University Of Notre Dame Du Lac buys $1.6 Million stake in Ashford Hospitality Prime Inc (AHP)

Ashford Hospitality Prime Inc (AHP) : University Of Notre Dame Du Lac scooped up 55,566 additional shares in Ashford Hospitality Prime Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 130,237 shares of Ashford Hospitality Prime Inc which is valued at $1.6 Million.Ashford Hospitality Prime Inc makes up approximately 1.94% of University Of Notre Dame Du Lac’s portfolio.

Other Hedge Funds, Including , Peak6 Investments sold out all of its stake in AHP during the most recent quarter. The investment firm sold 8,456 shares of AHP which is valued $103,163. Menta Capital added AHP to its portfolio by purchasing 44,450 company shares during the most recent quarter which is valued at $542,290. Ashford Hospitality Prime Inc makes up approx 0.07% of Menta Capital’s portfolio.Blackrock Institutional Trust Company N.a. boosted its stake in AHP in the latest quarter, The investment management firm added 2,556 additional shares and now holds a total of 1,070,153 shares of Ashford Hospitality Prime Inc which is valued at $13.1 Million.Russell Frank Co boosted its stake in AHP in the latest quarter, The investment management firm added 44,190 additional shares and now holds a total of 93,979 shares of Ashford Hospitality Prime Inc which is valued at $1.1 Million.

Ashford Hospitality Prime Inc opened for trading at $10.5 and hit $10.72 on the upside on Wednesday, eventually ending the session at $10.57, with a gain of 0.67% or 0.07 points. The heightened volatility saw the trading volume jump to 1,53,553 shares. Company has a market cap of $301 M.

Many Wall Street Analysts have commented on Ashford Hospitality Prime Inc. Company shares were Upgraded by Robert W. Baird on Mar 29, 2016 to ” Neutral”, Firm has raised the Price Target to $ 11 from a previous price target of $10 .Shares were Reiterated by FBR Capital on Feb 29, 2016 to “Outperform” and Lowered the Price Target to $ 15.50 from a previous price target of $19 .Shares were Reiterated by Deutsche Bank on Feb 29, 2016 to “Hold” and Lowered the Price Target to $ 14 from a previous price target of $15 .

Ashford Hospitality Prime Inc. (Ashford Prime) invests primarily in high revenue per available room (RevPAR) luxury upper-upscale and upscale hotels. The Company conducts its business and owns all of its assets through its operating partnership Ashford Hospitality Prime Limited Partnership (Ashford Prime OP). The Company operates in the direct hotel investment segment of the hotel lodging industry. As of March 12 2015 the Company owned interests in 10 hotels in six states and the District of Columbia with 3707 total rooms or 3472 net rooms excluding those attributable to its partner. The hotels in its portfolio are located in the United States markets. The Company owns eight of its hotel properties directly and the remaining two hotel properties through an investment in a majority-owned consolidated entity. The Company is advised by Ashford LLC a subsidiary of Ashford Inc. and an affiliate of Ashford Trust.

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