Ashford Hospitality Prime Inc. (CVE:AHP) is Attracting Smart Money

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Ashford Hospitality Prime Inc. (CVE:AHP) reported that Sessa Capital (master), L.p. has picked up 2,210,427 of common stock as of 2017-03-09.

The acquisition brings the aggregate amount owned by Sessa Capital (master), L.p. to a total of 2,210,427 representing a 7.0% stake in the company.

For those not familiar with the company, Ashford 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.

A glance at Ashford Hospitality Prime Inc. (CVE:AHP)’s key stats reveals a current market capitalization of 252.34 million based on 26.03 million shares outstanding and a price at last close of $10.17 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2014-06-06, Rinaldi picked up 800 at a purchase price of $16.87. This brings their total holding to 8,000 as of the date of the filing.

On the sell side, the most recent transaction saw Kessler unload 2,441 shares at a sale price of $15.00. This brings their total holding to 101,294.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Ashford Hospitality Prime Inc. (CVE:AHP) as things move forward to see if its progress aligns with these transactions.

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Hyatt Hotels Corporation (NYSE:H) is Attracting Smart Money

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Hyatt Hotels Corporation (NYSE:H) reported that MHR Fund Management has picked up 14,980,528 of common stock as of 2017-03-03.

The acquisition brings the aggregate amount owned by MHR Fund Management to a total of 14,980,528 representing a 15.3% stake in the company.

For those not familiar with the company, Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties, consisting of full service hotels, select service hotels, resorts and other properties, including timeshare, fractional and other forms of residential and vacation properties. The Company operates through four segments: Owned and leased hotels; Americas management and franchising; Southeast Asia, China, Australia, South Korea and Japan (ASPAC) management and franchising, and Europe, Africa, the Middle East and Southwest Asia (EAME/SW Asia) management. The Company’s hotel portfolio consists of approximately 600 properties (over 159,340 rooms). The Company’s full service hotels and resorts operate under six brands: Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric and Hyatt. The Company’s two select service brands include Hyatt Place and Hyatt House.

A glance at Hyatt Hotels Corporation (NYSE:H)’s key stats reveals a current market capitalization of 6.76 billion based on 39.71 Million shares outstanding and a price at last close of $51.82 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-12-29, Friedman picked up 400 at a purchase price of $56.23. This brings their total holding to 114,451 as of the date of the filing.

On the sell side, the most recent transaction saw Friedman unload 400 shares at a sale price of $56.23. This brings their total holding to 114,051.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Hyatt Hotels Corporation (NYSE:H) as things move forward to see if its progress aligns with these transactions.

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Guess Who Picked Up Rlj Lodging Trust (NYSE:RLJ) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Rlj Lodging Trust (NYSE:RLJ) reported that Goldman Sachs Asset Management, L.p. has picked up 13,397,956 of common stock as of 2017-02-10.

The acquisition brings the aggregate amount owned by Goldman Sachs Asset Management, L.p. to a total of 13,397,956 representing a 10.8% stake in the company.

For those not familiar with the company, RLJ Lodging Trust is a real estate investment trust. The Company is engaged in the acquisition of focused-service and compact full-service hotels. The Company owns approximately 130 hotels with over 20,900 rooms, located in approximately 20 states and the District of Columbia, and an interest in a mortgage loan secured by a hotel. Its hotels’ brand affiliations include Residence Inn, Courtyard, SpringHill Suites, Marriott and Renaissance by Marriott; Hilton Garden Inn, Embassy Suites, DoubleTree, Hilton and Homewood Suites by Hilton, and Hyatt House, Hyatt Place and Hyatt by Hyatt. Its operating partnership is RLJ Lodging Trust, L.P. The Company’s properties include Courtyard San Francisco, Hyatt House Cypress Anaheim, Hyatt House Emeryville San Francisco Bay Area, Hyatt House San Ramon and Hyatt House Santa Clara in California, and Renaissance Boulder Flatiron Hotel, Residence Inn Boulder Louisville, Residence Inn Longmont Boulder and SpringHill Suites Boulder Longmont in Colorado.

A glance at Rlj Lodging Trust (NYSE:RLJ)’s key stats reveals a current market capitalization of 2.94 billion based on 124.30 million shares outstanding and a price at last close of $23.46 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-03-04, Ryan picked up 2,000 at a purchase price of $25.37. This brings their total holding to 2,000 as of the date of the filing.

On the sell side, the most recent transaction saw Hale unload 5,000 shares at a sale price of $25.00. This brings their total holding to 328,730.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Rlj Lodging Trust (NYSE:RLJ) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

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