Campbell Capital Management Inc. Has $148,000 Stake in Braemar Hotels & Resorts (NYSE:BHR)

Campbell Capital Management Inc. lowered its holdings in Braemar Hotels & Resorts (NYSE:BHR - Free Report) by 71.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 49,422 shares of the company's stock after selling 125,238 shares during the period. Campbell Capital Management Inc. owned approximately 0.07% of Braemar Hotels & Resorts worth $148,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Intech Investment Management LLC acquired a new position in Braemar Hotels & Resorts in the 3rd quarter valued at $36,000. Verition Fund Management LLC acquired a new stake in Braemar Hotels & Resorts during the 3rd quarter worth approximately $68,000. SG Americas Securities LLC grew its position in Braemar Hotels & Resorts by 15.3% in the fourth quarter. SG Americas Securities LLC now owns 33,216 shares of the company's stock valued at $100,000 after acquiring an additional 4,408 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of Braemar Hotels & Resorts by 27.4% during the third quarter. BNP Paribas Financial Markets now owns 38,127 shares of the company's stock worth $118,000 after buying an additional 8,206 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Braemar Hotels & Resorts during the fourth quarter worth $162,000. Hedge funds and other institutional investors own 64.79% of the company's stock.

Braemar Hotels & Resorts Price Performance

BHR stock traded up $0.05 during trading on Wednesday, hitting $2.99. The company had a trading volume of 118,843 shares, compared to its average volume of 286,047. The firm has a market capitalization of $200.14 million, a price-to-earnings ratio of -3.88 and a beta of 2.09. The business has a 50 day moving average of $2.71 and a 200 day moving average of $3.02. Braemar Hotels & Resorts has a fifty-two week low of $1.82 and a fifty-two week high of $3.95. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 4.44.

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Braemar Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.05 per share. The ex-dividend date is Monday, March 31st. This represents a $0.20 annualized dividend and a yield of 6.70%. Braemar Hotels & Resorts's dividend payout ratio (DPR) is presently -25.97%.

About Braemar Hotels & Resorts

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).