional Trading of Ashford Hospitality Trust

Hedge funds have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD increased its holdings in Ashford Hospitality Trust by 97.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 58,500 shares of the real estate investment trust’s stock worth $81,000 after purchasing an additional 28,800 shares during the period. Navis Wealth Advisors LLC acquired a new position in Ashford Hospitality Trust during the 1st quarter worth approximately $144,000. Finally, CastleKnight Management LP increased its position in shares of Ashford Hospitality Trust by 91.4% in the 4th quarter. CastleKnight Management LP now owns 1,940,458 shares of the real estate investment trust’s stock valued at $3,764,000 after purchasing an additional 926,564 shares during the last quarter. Institutional investors and hedge funds own 41.04% of the company’s stock.

Ashford Hospitality Trust Company Profile

(Get Free Report)

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

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