Repertoire Partners LP Takes $442,000 Position in Sotherly Hotels Inc. (NASDAQ:SOHO)

Repertoire Partners LP purchased a new stake in Sotherly Hotels Inc. (NASDAQ:SOHO) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 474,938 shares of the real estate investment trust’s stock, valued at approximately $442,000. Sotherly Hotels accounts for approximately 0.2% of Repertoire Partners LP’s holdings, making the stock its 11th largest holding. Repertoire Partners LP owned approximately 2.39% of Sotherly Hotels as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Gamco Investors INC. ET AL boosted its stake in shares of Sotherly Hotels by 34.7% during the fourth quarter. Gamco Investors INC. ET AL now owns 628,517 shares of the real estate investment trust’s stock worth $585,000 after buying an additional 161,829 shares during the period. Thompson Davis & CO. Inc. increased its holdings in shares of Sotherly Hotels by 21.7% in the 4th quarter. Thompson Davis & CO. Inc. now owns 323,201 shares of the real estate investment trust’s stock valued at $301,000 after purchasing an additional 57,666 shares in the last quarter. Gator Capital Management LLC lifted its position in shares of Sotherly Hotels by 4.8% during the 4th quarter. Gator Capital Management LLC now owns 1,000,187 shares of the real estate investment trust’s stock valued at $932,000 after acquiring an additional 45,383 shares during the period. Finally, Prudential Financial Inc. purchased a new stake in Sotherly Hotels during the fourth quarter worth $33,000. 27.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Sotherly Hotels in a research report on Thursday, May 15th. They set a “hold” rating for the company.

Sotherly Hotels Trading Up 2.7%

NASDAQ:SOHO opened at $0.80 on Wednesday. The business’s 50-day moving average is $0.73 and its two-hundred day moving average is $0.86. The firm has a market capitalization of $16.10 million, a PE ratio of -2.42 and a beta of 0.89. The company has a debt-to-equity ratio of 7.16, a current ratio of 1.51 and a quick ratio of 1.51. Sotherly Hotels Inc. has a 12 month low of $0.59 and a 12 month high of $1.54.

Sotherly Hotels (NASDAQ:SOHO) last released its quarterly earnings results on Tuesday, May 13th. The real estate investment trust reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. The business had revenue of $48.31 million during the quarter, compared to the consensus estimate of $47.40 million. Sotherly Hotels had a net margin of 0.92% and a return on equity of 3.48%. Research analysts predict that Sotherly Hotels Inc. will post 0.55 earnings per share for the current fiscal year.

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.