116,537 Shares in Braemar Hotels & Resorts (NYSE:BHR) Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC purchased a new stake in shares of Braemar Hotels & Resorts (NYSE:BHR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 116,537 shares of the company’s stock, valued at approximately $350,000. Segall Bryant & Hamill LLC owned about 0.18% of Braemar Hotels & Resorts as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC increased its position in shares of 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 during the period. Rhumbline Advisers raised its position in Braemar Hotels & Resorts by 1.4% during the 4th quarter. Rhumbline Advisers now owns 393,218 shares of the company’s stock valued at $1,180,000 after purchasing an additional 5,293 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in Braemar Hotels & Resorts by 27.4% in the 3rd 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 during the period. Intech Investment Management LLC bought a new stake in shares of Braemar Hotels & Resorts in the 3rd quarter worth approximately $36,000. Finally, Verition Fund Management LLC bought a new stake in shares of Braemar Hotels & Resorts in the 3rd quarter worth approximately $68,000. Hedge funds and other institutional investors own 64.79% of the company’s stock.

Braemar Hotels & Resorts Price Performance

BHR opened at $2.63 on Friday. The company has a debt-to-equity ratio of 4.44, a quick ratio of 2.20 and a current ratio of 2.20. The stock has a market capitalization of $176.00 million, a PE ratio of -3.41 and a beta of 2.09. The stock’s 50 day moving average price is $2.73 and its 200-day moving average price is $3.01. Braemar Hotels & Resorts has a 52-week low of $1.91 and a 52-week high of $3.95.

Braemar Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a $0.05 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.20 annualized dividend and a dividend yield of 7.62%. Braemar Hotels & Resorts’s dividend payout ratio is -25.97%.

Braemar Hotels & Resorts Profile

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).