News articles about Ashford Hospitality Prime (NYSE:AHP) have trended somewhat positive this week, according to AlphaOne. AlphaOne, a unit of Accern, identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ashford Hospitality Prime earned a media sentiment score of 0.19 on AlphaOne’s scale. AlphaOne also gave media stories about the real estate investment trust an impact score of 62 out of 100, meaning that recent press coverage is somewhat likely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted AlphaOne Sentiment Analysis’s scoring:
- Stock is up at $10.10 (AHP) Ashford Prime Declares Dividends For… (badhub.net)
- Ashford Hospitality Prime : Prime Declares Dividends For Second Quarter Of 2017 (4-traders.com)
- Ashford Hospitality Prime, Inc. (AHP) Declares $0.16 Quarterly Dividend (americanbankingnews.com)
- ASHFORD HOSPITALITY PRIME, INC. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (4-traders.com)
- Ashford Prime Declares Dividends For Second Quarter Of 2017 (finance.yahoo.com)
A number of analysts recently weighed in on AHP shares. FBR & Co decreased their target price on shares of Ashford Hospitality Prime to $16.00 in a report on Monday, February 27th. JMP Securities reaffirmed a “market perform” rating on shares of Ashford Hospitality Prime in a report on Friday, April 7th. Zacks Investment Research lowered shares of Ashford Hospitality Prime from a “buy” rating to a “strong sell” rating in a report on Tuesday, March 14th. Deutsche Bank AG raised shares of Ashford Hospitality Prime from a “hold” rating to a “buy” rating and decreased their price target for the stock from $14.00 to $13.00 in a report on Friday, June 9th. Finally, ValuEngine lowered shares of Ashford Hospitality Prime from a “buy” rating to a “hold” rating in a report on Friday, June 9th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $15.00.
Shares of Ashford Hospitality Prime (NYSE:AHP) traded up 0.62% during midday trading on Friday, hitting $9.80. 837,455 shares of the stock were exchanged. The firm has a 50-day moving average of $10.07 and a 200-day moving average of $11.90. Ashford Hospitality Prime has a 1-year low of $9.28 and a 1-year high of $17.64. The company has a market capitalization of $267.22 million, a P/E ratio of 18.56 and a beta of 1.17.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 17th. Investors of record on Friday, June 30th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 6.53%. The ex-dividend date is Wednesday, June 28th. Ashford Hospitality Prime’s dividend payout ratio is presently 130.61%.
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About Ashford Hospitality Prime
Ashford Hospitality Prime, Inc invests in high revenue per available room (RevPAR), luxury hotels and resorts. 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.
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