Thompson Davis & CO. Inc. reduced its holdings in Sotherly Hotels Inc. (NASDAQ:SOHO – Free Report) by 55.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 578,175 shares of the real estate investment trust’s stock after selling 727,916 shares during the quarter. Sotherly Hotels comprises 0.7% of Thompson Davis & CO. Inc.’s investment portfolio, making the stock its 18th largest position. Thompson Davis & CO. Inc. owned approximately 2.93% of Sotherly Hotels worth $861,000 as of its most recent SEC filing.
Separately, J.W. Cole Advisors Inc. grew its position in shares of Sotherly Hotels by 17.7% in the 4th quarter. J.W. Cole Advisors Inc. now owns 53,650 shares of the real estate investment trust’s stock worth $80,000 after buying an additional 8,050 shares during the last quarter. 27.54% of the stock is currently owned by hedge funds and other institutional investors.
Sotherly Hotels Stock Up 0.8 %
Shares of NASDAQ SOHO traded up $0.01 during mid-day trading on Tuesday, hitting $1.31. 7,586 shares of the stock traded hands, compared to its average volume of 44,524. The company has a debt-to-equity ratio of 6.63, a quick ratio of 1.38 and a current ratio of 1.38. Sotherly Hotels Inc. has a 52 week low of $1.13 and a 52 week high of $2.50. The company has a market cap of $26.00 million, a price-to-earnings ratio of -6.24 and a beta of 1.63. The stock has a fifty day moving average price of $1.36 and a 200-day moving average price of $1.44.
Analyst Ratings Changes
View Our Latest Stock Analysis on SOHO
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.
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