Ashford Hospitality Prime Company Profile (NYSE:AHP)

About Ashford Hospitality Prime

Ashford Hospitality Prime logoAshford Hospitality Prime, Inc. invests in high revenue per available room (RevPAR), luxury, upper-upscale and upscale hotels in gateway and resort locations. The Company conducts its business and owns all of its assets through its operating partnership, Ashford Hospitality Prime Limited Partnership. It operates in the direct hotel investment segment of the hotel lodging industry. It owns interest in over 15 hotels in approximately six states, the District of Columbia and St. Thomas, the United States Virgin Islands with over 3,950 total rooms, excluding those attributable to its partner. The hotels in its portfolio are located in the United States gateway and resort locations. The Company owns over 10 of its hotel properties directly, and the remaining hotel properties through an investment in a majority-owned consolidated entity. All of the hotels in the Company's portfolio are asset-managed by Ashford Hospitality Advisors LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Hotel/Motel
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: AHP
  • CUSIP:
Key Metrics:
  • Previous Close: $13.20
  • 50 Day Moving Average: $13.79
  • 200 Day Moving Average: $14.08
  • 52-Week Range: $25,969,000.00 - $9.66
  • Trailing P/E Ratio: 43.05
  • Foreward P/E Ratio: 55.79
  • P/E Growth: 1.82
  • Market Cap: $347.72M
  • Outstanding Shares: 25,969,000
  • Beta: 1.2
Profitability:
  • Net Margins: 3.13%
  • Return on Equity: 3.94%
  • Return on Assets: 0.94%
Debt:
  • Debt-to-Equity Ratio: 2.54%
  • Current Ratio: 4.14%
  • Quick Ratio: 4.14%
Additional Links:
Companies Related to Ashford Hospitality Prime:

Analyst Ratings

Consensus Ratings for Ashford Hospitality Prime (NYSE:AHP) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $14.80 (10.53% upside)

