Vanguard Group Inc. Lowers Stock Position in Ashford Hospitality Trust, Inc. (NYSE:AHT)

Vanguard Group Inc. decreased its holdings in Ashford Hospitality Trust, Inc. (NYSE:AHT) by 8.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,720,056 shares of the real estate investment trust’s stock after selling 148,625 shares during the quarter. Vanguard Group Inc. owned about 4.33% of Ashford Hospitality Trust worth $2,356,000 at the end of the most recent quarter.

Separately, CastleKnight Management LP increased its stake in Ashford Hospitality Trust by 91.4% in the fourth 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 period. 41.04% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a report on Monday, August 12th.

Ashford Hospitality Trust Price Performance

Shares of NYSE AHT opened at $0.91 on Tuesday. The stock has a fifty day moving average price of $0.97 and a 200 day moving average price of $1.23. Ashford Hospitality Trust, Inc. has a 1-year low of $0.77 and a 1-year high of $3.15. The company has a market cap of $38.72 million, a PE ratio of -0.29 and a beta of 2.33.

Ashford Hospitality Trust Profile

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