A Director at Ashford Hospitality Trust (AHT) is Buying Shares


Today, a Director at Ashford Hospitality Trust (AHT), Benjamin Ansell, bought shares of AHT for $67.2K.

Following this transaction Benjamin Ansell’s holding in the company was increased by 9.86% to a total of $744.5K.

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Based on Ashford Hospitality Trust’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $359 million and GAAP net loss of $38.49 million. In comparison, last year the company earned revenue of $342 million and had a GAAP net loss of $26.62 million. Currently, Ashford Hospitality Trust has an average volume of 1.38M.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $6.13, reflecting a 92.2% upside.

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Ashford Hospitality Trust, Inc. is a real estate investment trust, which invests in the hospitality industry. It invests in lodging-related assets; direct hotel investments; mezzanine financing through origination or acquisition; first-lien mortgage financing through origination or acquisition; sale-leaseback transactions; and other hospitality transactions.

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