Analysts' Ratings History for Ashford Hospitality Prime (NYSE:AHP)
Show:
DateFirmActionRatingPrice TargetDetails
1/31/2017Janney Montgomery ScottUpgradeNeutral -> Buy$17.00View Rating Details
1/25/2017Canaccord GenuityReiterated RatingHold$14.00View Rating Details
11/4/2016FBR & CoLower Price TargetOutperform$19.00 -> $18.00View Rating Details
6/26/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
5/8/2016Robert W. BairdReiterated RatingHoldView Rating Details
2/16/2016Morgan StanleyLower Price Target$14.00 -> $13.00View Rating Details
2/5/2016SunTrust Banks, Inc.DowngradeBuy -> NeutralView Rating Details
1/11/2016JMP SecuritiesDowngradeOutperform -> Market PerformView Rating Details
7/20/2015Brean CapitalInitiated CoverageBuy$19.00View Rating Details
3/9/2015MLV & Co.Reiterated RatingHold$18.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Ashford Hospitality Prime (NYSE:AHP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017Q416($0.03)$92.70 millionN/AView Earnings Details
5/4/2016Q116$0.35$0.30$97.38 million$99.80 millionViewN/AView Earnings Details
2/25/2016Q415$0.33$0.22$85.99 millionViewListenView Earnings Details
11/4/2015Q315$0.52$0.39$92.98 millionViewN/AView Earnings Details
8/6/2015Q215$0.39$0.60$89.74 million$92.80 millionViewN/AView Earnings Details
5/7/2015Q115$0.28$0.26$74.31 million$77.80 millionViewN/AView Earnings Details
2/26/2015Q414$0.22($0.95)$73.94 millionViewN/AView Earnings Details
11/3/2014$0.39$0.42ViewN/AView Earnings Details
8/11/2014$0.49$0.45ViewN/AView Earnings Details
5/9/2014Q114($0.07)$0.18$63.95 millionViewN/AView Earnings Details
2/27/2014Q413($0.13)$0.09$61.16 million$55.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ashford Hospitality Prime (NYSE:AHP)
Current Year EPS Consensus Estimate: $0.48 EPS
Next Year EPS Consensus Estimate: $0.24 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.27$0.38$0.32
Q2 20162$0.62$0.67$0.65
Q3 20162$0.36$0.44$0.40
Q4 20162$0.31$0.35$0.33
Q1 20172$0.29$0.40$0.35
Q2 20172$0.51$0.73$0.62
Q3 20172$0.34$0.39$0.37
Q4 20172$0.30$0.32$0.31
Q1 20181$0.41$0.41$0.41
Q2 20181$0.65$0.65$0.65
Q3 20181$0.39$0.39$0.39
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ashford Hospitality Prime (NYSE:AHP)
Annual Dividend:$0.48
Dividend Yield:3.58%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:165.52% (Based on Trailing 12 Months of Earnings)
100.00% (Based on Current Year Consensus EPS Estimate)
200.00% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Ashford Hospitality Prime (NYSE:AHP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/13/2016quarterly$0.123.32%12/28/201612/30/20161/17/2017
9/15/2016quarterly$0.123.31%9/28/20169/30/201610/17/2016
6/14/2016Quarterly$0.123.29%6/28/20166/30/20167/15/2016
3/15/2016quarterly$0.103.86%3/29/20163/31/20164/15/2016
12/11/2015quarterly$0.102.97%12/29/201512/31/20151/15/2016
9/15/2015quarterly$0.102.64%9/28/20159/30/201510/15/2015
6/16/2015quarterly$0.102.62%6/26/20156/30/20157/15/2015
3/16/2015quarterly$0.051.21%3/27/20153/31/20154/15/2015
12/15/2014quarterly$0.051.2%12/29/201412/31/20141/15/2015
9/15/2014quarterly$0.051.25%9/26/20149/30/201410/15/2014
6/16/2014quarterly$0.051.19%6/26/20146/30/20147/15/2014
3/17/2014quarterly$0.051.26%3/27/20143/31/20144/15/2014
12/16/2013special$0.0512/27/201312/31/20131/15/2014
12/16/2013quarterly$0.0512/31/20131/15/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Ashford Hospitality Prime (NYSE:AHP)
Insider Ownership Percentage: 23.68%
Institutional Ownership Percentage: 75.77%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/1/2015Douglas A KesslerPresidentSell2,441$15.00$36,615.00View SEC Filing  
7/17/2015Douglas A KesslerPresidentSell5,000$15.50$77,500.00View SEC Filing  
3/23/2015Douglas A KesslerPresidentSell8,013$17.00$136,221.00View SEC Filing  
3/20/2015Douglas A KesslerPresidentSell21,987$16.92$372,020.04View SEC Filing  
2/13/2015Douglas A KesslerPresidentSell2,500$17.30$43,250.00View SEC Filing  
