Steward Companions Funding Advisory LLC acquired a brand new curiosity in Braemar Resorts & Resorts (NYSE: BHR – received rating) within the first quarter, in accordance with the corporate in its most up-to-date 13F submitting with the Securities & Change Fee. The institutional investor purchased 27,649 shares of the corporate’s inventory, valued at roughly $171,000.
Quite a few different hedge funds and different institutional buyers have additionally not too long ago modified their positions on this enterprise. Connor Clark & Lunn Funding Administration Ltd. elevated its stake in Braemar Resorts & Resorts by 4.7% within the fourth quarter. Connor Clark & Lunn Funding Administration Ltd. now owns 237,360 shares of the Firm’s shares valued at $1,211,000 after buying a further 10,719 shares final quarter. First Belief Advisors LP purchased a brand new place in Braemar Resorts & Resorts inventory valued at roughly $52,000 in the course of the fourth quarter. Lazard Asset Administration LLC purchased a brand new place in Braemar Resorts & Resorts inventory valued at round $241,000 in the course of the fourth quarter. Nisa Funding Advisors LLC elevated its holding in Braemar Resorts & Resorts by 129.0% within the first quarter. Nisa Funding Advisors LLC now owns 59,293 shares of the corporate’s inventory valued at $366,000 after buying a further 33,400 shares in the course of the interval. Lastly, within the fourth quarter, First Eagle Funding Administration LLC elevated its stake in Braemar Resorts & Resorts by 198.4%. First Eagle Funding Administration LLC now owns 192,515 shares of the corporate’s inventory valued at $982,000 after buying a further 128,000 shares in the course of the interval. Institutional buyers personal 68.99% of the corporate’s shares.
Insider Transactions at Braemar Resorts & Resorts
In associated information, Director Monty J. Bennett bought 44,444 shares of the corporate’s inventory in a transaction Tuesday, Could 17. The inventory was bought at a mean value of $22.50 per share for a complete transaction of $999,990.00. Following the acquisition, the director now owns 44,444 shares of the corporate, valued at $999,990. The acquisition was disclosed in a submitting with the SEC accessible at the SEC website. Firm insiders personal 4.70% of the corporate’s shares.
Braemar Resorts & Resorts inventory efficiency
NYSE BHR opened Monday for $5.19. The inventory has a market cap of $369.89 million, a P/E of -13.66 and a beta of two.52. The corporate has a 50-day easy shifting common of $5.12 and a 200-day easy shifting common of $5.58. The corporate has a gearing ratio of two.97, a present ratio of two.52 and a fast ratio of two.52. Braemar Resorts & Resorts has a 1 12 months low of $4.06 and a 1 12 months excessive of $6.64.
Braemar Resorts & Resorts publicizes dividend
The corporate additionally not too long ago introduced a quarterly dividend, which was paid on Friday, July fifteenth. Stockholders of report on Thursday, June 30 have been paid a dividend of $0.01. That equates to a dividend of $0.04 on an annualized foundation and a dividend yield of 0.77%. The ex-dividend date of this dividend was Wednesday June twenty ninth. Braemar Resorts & Resorts Dividend Payout Ratio (DPR) is -10.53%.
Analysts set new value targets
BHR has been the topic of a number of current analyst experiences. Oppenheimer opened protection of Braemar Resorts & Resorts in a analysis word on Thursday, April 21. They set an “outperform” score and a value goal of $9.00 for the inventory. B. Riley reiterated a purchase score and value goal of $11.00 (beforehand $10.00) on shares of Braemar Resorts & Resorts in a report on Monday, Could sixteenth. Lastly, Deutsche Financial institution Aktiengesellschaft elevated its goal value on Braemar Resorts & Resorts from $15.00 to $16.00 in a report on Wednesday, Could 18. Two equities analysis analysts have rated the inventory with a maintain score and three have given it a purchase score. Primarily based on knowledge from MarketBeat.com, the inventory has a consensus score of Reasonable Purchase and a consensus value goal of $10.75.
Firm profile of Braemar Resorts & Resorts
Braemar Resorts & Resorts is a conservatively capitalized REIT investing primarily in excessive RevPAR, full-service luxurious resorts and resorts. We’re listed on the New York Inventory Change underneath the image BHR and are externally suggested by Ashford (NYSE American: AINC).
Wish to see what different hedge funds are holding BHR? Visit HoldingsChannel.com to get the most recent 13F filings and insider buying and selling for Braemar Resorts & Resorts (NYSE: BHR – received rating).
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