Ashford Hospitality Trust(NYSE:AHT) Declares Dividend of $0.1200.

Ashford Hospitality Trust (NYSE:AHT) had declared a cash dividend of $0.1200 on Sep 15, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 15, 2016 share price, the yield comes out to be 7.9077%. The dividend payable date has been fixed on Oct 17, 2016.

In a different note, On Jul 21, 2016, Credit Suisse said it Downgrades its rating on Ashford Hospitality Trust. The shares have been rated ‘Underperform’ by the firm. On Jul 19, 2016, Deutsche Bank said it Maintains its rating on Ashford Hospitality Trust. In the research note, the firm Lowers the price-target to $10.00 per share. The shares have been rated ‘Buy’ by the firm.

Ashford Hospitality Trust (AHT) shares turned negative on Tuesdays trading session with the shares closing down -0.1 points or -1.63% at a volume of 13,48,053. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $6.17. The peak price level was also seen at $6.17 while the days lowest was $5.94. Finally the shares closed at $6.03. The 52-week high of the shares is $7.51 while the 52-week low is $4.15. According to the latest information available, the market cap of the company is $580 M.

Ashford Hospitality Trust(AHT) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $410.67M. Analysts had an estimated revenue of $404.16M. Earnings per share were $0.60. Analysts had estimated an EPS of $0.54.

Several Insider Transactions has been reported to the SEC. On Aug 10, 2016, Alan Tallis (director) purchased 4,174 shares at $25.04 per share price.Also, On Jun 1, 2016, Benjamin J Md Ansell (director) purchased 3,000 shares at $4.95 per share price.On Dec 15, 2015, Thomas E Callahan (director) purchased 8,000 shares at $6.18 per share price, according to the Form-4 filing with the securities and exchange commission.

Ashford Hospitality Trust Inc. (Ashford) together with its subsidiaries is a self-administered real estate investment trust (REIT) focused on investing in the hospitality industry. The Company is engaged in direct hotel investments within the hotel lodging industry. Ashford owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership (Ashford Trust OP). Its hotels are primarily operated under the brands of Hilton Hyatt Marriott Starwood and Intercontinental Hotels Group. Its hotels are located in the United States. The Company through Remington Lodging manages the Hampton Inn & Suites Gainesville hotel which has 124 guestrooms including 27 studio suites. The hotel’s amenities include 1700 square feet of meeting space a boardroom Saltwater Lap Pool and Spa Jump Start fitness center and on-site parking. Ashford OP General Partner LLC is a wholly owned subsidiary of the Company.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Ashford Hospitality Trust - Is it time to Sell?

Top Brokerage Firms are advising their investors on Ashford Hospitality Trust. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.