11/24/2014Douglas A KesslerPresidentSell12,484$17.47$218,095.48View SEC Filing  
11/21/2014Douglas A KesslerPresidentSell30,016$17.36$521,077.76View SEC Filing  
3/28/2014Montgomery BennettCEOBuy33,499$14.89$498,800.11View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Ashford Hospitality Prime (NYSE:AHP)
DateHeadline
seekingalpha.com logoAshford Prime and activist come to terms (NYSE:AHP)
seekingalpha.com - February 18 at 9:33 AM
biz.yahoo.com logoASHFORD HOSPITALITY PRIME, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financia (NYSE:AHP)
us.rd.yahoo.com - February 17 at 6:40 PM
us.rd.yahoo.com logoAshford Prime Announces Settlement With Sessa Capital (NYSE:AHP)
us.rd.yahoo.com - February 16 at 8:30 PM
us.rd.yahoo.com logoAshford Prime Announces Settlement With Sessa Capital (NYSE:AHP)
us.rd.yahoo.com - February 16 at 8:30 PM
us.rd.yahoo.com logoAshford Prime Announces Settlement With Sessa Capital (NYSE:AHP)
us.rd.yahoo.com - February 16 at 8:30 PM
finance.yahoo.com logoAshford Prime reaches deal with Sessa Capital (NYSE:AHP)
finance.yahoo.com - February 16 at 8:30 PM
finance.yahoo.com logoMacerich (MAC) Q4 Earnings: What's in Store for the Stock? (NYSE:AHP)
finance.yahoo.com - February 2 at 3:26 PM
finance.yahoo.com logoEssex Property (ESS) Q4 Earnings: What's in the Cards? (NYSE:AHP)
finance.yahoo.com - February 1 at 3:30 PM
seekingalpha.com logoAshford Prime catches upgrade from Janney Capital (NYSE:AHP)
seekingalpha.com - January 31 at 3:32 PM
marketexclusive.com logoAnalyst Upgrades – Ashford Hospitality Prime (NYSE:AHP) Stock Gets Upgraded By Janney Montgomery Scott from Neutral to Buy (NYSE:AHP)
marketexclusive.com - January 31 at 3:32 PM
capitalcube.com logoAshford Hospitality Prime, Inc. breached its 50 day moving average in a Bearish Manner : AHP-US : January 31, 2017 (NYSE:AHP)
www.capitalcube.com - January 31 at 3:32 PM
finance.yahoo.com logoAshford Hospitality Prime Announces Tax Reporting Information For 2016 Common And Preferred Share Distributions (NYSE:AHP)
finance.yahoo.com - January 27 at 3:32 PM
4-traders.com logoASHFORD HOSPITALITY PRIME, INC. (NYSE:AHP-B) Files An 8-K Regulation FD Disclosure (NYSE:AHP)
www.4-traders.com - January 26 at 3:38 PM
reuters.com logoBRIEF-Ashford Prime amends advisory agreement to lower termination fee (NYSE:AHP)
www.reuters.com - January 26 at 3:38 PM
biz.yahoo.com logoASHFORD HOSPITALITY PRIME, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclos (NYSE:AHP)
biz.yahoo.com - January 25 at 3:29 PM
us.rd.yahoo.com logoAshford Prime Announces Refined Strategy To Enhance Shareholder Value (NYSE:AHP)
us.rd.yahoo.com - January 24 at 8:46 PM
us.rd.yahoo.com logoAshford Prime Announces Amendment To Advisory Agreement (NYSE:AHP)
us.rd.yahoo.com - January 24 at 8:46 PM
us.rd.yahoo.com logoAshford Prime Completes Refinancing Of Three Mortgage Loans Expecting Approximately $12 Million In Increased Annual Cash Flow (NYSE:AHP)
us.rd.yahoo.com - January 24 at 8:46 PM
us.rd.yahoo.com logo4:09 pm Ashford Hospitality Prime enters into an amended and restated advisory agreement with Ashford Inc. (AINC (NYSE:AHP)
us.rd.yahoo.com - January 24 at 8:46 PM
News IconRobert W. Baird Downgraded Ashford Hospitality Trust, Inc (NYSE:AHP)
viveremilano.biz - January 14 at 8:32 PM
finance.yahoo.com logoAshford Prime Sets Fourth Quarter Earnings Release And Conference Call Dates (NYSE:AHP)
finance.yahoo.com - January 3 at 3:44 PM
4-traders.com logoAshford Hospitality Prime Inc. : (AHP) to Issue Quarterly Dividend of $0.12 on January 17th (NYSE:AHP)
www.4-traders.com - December 28 at 8:22 PM
marketexclusive.com logoAnalyst Activity – Canaccord Genuity Reiterates Hold on Ashford Hospitality Prime (NYSE:AHP) (NYSE:AHP)
marketexclusive.com - December 26 at 3:21 PM
barrons.com logo[$$] Ranking the Lodging REITs (NYSE:AHP)
www.barrons.com - December 23 at 3:30 PM
