Ashford Hospitality Trust, Inc. (NYSE:AHT) Holdings Trimmed by Navis Wealth Advisors LLC

Navis Wealth Advisors LLC lowered its position in shares of Ashford Hospitality Trust, Inc. (NYSE:AHT) by 84.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,140 shares of the real estate investment trust’s stock after selling 189,271 shares during the quarter. Navis Wealth Advisors LLC owned 0.65% of Ashford Hospitality Trust worth $260,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of AHT. Geode Capital Management LLC boosted its stake in Ashford Hospitality Trust by 42.6% during the third quarter. Geode Capital Management LLC now owns 531,694 shares of the real estate investment trust’s stock valued at $398,000 after buying an additional 158,882 shares in the last quarter. PFG Investments LLC boosted its stake in Ashford Hospitality Trust by 215.4% during the third quarter. PFG Investments LLC now owns 94,025 shares of the real estate investment trust’s stock valued at $70,000 after buying an additional 64,212 shares in the last quarter. FMR LLC boosted its stake in Ashford Hospitality Trust by 24.3% during the third quarter. FMR LLC now owns 195,330 shares of the real estate investment trust’s stock valued at $146,000 after buying an additional 38,215 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Ashford Hospitality Trust by 4.9% during the second quarter. Renaissance Technologies LLC now owns 482,200 shares of the real estate investment trust’s stock valued at $468,000 after buying an additional 22,400 shares in the last quarter. Institutional investors own 41.04% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, November 6th.

Ashford Hospitality Trust Stock Up 4.4 %

NYSE:AHT opened at $8.44 on Friday. Ashford Hospitality Trust, Inc. has a 1-year low of $5.20 and a 1-year high of $20.78. The firm has a market capitalization of $46.56 million, a price-to-earnings ratio of -0.65 and a beta of 2.39. The stock has a fifty day simple moving average of $8.42 and a 200 day simple moving average of $8.51.

Ashford Hospitality Trust (NYSE:AHT) last released its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported ($12.39) earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($12.99). Ashford Hospitality Trust had a net margin of 2.84% and a negative return on equity of 12.89%. The company had revenue of $276.60 million during the quarter, compared to analyst estimates of $273.50 million. During the same quarter last year, the business earned $0.08 EPS. Equities analysts predict that Ashford Hospitality Trust, Inc. will post -0.68 earnings per share for the current year.

Ashford Hospitality Trust Profile

Ashford Hospitality Trust, Inc, together with its subsidiaries (Ashford Trust), is a real estate investment trust (REIT). While our portfolio currently consists of upscale hotels and upper upscale full-service hotels, our investment strategy is predominantly focused on investing in upper upscale full-service hotels in the United States that have revenue per available room (RevPAR) generally less than twice the U.S.