ashford inc. is a publicly traded (nyse mkt: ainc) third-party asset manager and service provider to the hospitality industry with more than $6 billion in assets under management. ashford inc. currently serves as the external manager for ashford hospitality prime (nyse: ahp) and ashford hospitality trust (nyse: aht). ashford hospitality prime invests primarily in high revpar, luxury, upper upscale and upscale hotels in gateway and resort locations. ashford hospitality trust invests opportunistically with a focus on full-service upscale and upper upscale hotels that have a revpar generally less than twice the u.s. national average. ashford hospitality prime and ashford hospitality trust have been public companies since november 2013 and august 2003, respectively.
Company profile
Ticker
AINC
Exchange
Website
CEO
Montgomery Bennett
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Ashford Inc
SEC CIK
Corporate docs
Subsidiaries
Ashford OAINC II Inc. • Ashford OAINC Inc. • Ashford Hospitality Holdings LLC • Ashford Advisors, Inc. • Ashford Hospitality Advisors LLC • Ashford Hospitality Services LLC • Kylemore Holdings LLC • Ashford Securities LLC • Premier Project Management LLC • Remington Holdings, L.P. ...
AINC stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
27 Mar 24
8-K
Entry into a Material Definitive Agreement
15 Mar 24
8-K
Fourth Quarter 2023 Conference Call
1 Mar 24
8-K
Ashford Announces Acceptance of Compliance Plan by Nyse American
1 Mar 24
8-K
Ashford Reports Fourth Quarter
29 Feb 24
8-K
Ashford Receives Letter of Non-compliance
26 Dec 23
8-K
Departure of Directors or Certain Officers
7 Dec 23
8-K
Entry into a Material Definitive Agreement
6 Dec 23
10-Q
2023 Q3
Quarterly report
13 Nov 23
8-K
Third Quarter 2023 Conference Call
9 Nov 23
Transcripts
AINC
Earnings call transcript
2023 Q4
1 Mar 24
AINC
Earnings call transcript
2023 Q3
9 Nov 23
AINC
Earnings call transcript
2023 Q2
3 Aug 23
AINC
Earnings call transcript
2023 Q1
3 May 23
AINC
Earnings call transcript
2022 Q4
23 Feb 23
AINC
Earnings call transcript
2022 Q3
6 Nov 22
AINC
Earnings call transcript
2022 Q2
6 Aug 22
AINC
Earnings call transcript
2022 Q1
8 May 22
AINC
Earnings call transcript
2021 Q4
25 Feb 22
AINC
Earnings call transcript
2021 Q2
31 Oct 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 64.23 mm | 64.23 mm | 64.23 mm | 64.23 mm | 64.23 mm | 64.23 mm |
Cash burn (monthly) | 1.46 mm | 1.41 mm | 1.09 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 8.71 mm | 8.42 mm | 6.51 mm | n/a | n/a | n/a |
Cash remaining | 55.53 mm | 55.81 mm | 57.72 mm | n/a | n/a | n/a |
Runway (months of cash) | 38.0 | 39.5 | 52.9 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
8.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 19 |
Opened positions | 4 |
Closed positions | 2 |
Increased positions | 4 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 1.30 bn |
Total shares | 265.41 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 130.53 k | $804.09 mm |
Renaissance Technologies | 54.25 k | $334.00 k |
Advisor | 36.32 k | $223.73 mm |
BLK Blackrock | 25.82 k | $159.07 mm |
Geode Capital Management | 17.39 k | $107.13 mm |
Tower Research Capital | 737.00 | $4.54 mm |
UBS UBS Group AG - Registered Shares | 106.00 | $653.00 k |
Salem Investment Counselors | 83.00 | $512.00 k |
GWM Advisors | 49.00 | $302.00 k |
WFC Wells Fargo & Co. | 46.00 | $281.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | Alex Rose | Common Stock | Grant | Acquire A | No | No | 0 | 15,000 | 0.00 | 32,648 |
22 Mar 24 | Hays J Robison III | Common Stock | Grant | Acquire A | No | No | 0 | 15,527 | 0.00 | 123,885 |
22 Mar 24 | Deric S Eubanks | Common Stock | Grant | Acquire A | No | No | 0 | 15,527 | 0.00 | 73,882 |
22 Mar 24 | Justin Coe | Common Stock | Grant | Acquire A | No | No | 0 | 15,000 | 0.00 | 17,826 |
22 Mar 24 | Bennett Monty J | Special Limited Partnership Units (2024) Common Stock | Grant | Acquire A | No | No | 0 | 37,640 | 0.00 | 37,640 |