Financial Results, New Launches, Presentation Schedules, and Quarterly Dividends - Analyst Notes on Ashford Trust, RLJ Lodging Trust, Apollo Investment, Allied World and Equity One
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, May 15, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Ashford Hospitality Trust Inc. (NYSE: AHT), RLJ Lodging Trust (NYSE: RLJ), Apollo Investment Corporation (NASDAQ: AINV), Allied World Assurance Company Holdings, AG (NYSE: AWH) and Equity One Inc. (NYSE: EQY). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2493-100free.
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Ashford Hospitality Trust Inc. Analyst Notes
On May 8, 2014, Ashford Hospitality Trust Inc. (Ashford Trust) reported its Q1 2014 financial results. Quarterly revenues decreased 15.7% YoY to $195.6 million. Q1 2014 net loss attributable to common shareholders was $10.9 million or $0.13 loss per diluted share, compared to Q1 2013 net loss attributable to common shareholders of $23.2 million or $0.34 loss per diluted share. Commenting on the results, Company Chairman and CEO, Monty J. Bennett, said, "We are extremely pleased with our first quarter results which reflect continued improvement in the operating performance of our Ashford Trust portfolio. You can expect us to continue to proactively address our debt maturities and opportunistically take out excess proceeds to grow our cash balance. Also, on the acquisition front, we continue to see attractive investment opportunities and will seek to grow our portfolio if we believe it is accretive to shareholder value." The full analyst notes on Ashford Trust are available to download free of charge at:
http://www.analystsreview.com/2493-AHT-15May2014.pdf
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RLJ Lodging Trust Analyst Notes
On May 7, 2014, RLJ Lodging Trust (RLJ Lodging Trust) reported its Q1 2014 financial results. Total revenue for the quarter went up by 10.0% YoY to $236.4 million. Net income attributable to shareholders for Q1 2014 came in at $11.9 million or $0.10 per diluted share, compared to $8.5 million or $0.08 per diluted share in Q1 2013. Commenting on the results, Company President and CEO, Thomas J. Baltimore, Jr., stated, "We started 2014 with very strong momentum. We completed several key transactions in addition to once again reporting strong operational results. We started 2014 with very strong momentum. We completed several key transactions in addition to once again reporting strong operational results." The full analyst notes on RLJ Lodging Trust are available to download free of charge at:
http://www.analystsreview.com/2493-RLJ-15May2014.pdf
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Apollo Investment Corporation Analyst Notes
On May 8, 2014, Apollo Investment Corporation (Apollo Investment) announced that the Company's President, Ted Goldthorpe, is scheduled to present on May 21, 2014, at the 2014 Wells Fargo Specialty Finance Conference. The presentation will begin at 9:15 a.m. EDT and will be held at the InterContinental New York Times Square in New York City. Additionally, the Company stated that a live audio webcast of the presentation will be made available via its website, along with a replay shortly after the event. The full analyst notes on Apollo Investment are available to download free of charge at:
http://www.analystsreview.com/2493-AINV-15May2014.pdf
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Allied World Assurance Company Holdings, AG Analyst Notes
On May 6, 2014, Allied World Assurance Company Holdings, AG (Allied World) announced the launch of Allied World Bermuda's Thirty2°/Sixty4°℠ suite that addresses a wide range of liability exposures currently facing corporations and their executives and employees. The Company said that the suite offers five distinct primary coverage components: Directors & Officers Liability, Employment Practices Liability (EPL), Employed Lawyers Coverage, Fiduciary Liability, and Wage & Hour Coverage. Commenting on this launch, Senior Vice President, Bermuda and International Professional Liability Product Line Manager, Ed Moresco, stated, "This product suite fills a void in the Bermuda market as our clients may combine a number of management liability coverages into a single primary policy, with customized limits and retentions. The ability to purchase a separate or shared limit for EPL and Wage & Hour, which includes indemnity and defense costs coverage, provides maximum flexibility to our clients. In addition, the primary D&O Liability policy is the only one of its kind currently offered in Bermuda." The full analyst notes on Allied World are available to download free of charge at:
http://www.analystsreview.com/2493-AWH-15May2014.pdf
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Equity One Inc. Analyst Notes
On May 12, 2014, the Board of Directors of Equity One Inc. (Equity One) declared a Q2 2014 cash dividend of $0.22 per share of its common stock. According to the Company, the quarterly cash dividend is payable on June 30, 2014, to stockholders of record as of June 16, 2014. The full analyst notes on Equity One are available to download free of charge at:
http://www.analystsreview.com/2493-EQY-15May2014.pdf
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