Segall Bryant & Hamill LLC Invests $350,000 in Braemar Hotels & Resorts (NYSE:BHR)

Segall Bryant & Hamill LLC acquired a new stake in shares of Braemar Hotels & Resorts (NYSE:BHR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 116,537 shares of the company's stock, valued at approximately $350,000. Segall Bryant & Hamill LLC owned 0.18% of Braemar Hotels & Resorts as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of BHR. Barclays PLC boosted its stake in shares of Braemar Hotels & Resorts by 55.0% during the third quarter. Barclays PLC now owns 127,641 shares of the company's stock valued at $394,000 after purchasing an additional 45,284 shares during the period. Rhumbline Advisers lifted its holdings in Braemar Hotels & Resorts by 1.4% during the 4th quarter. Rhumbline Advisers now owns 393,218 shares of the company's stock valued at $1,180,000 after buying an additional 5,293 shares in the last quarter. Geode Capital Management LLC boosted its position in Braemar Hotels & Resorts by 2.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,425,781 shares of the company's stock valued at $4,406,000 after buying an additional 39,556 shares during the period. BNP Paribas Financial Markets grew its stake in Braemar Hotels & Resorts by 27.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 38,127 shares of the company's stock worth $118,000 after acquiring an additional 8,206 shares in the last quarter. Finally, State Street Corp increased its position in shares of Braemar Hotels & Resorts by 2.7% during the third quarter. State Street Corp now owns 1,252,550 shares of the company's stock worth $3,932,000 after acquiring an additional 33,278 shares during the period. Institutional investors own 64.79% of the company's stock.

Remove Ads

Braemar Hotels & Resorts Trading Up 1.4 %

Shares of Braemar Hotels & Resorts stock traded up $0.04 on Wednesday, hitting $2.59. 58,723 shares of the company traded hands, compared to its average volume of 287,296. Braemar Hotels & Resorts has a 52 week low of $1.91 and a 52 week high of $3.95. The company has a market cap of $173.32 million, a PE ratio of -3.36 and a beta of 2.09. The stock's 50 day moving average price is $2.73 and its 200-day moving average price is $3.01. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 4.44.

Braemar Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 7.74%. The ex-dividend date is Monday, March 31st. Braemar Hotels & Resorts's dividend payout ratio is -25.97%.

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).