Sotherly Hotels (NASDAQ:SOHO) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research report released on Tuesday. The brokerage issued a hold rating on the real estate investment trust’s stock.

Sotherly Hotels Trading Down 0.0 %

NASDAQ:SOHO opened at $0.81 on Tuesday. The business’s 50-day moving average is $0.86 and its two-hundred day moving average is $1.05. The company has a debt-to-equity ratio of 7.16, a current ratio of 1.51 and a quick ratio of 1.51. Sotherly Hotels has a 12 month low of $0.78 and a 12 month high of $1.54. The firm has a market capitalization of $16.08 million, a PE ratio of -2.45 and a beta of 1.53.

Institutional Trading of Sotherly Hotels

A number of hedge funds and other institutional investors have recently modified their holdings of SOHO. Prudential Financial Inc. purchased a new stake in shares of Sotherly Hotels during the fourth quarter worth about $33,000. Thompson Davis & CO. Inc. increased its position in shares of Sotherly Hotels by 21.7% during the fourth quarter. Thompson Davis & CO. Inc. now owns 323,201 shares of the real estate investment trust’s stock worth $301,000 after acquiring an additional 57,666 shares during the last quarter. Repertoire Partners LP purchased a new stake in shares of Sotherly Hotels during the fourth quarter worth about $442,000. Gamco Investors INC. ET AL increased its position in shares of Sotherly Hotels by 34.7% during the fourth quarter. Gamco Investors INC. ET AL now owns 628,517 shares of the real estate investment trust’s stock worth $585,000 after acquiring an additional 161,829 shares during the last quarter. Finally, Gator Capital Management LLC increased its position in shares of Sotherly Hotels by 4.8% during the fourth quarter. Gator Capital Management LLC now owns 1,000,187 shares of the real estate investment trust’s stock worth $932,000 after acquiring an additional 45,383 shares during the last quarter. 27.54% of the stock is owned by hedge funds and other institutional investors.

About Sotherly Hotels

Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.