streetinsider.com logoAshford Hospitality Prime (AHP) Announces Appellate Court Rejection Sessa Capital's Appeal (NYSE:AHP)
www.streetinsider.com - December 20 at 9:07 AM
insidermonkey.com logoHere Is What Hedge Funds Think About Ashford Hospitality Prime Inc (AHP) (NYSE:AHP)
www.insidermonkey.com - December 19 at 3:35 PM
finance.yahoo.com logoFederal Appellate Court Rejects Sessa's Appeal (NYSE:AHP)
finance.yahoo.com - December 19 at 3:34 PM
finance.yahoo.com logo8:04 am Ashford Hospitality Prime announces that the United States Court of Appeals for the Fifth Circuit has rejected Sessa Capital's appeal of a federal district court's decision prohibiting Sessa from soliciting proxies and finding that (NYSE:AHP)
finance.yahoo.com - December 19 at 3:34 PM
streetinsider.com logoAshford Hospitality Prime (AHP) Declares $0.12 Quarterly Dividend; 3.3% Yield (NYSE:AHP)
www.streetinsider.com - December 12 at 3:33 PM
finance.yahoo.com logoAshford Prime Declares Dividends For Fourth Quarter Of 2016 And Issues Guidance For 2017 Dividends (NYSE:AHP)
finance.yahoo.com - December 12 at 3:33 PM
4-traders.com logoASHFORD HOSPITALITY PRIME, INC. (NYSE:AHP) Files An 8-K Regulation FD Disclosure (NYSE:AHP)
www.4-traders.com - December 12 at 3:33 PM
News IconThe Ashford Hospitality Prime Inc (NYSE:AHP)
myhealthbowl.com - December 11 at 6:43 AM
capitalcube.com logoAshford Hospitality Prime, Inc. breached its 50 day moving average in a Bullish Manner : AHP-US : December 6, 2016 (NYSE:AHP)
www.capitalcube.com - December 6 at 12:48 PM
News IconRichard Stockton appointed CEO of Ashford Hospitality Prime (NYSE:AHP)
www.hotelmanagement.net - December 1 at 3:28 PM
4-traders.com logoASHFORD HOSPITALITY PRIME, INC. (NYSE:AHP) Files An 8-K Entry into a Material Definitive Agreement (NYSE:AHP)
www.4-traders.com - November 18 at 12:42 PM
biz.yahoo.com logoASHFORD HOSPITALITY PRIME, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct (NYSE:AHP)
biz.yahoo.com - November 17 at 8:40 PM
finance.yahoo.com logoASHFORD HOSPITALITY PRIME, INC. Financials (NYSE:AHP)
finance.yahoo.com - November 17 at 1:42 PM
4-traders.com logoAshford Hospitality Prime : Prime Announces New $100 Million Revolving Credit Facility (NYSE:AHP)
www.4-traders.com - November 14 at 8:50 PM
marketwatch.com logo10-Q: ASHFORD HOSPITALITY TRUST INC (NYSE:AHP)
www.marketwatch.com - November 9 at 3:25 PM
biz.yahoo.com logoASHFORD HOSPITALITY PRIME, INC. Files SEC form 10-Q, Quarterly Report (NYSE:AHP)
biz.yahoo.com - November 9 at 3:25 PM
capitalcube.com logoETF’s with exposure to Ashford Hospitality Prime, Inc. : November 7, 2016 (NYSE:AHP)
www.capitalcube.com - November 7 at 1:11 PM
seekingalpha.com logoAshford Hospitality Prime's (AHP) CEO Monty Bennett on Q3 2016 Results - Earnings Call Transcript (NYSE:AHP)
seekingalpha.com - November 5 at 3:23 PM
News IconRichard J. Stockton Named Chief Executive Officer for Ashford Hospitality Prime (NYSE:AHP)
www.hotelnewsresource.com - November 4 at 12:58 PM
capitalcube.com logoAshford Hospitality Prime, Inc. :AHP-US: Earnings Analysis: Q3, 2016 By the Numbers : November 4, 2016 (NYSE:AHP)
www.capitalcube.com - November 4 at 12:58 PM
sg.finance.yahoo.com logoAshford Hospitality Trust reports 3Q results (NYSE:AHP)
sg.finance.yahoo.com - November 3 at 8:44 PM
News IconRichard J. Stockton Named CEO of Ashford Hospitality Prime (NYSE:AHP)
www.hotelbusiness.com - November 3 at 1:06 PM
reuters.com logoBRIEF-Richard J. Stockton appointed CEO of Ashford Hospitality Prime (NYSE:AHP)
www.reuters.com - November 3 at 1:06 PM
bizjournals.com logoAshford Hospitality Prime names new CEO (NYSE:AHP)
www.bizjournals.com - November 3 at 1:06 PM
biz.yahoo.com logoASHFORD HOSPITALITY PRIME, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:AHP)
biz.yahoo.com - November 3 at 1:06 PM
prnewswire.com logoRichard J. Stockton Appointed Chief Executive Officer of Ashford Hospitality Prime, Inc. (NYSE:AHP)
www.prnewswire.com - November 2 at 9:21 PM

