GSA Capital Partners LLP grew its position in shares of Braemar Hotels & Resorts (NYSE:BHR – Get Rating ) by 169.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,625 shares of the company’s stock after purchasing an additional 70,180 shares during the period. GSA Capital Partners LLP owned approximately 0.17% of Braemar Hotels & Resorts worth $459,000 as of its most recent SEC filing.
Several other investors have also added to or reduced their stakes in BHR. Bank of New York Mellon Corp raised its stake in Braemar Hotels & Resorts by 6.3% in the first quarter. Bank of New York Mellon Corp now owns 267,145 shares of the company’s stock valued at $1,651,000 after purchasing an additional 15,797 shares in the last quarter. MetLife Investment Management LLC raised its stake in Braemar Hotels & Resorts by 1,348.1% in the first quarter. MetLife Investment Management LLC now owns 24,401 shares of the company’s stock valued at $151,000 after purchasing an additional 22,716 shares during the last quarter. The opinion of the company Panagora Asset Management Inc. increased its position in shares of Braemar Hotels & Resorts by 155.5% in the first quarter. The opinion of the company Panagora Asset Management Inc. now owns 168,085 shares of the company’s stock valued at $1,039,000 after acquiring an additional 102,311 shares during the period. Rhumbline Advisers grew its position in shares of Braemar Hotels & Resorts by 22.1% in the first quarter. Rhumbline Advisers now owns 122,024 shares of the company’s stock valued at $754,000 after acquiring an additional 22,052 shares during the period. Finally, LSV Asset Management grew its position in shares of Braemar Hotels & Resorts by 214.4% in the first quarter. LSV Asset Management now owns 611,372 shares of the company’s stock valued at $3,778,000 after acquiring an additional 416,934 shares during the period. 75.24% of the stock currently belongs to investors and hedge funds.
Braemar Hotels & Resorts Stock Performance
NYSE BHR stock opened at $4.15 on Wednesday. The company has a debt ratio of 3.41, a current ratio of 3.17 and a quick ratio of 3.17. Braemar Hotels & Resorts has a one year low of $3.41 and a one year high of $6.64. The company has a market capitalization of $273.69 million, a PE ratio of -18.86 and a beta of 2.35. The company has a fifty day moving average of $3.91 and a two hundred day moving average of $4.24.
Braemar Hotels & Resorts offers discounts
The business also recently disclosed a dividend, which will be paid on Monday, July 17th. Shareholders of record on Friday, June 30th will be given a $0.05 dividend. The latest date of the financial report for the sector is issued on Thursday, June 29th. The company paid $0.20 per share during the last period and the annual yield was 4.82 %. The company Braemar Hotels & Resorts contributed 90.91 %.
Changes in Analyst Ratings
Recently, many analysts have analyzed the company. StockNews.com assumed coverage on Braemar Hotels & Resorts in a research report on Thursday, May 18. They set a “sell” rating on the stock. TheStreet raised Braemar Hotels & Resorts from a “d+” rating to a “c-” rating in a research report on Friday, May 5. B. Riley lowered their price target on Braemar Hotels & Resorts from $8.00 to $7.00 in a report on Tuesday, May 5. 16th. Finally, Oppenheimer lowered their target price on Braemar Hotels & Resorts from $7.50 to $7.00 and set an “outperform” rating on the stock in a report on Wednesday, March 1st. One research analyst has rated the stock with a sell rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a “Moderate Buy” rating and a consensus price target of $10.00.
About Braemar Hotels & Resorts
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Braemar Hotels & Resorts is an active REIT that invests in high RevPAR, luxury hotels and restaurants. We are listed on the New York Stock Exchange under the symbol BHR and are advised by Ashford (NYSE American: AINC).
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Want to see what other hedge funds are holding BHR? Visit HoldingsChannel.com for the latest 13F filings and insider trading information for Braemar Hotels & Resorts (NYSE:BHR – Get Exams).
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