Ashford (AINC) Given a $91.00 Price Target by B. Riley Analysts

B. Riley set a $91.00 price objective on Ashford (NYSEAMERICAN:AINC) in a research report sent to investors on Tuesday. The brokerage currently has a buy rating on the financial services provider’s stock.

A number of other brokerages also recently weighed in on AINC. TheStreet raised shares of Ashford from a d rating to a c+ rating in a research note on Thursday, August 30th. Zacks Investment Research raised shares of Ashford from a strong sell rating to a hold rating in a research note on Monday, July 9th.

Shares of NYSEAMERICAN AINC opened at $58.87 on Tuesday. Ashford has a twelve month low of $53.00 and a twelve month high of $111.00.

Ashford (NYSEAMERICAN:AINC) last announced its earnings results on Thursday, November 1st. The financial services provider reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of ($1.71) by $1.89. The firm had revenue of $41.57 million for the quarter, compared to the consensus estimate of $37.56 million.

Institutional investors and hedge funds have recently bought and sold shares of the business. WMS Partners LLC bought a new stake in Ashford in the third quarter valued at $228,000. Bank of New York Mellon Corp increased its stake in Ashford by 27.4% in the second quarter. Bank of New York Mellon Corp now owns 4,382 shares of the financial services provider’s stock valued at $284,000 after purchasing an additional 942 shares in the last quarter. Royce & Associates LP increased its stake in Ashford by 78.6% in the second quarter. Royce & Associates LP now owns 10,000 shares of the financial services provider’s stock valued at $648,000 after purchasing an additional 4,400 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in Ashford in the third quarter valued at $682,000. Finally, Northern Trust Corp increased its stake in Ashford by 141.1% in the second quarter. Northern Trust Corp now owns 11,709 shares of the financial services provider’s stock valued at $759,000 after purchasing an additional 6,853 shares in the last quarter.

Ashford Company Profile

Ashford, Inc is an asset management firm. The firm provides investment management and related services to the real estate and hospitality sectors. Ashford, Inc was formed on April 2, 2014 and is based in Dallas, Texas.

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