Social

What is Ashford Hospitality Prime's stock symbol?

Ashford Hospitality Prime trades on the New York Stock Exchange (NYSE) under the ticker symbol "AHP."

How often does Ashford Hospitality Prime pay dividends? What is the dividend yield for Ashford Hospitality Prime?

Ashford Hospitality Prime announced a quarterly dividend on Tuesday, December 13th. Investors of record on Friday, December 30th will be given a dividend of $0.12 per share on Tuesday, January 17th. This represents a $0.48 annualized dividend and a yield of 3.58%. The ex-dividend date is Wednesday, December 28th.

Where is Ashford Hospitality Prime's stock going? Where will Ashford Hospitality Prime's stock price be in 2017?

5 brokers have issued 12-month target prices for Ashford Hospitality Prime's shares. Their forecasts range from $11.00 to $18.00. On average, they anticipate Ashford Hospitality Prime's stock price to reach $14.80 in the next twelve months.

When will Ashford Hospitality Prime announce their earnings?

Ashford Hospitality Prime is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

What are analysts saying about Ashford Hospitality Prime stock?

Here are some recent quotes from research analysts about Ashford Hospitality Prime stock:

  • Janney Montgomery Scott analysts commented, "We are upgrading shares of AHP to BUY. We have a positive view on several recent company actions including a 33% increase to the dividend, $12M of interest savings from refinancing several loans, and the negotiation of a lower termination fee to Ashford Inc. We do not think these are fully reflected in the stock price given it trades at only 10.8x our 2017 EBITDA. We also believe AHP is well positioned to make acquisitions and grow EBITDA, which should contribute to multiple expansion in the future. Our FV is $17 (from $14), which is 12x (from 11x) our 2017 EBITDA." (1/31/2017)
  • According to Zacks Investment Research, "Ashford Hospitality Prime, Inc. is a real estate investment trust. It is focused on investing in high RevPAR full-service and urban select-service hotels and resorts located predominantly in domestic and international gateway markets. Ashford Hospitality Prime, Inc. is based in Dallas, Texas. " (1/9/2017)

Who owns Ashford Hospitality Prime stock?

Ashford Hospitality Prime's stock is owned by many different of institutional and retail investors. Top institutional investors include Raging Capital Management LLC (9.47%), State Street Corp (3.07%), Dimensional Fund Advisors LP (1.55%), Renaissance Technologies LLC (0.57%), Two Sigma Investments LP (0.36%) and State Board of Administration of Florida Retirement System (0.24%).

Who sold Ashford Hospitality Prime stock? Who is selling Ashford Hospitality Prime stock?

Ashford Hospitality Prime's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, State Board of Administration of Florida Retirement System, PEAK6 Investments L.P., Menta Capital LLC, Century Capital Management LLC, Metropolitan Life Insurance Co. NY, Tudor Investment Corp Et Al and Asset Management One Co. Ltd..

Who bought Ashford Hospitality Prime stock? Who is buying Ashford Hospitality Prime stock?

Ashford Hospitality Prime's stock was purchased by a variety of institutional investors in the last quarter, including Raging Capital Management LLC, Two Sigma Investments LP, Glacier Peak Capital LLC, Ellington Management Group LLC, Dynamic Technology Lab Private Ltd, Princeton Portfolio Strategies Group LLC, State Street Corp and Dimensional Fund Advisors LP.

How do I buy Ashford Hospitality Prime stock?

Shares of Ashford Hospitality Prime can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ashford Hospitality Prime stock cost?

One share of Ashford Hospitality Prime stock can currently be purchased for approximately $13.39.

Ashford Hospitality Prime (NYSE:AHP) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Ashford Hospitality Prime (NYSE:AHP)

Earnings History Chart

Earnings by Quarter for Ashford Hospitality Prime (NYSE:AHP)

Dividend History Chart

Dividend Payments by Quarter for Ashford Hospitality Prime (NYSE:AHP)

Last Updated on 2/20/2017 by MarketBeat.com Staff