The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock Newsletter

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sun., Oct. 23, 2:10 AM

Slide #14. Ashford Hospitality Trust, Inc. Secondary Offering

Company: Ashford Hospitality Trust, Inc. (NYSE:AHT)
Date announced: 10/13/2016
Shares Offered: 6,000,000
Date of Pricing: 10/13/2016
Price Per Share: $25.00
Secondary Offering Details: Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has priced its underwritten public offering of 6,000,000 shares of 7.375% Series G Cumulative Preferred Stock (the "Preferred Stock") at $25.00 per share. Dividends on the Preferred Stock will accrue at a rate of 7.375% per annum on the liquidation preference of $25.00 per share. Settlement of the offering is expected to occur on or about October 18, 2016. The underwriters have been granted an option to purchase an additional 900,000 shares as part of this offering.

Ashford Hospitality Trust is a real estate investment trust. Co. is focused on investing in the hospitality industry with a focus on full-service hotels in the U.S. Co.'s hotels are primarily operated under the brands of Hilton, Hyatt, Marriott, Starwood and Intercontinental Hotels Group. As of Dec 31 2015, all of Co.'s hotels were located in the U.S. As of Dec 31 2015, Co. owned interests in 132 consolidated hotel properties, including 130 hotel properties directly owned and two hotel properties owned through majority-owned investments in consolidated entities. These hotels represent 27,977 total rooms, or 27,950 net rooms, excluding those attributable to Co.'s partners.

AHT SEC Filing Email Alerts Service


Open the AHT Page at The Online Investor »

Company Name:  Ashford Hospitality Trust Inc
Sector:  REITs
Number of ETFs Holding AHT:  28
Total Market Value Held by ETFs:  $24.48M
Total Market Capitalization:  $596.00M
% of Market Cap. Held by ETFs:  4.11%

Open the AHT Page at The Online Investor (in a new window) »

October 23, 2016    2:10 AM Eastern
Quotes delayed 20 minutes

Hold (2.37 out of 4)
17th percentile
(ranked lower than approx. 83% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings | | Copyright © 1998 - 2016, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.