SG Americas Securities LLC Purchases 4,408 Shares of Braemar Hotels & Resorts (NYSE:BHR)

SG Americas Securities LLC raised its stake in Braemar Hotels & Resorts (NYSE:BHR) by 15.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,216 shares of the company’s stock after acquiring an additional 4,408 shares during the period. SG Americas Securities LLC’s holdings in Braemar Hotels & Resorts were worth $100,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of BHR. Intech Investment Management LLC bought a new stake in Braemar Hotels & Resorts in the third quarter valued at $36,000. Verition Fund Management LLC bought a new stake in Braemar Hotels & Resorts in the third quarter valued at $68,000. BNP Paribas Financial Markets grew its position in Braemar Hotels & Resorts by 27.4% in the third quarter. BNP Paribas Financial Markets now owns 38,127 shares of the company’s stock valued at $118,000 after acquiring an additional 8,206 shares during the period. PFG Investments LLC grew its position in Braemar Hotels & Resorts by 74.4% in the third quarter. PFG Investments LLC now owns 79,512 shares of the company’s stock valued at $246,000 after acquiring an additional 33,932 shares during the period. Finally, Barclays PLC grew its position in Braemar Hotels & Resorts by 55.0% in the third quarter. Barclays PLC now owns 127,641 shares of the company’s stock valued at $394,000 after acquiring an additional 45,284 shares during the period. 64.79% of the stock is currently owned by institutional investors.

Braemar Hotels & Resorts Price Performance

Braemar Hotels & Resorts stock opened at $2.60 on Thursday. The company has a debt-to-equity ratio of 4.44, a quick ratio of 2.20 and a current ratio of 2.20. The firm has a market cap of $172.95 million, a P/E ratio of -3.38 and a beta of 2.05. The business’s fifty day moving average is $2.91 and its two-hundred day moving average is $3.06. Braemar Hotels & Resorts has a 52 week low of $1.79 and a 52 week high of $3.95.

Braemar Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 7.69%. The ex-dividend date of this dividend is Monday, March 31st. Braemar Hotels & Resorts’s dividend payout ratio is currently -25.97%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Braemar Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th.

Braemar Hotels & Resorts Profile

Braemar Hotels & Resorts is a conservatively capitalized REIT that invests primarily in high RevPAR, full-service luxury hotels and resorts. We are listed on the New York Stock Exchange under the symbol BHR and are externally-advised by Ashford (NYSE American: AINC).