Bard Associates Inc. Has $381,000 Stake in Sotherly Hotels Inc. (NASDAQ:SOHO)

Bard Associates Inc. trimmed its position in Sotherly Hotels Inc. (NASDAQ:SOHO) by 8.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 408,625 shares of the real estate investment trust’s stock after selling 39,580 shares during the quarter. Bard Associates Inc. owned 2.06% of Sotherly Hotels worth $381,000 at the end of the most recent reporting period.

Separately, Thompson Davis & CO. Inc. increased its stake in Sotherly Hotels by 21.7% in the fourth quarter. Thompson Davis & CO. Inc. now owns 323,201 shares of the real estate investment trust’s stock valued at $301,000 after acquiring an additional 57,666 shares during the last quarter. 27.54% of the stock is owned by institutional investors.

Sotherly Hotels Stock Performance

NASDAQ SOHO opened at $0.81 on Tuesday. The firm’s fifty day moving average price is $0.87 and its two-hundred day moving average price is $1.06. The stock has a market cap of $16.08 million, a PE ratio of -2.45 and a beta of 1.53. Sotherly Hotels Inc. has a fifty-two week low of $0.78 and a fifty-two week high of $1.54. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.51 and a current ratio of 1.51.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Sotherly Hotels in a research note on Tuesday. They set a “hold” rating on the stock.

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.