Ashford Hospitality Trust Inc (AHT): Benjamin J Md Ansell , director of Ashford Hospitality Trust Inc purchased 5,800 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.66 per share for a total value of $32,828.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 15, 2015, Thomas E Callahan (director) purchased 8,000 shares at $6.18 per share price.On Nov 10, 2015, Benjamin J Md Ansell (director) purchased 7,500 shares at $6.53 per share price.Also, On Feb 5, 2015, Douglas A Kessler (President) sold 47,538 shares at $10.72 per share price.
Shares of Ashford Hospitality Trust (AHT) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.22 points or -3.83% at $5.52 with 4,73,478 shares getting traded. Post opening the session at $5.68, the shares hit an intraday low of $5.5 and an intraday high of $5.69 and the price vacillated in this range throughout the day. The company has a market cap of $528 M and the number of outstanding shares has been calculated to be 9,56,86,492 shares. The 52-week high of Ashford Hospitality Trust is $8.96 and the 52-week low is $4.15.
Company has been under the radar of several Street Analysts.Ashford Hospitality Trust is Reiterated by FBR Capital to Outperform while Lowering the Price Target of the company shares to $ 8 from a previous price target of $9.50 . The Rating was issued on Feb 29, 2016.Ashford Hospitality Trust is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 10 from a previous price target of $9 .The Rating was issued on Feb 29, 2016.
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.