Ashford Hospitality Prime, Inc: Forward Management Bought Stake

January 18, 2018 - By Marie Mckinney

 Ashford Hospitality Prime, Inc: Forward Management Bought Stake

Investors sentiment decreased to 0.94 in 2017 Q3. Its down 0.43, from 1.37 in 2017Q2. It dived, as 12 investors sold Ashford Hospitality Prime, Inc. shares while 35 reduced holdings. 14 funds opened positions while 30 raised stakes. 19.23 million shares or 10.91% less from 21.59 million shares in 2017Q2 were reported.

Barclays Public Ltd Co reported 33,293 shares. Old West Inv Mngmt Ltd Liability invested in 129,641 shares. Los Angeles Mngmt & Equity owns 107,090 shares. Qs Invsts Ltd Liability Corporation has invested 0.01% in Ashford Hospitality Prime, Inc. (NYSE:AHP). Fincl Bank Of America Corp De, a North Carolina-based fund reported 208,768 shares. Clarivest Asset Mgmt Ltd Liability Company accumulated 496,335 shares. Savings Bank Of Mellon Corp reported 0% of its portfolio in Ashford Hospitality Prime, Inc. (NYSE:AHP). Cwm Ltd Liability Com stated it has 0% of its portfolio in Ashford Hospitality Prime, Inc. (NYSE:AHP). Mufg Americas Corporation holds 0% or 130 shares in its portfolio. Glacier Peak Capital Ltd Liability Company reported 199,350 shares stake. Omers Administration holds 0.01% of its portfolio in Ashford Hospitality Prime, Inc. (NYSE:AHP) for 57,000 shares. Schroder Inv Management Grp has 0% invested in Ashford Hospitality Prime, Inc. (NYSE:AHP). D E Shaw & accumulated 122,927 shares. Legal And General Gru Public Limited owns 6,318 shares. Indexiq Advsrs Ltd Liability Corporation holds 0.02% or 37,121 shares.

The New Forward Management Holding in Ashford Hospitality Prime, Inc

Forward Management reported SC 13G/A form with the SEC for Ashford Hospitality Prime, Inc. Access it here: 000108514618000158. As reported by Forward Management, the filler owns 10.9% or 3,915,771 shares of the Finance–company.

Ashford Hospitality Prime, Inc stake is new for [reportingPerson]. Date of activity: December 31, 2017. This shows Forward Management’s positive view for Ashford Hospitality Prime, Inc. For a institutional investor managing $5.17 billion in assets and having 98+ experts this is interesting position.

Ashford Hospitality Prime, Inc Institutional Sentiment

Filings show 126 investors own Ashford Hospitality Prime, Inc. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 44916623. 64620488 were owned by these investors. 28 funds opened new Ashford Hospitality Prime, Inc stakes, 81 increased positions. There were 16 that closed positions and 16 reduced them.

2 investors had the stock in their top 10. Some are: .

Globeflex Capital L P is an investor bullish on Ashford Hospitality Prime, Inc, owning 218626 shares as of Q3 2015 for 0.66% of its portfolio. Steve Pei Gratia Capital Llc owns 731245 shares or 1.77% of its portfolio. CT Sorin Capital Management Llc have 0.14% of its portfolio for 121093 shares. Further, Pacific Alternative Asset Management Company Llc reported stake worth 1.80% of its portfolio. The NY Sessa Capital Im Lp owns 2060207 shares. Ashford Hospitality Prime, Inc is 11.29% of its portfolio.

SEC Form 13G.

Forward Management website.

Analysts await Ashford Hospitality Prime, Inc. (NYSE:AHP) to report earnings on February, 28. They expect $0.30 earnings per share, down 11.76 % or $0.04 from last year’s $0.34 per share. AHP’s profit will be $11.25M for 8.07 P/E if the $0.30 EPS becomes a reality. After $0.37 actual earnings per share reported by Ashford Hospitality Prime, Inc. for the previous quarter, Wall Street now forecasts -18.92 % negative EPS growth.

The stock increased 1.57% or $0.15 during the last trading session, reaching $9.68. About 186,081 shares traded. Ashford Hospitality Prime, Inc. (NYSE:AHP) has declined 4.67% since January 18, 2017 and is downtrending. It has underperformed by 21.37% the S&P500.

Ashford Hospitality Prime is a real

Ashford Hospitality Prime, Inc. (NYSE:AHP) Ratings Coverage

Among 6 analysts covering Ashford Hospitality Prime (NYSE:AHP), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Ashford Hospitality Prime has $21 highest and $11.0 lowest target. $14.50’s average target is 49.79% above currents $9.68 stock price. Ashford Hospitality Prime had 22 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Market Outperform” rating by JMP Securities on Tuesday, August 11. The company was initiated on Friday, November 20 by FBR Capital. Canaccord Genuity maintained the stock with “Hold” rating in Monday, November 9 report. The stock of Ashford Hospitality Prime, Inc. (NYSE:AHP) earned “Neutral” rating by Robert W. Baird on Tuesday, March 29. Canaccord Genuity upgraded the shares of AHP in report on Tuesday, September 1 to “Buy” rating. Janney Capital initiated it with “Neutral” rating and $12 target in Wednesday, March 23 report. The firm has “Outperform” rating given on Friday, August 5 by FBR Capital. The firm has “Mkt Perform” rating by JMP Securities given on Monday, January 11. The stock of Ashford Hospitality Prime, Inc. (NYSE:AHP) earned “Hold” rating by Robert W. Baird on Friday, November 10. The rating was maintained by FBR Capital with “Outperform” on Thursday, November 26.

More notable recent Ashford Hospitality Prime, Inc. (NYSE:AHP) news were published by: Seekingalpha.com which released: “Ashford Hospitality Prime: A Detailed Look At Risks And (Potential) Opportunities” on August 21, 2017, also Seekingalpha.com with their article: “Ashford Hospitality Prime’s (AHP) CEO Richard Stockton on Q3 2017 Results …” published on November 05, 2017, Nasdaq.com published: “Zacks Industry Outlook Highlights: Ashford Hospitality Prime, LTC Properties …” on January 16, 2018. More interesting news about Ashford Hospitality Prime, Inc. (NYSE:AHP) were released by: Nasdaq.com and their article: “Ashford Hospitality Prime, Inc. (AHP) Ex-Dividend Date Scheduled for December …” published on December 27, 2017 as well as Prnewswire.com‘s news article titled: “Ashford Prime Announces Finalization Of Strategy For Non-Core Hotels” with publication date: November 01, 2017.

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