Sotherly Hotels (NASDAQ:SOHO) Earns Hold Rating from Analysts at StockNews.com

Analysts at StockNews.com assumed coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research note issued on Thursday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

Sotherly Hotels Stock Up 0.3 %

Shares of SOHO stock opened at $0.80 on Thursday. Sotherly Hotels has a 1 year low of $0.76 and a 1 year high of $1.54. The stock has a market cap of $15.78 million, a PE ratio of -2.41 and a beta of 1.51. The business’s fifty day moving average is $0.83 and its 200-day moving average is $1.02. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.51 and a current ratio of 1.51.

Hedge Funds Weigh In On Sotherly Hotels

Hedge funds have recently modified their holdings of the company. Thompson Davis & CO. Inc. increased its position in shares of Sotherly Hotels by 21.7% during the 4th quarter. Thompson Davis & CO. Inc. now owns 323,201 shares of the real estate investment trust’s stock valued at $301,000 after purchasing an additional 57,666 shares during the period. Repertoire Partners LP acquired a new position in shares of Sotherly Hotels during the 4th quarter valued at $442,000. Gamco Investors INC. ET AL increased its position in shares of Sotherly Hotels by 34.7% during the 4th quarter. Gamco Investors INC. ET AL now owns 628,517 shares of the real estate investment trust’s stock valued at $585,000 after purchasing an additional 161,829 shares during the period. Gator Capital Management LLC grew its holdings in shares of Sotherly Hotels by 4.8% in the 4th 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. Finally, Prudential Financial Inc. acquired a new position in shares of Sotherly Hotels in the 4th quarter worth $33,000. 27.54% of the stock is currently owned by institutional investors and hedge funds.

Sotherly Hotels Company Profile

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.