StockNews.com Begins Coverage of Sotherly Hotels (NASDAQ:SOHO)

Equities research analysts at StockNews.com have assumed coverage of the stock Sotherly Hotels (NASDAQ:SOHO – Get Free Report) in a report published on Saturday. The firm set a “hold” rating on the real estate investment trust’s stock.

Sotherly Hotels trades up 2.5%

Shares of Sotherly Hotels stock opened at $1.25 on Friday. The company has a debt-to-equity ratio of 6.63, a current ratio of 1.38, and a quick ratio of 1.38. The firm has a fifty day moving average price of $1.22 and a 200 day moving average price of $1.31. Sotherly Hotels has a 1 year low of $1.07 and a 1 year high of $2.01. The stock has a market cap of $24.81 million, a PE ratio of -5.95 and a beta of 1.67.

Institutional inputs and outputs

An institutional investor recently raised its position in Sotherly Hotels shares. JW Cole Advisors Inc. increased its position in Sotherly Hotels Inc. (NASDAQ:SOHO – Free Report) by 17.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,650 shares of the real estate investment trust’s stock after purchasing an additional 8,050 shares during the period. JW Cole Advisors Inc. owned about 0.27% of Sotherly Hotels worth $80,000 at the end of the most recent quarter. Institutional investors and hedge funds own 27.54% of the company’s shares.

About Sotherly Hotels

(Get a free report)

Sotherly Hotels Inc is a privately owned and operated lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale full-service hotels in the Southern United States. Sotherly may also acquire hotels throughout the United States in due course.

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