480,000 Shares in Braemar Hotels & Resorts (NYSE:BHR) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Braemar Hotels & Resorts (NYSE:BHR - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 480,000 shares of the company's stock, valued at approximately $1,440,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.72% of Braemar Hotels & Resorts as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of BHR. Squarepoint Ops LLC acquired a new position in shares of Braemar Hotels & Resorts during the 4th quarter worth $92,000. Sherbrooke Park Advisers LLC acquired a new position in Braemar Hotels & Resorts during the fourth quarter worth about $48,000. ProShare Advisors LLC lifted its holdings in shares of Braemar Hotels & Resorts by 49.1% in the fourth quarter. ProShare Advisors LLC now owns 18,563 shares of the company's stock worth $56,000 after acquiring an additional 6,109 shares during the last quarter. Graham Capital Management L.P. lifted its holdings in shares of Braemar Hotels & Resorts by 55.6% in the fourth quarter. Graham Capital Management L.P. now owns 30,606 shares of the company's stock worth $92,000 after acquiring an additional 10,936 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Braemar Hotels & Resorts by 1.0% in the 4th quarter. Northern Trust Corp now owns 551,892 shares of the company's stock valued at $1,656,000 after purchasing an additional 5,480 shares in the last quarter. 64.79% of the stock is owned by institutional investors.

Braemar Hotels & Resorts Price Performance

Shares of NYSE:BHR traded up $0.06 during trading on Friday, hitting $2.36. 157,470 shares of the company were exchanged, compared to its average volume of 290,405. Braemar Hotels & Resorts has a 1-year low of $1.80 and a 1-year high of $3.95. The company has a market capitalization of $157.90 million, a P/E ratio of -3.06 and a beta of 1.06. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 4.44. The business's 50 day moving average is $2.08 and its 200-day moving average is $2.65.

Braemar Hotels & Resorts (NYSE:BHR - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.05. The business had revenue of $218.41 million for the quarter, compared to analyst estimates of $211.64 million. Braemar Hotels & Resorts had a negative return on equity of 0.78% and a negative net margin of 0.30%. Equities analysts forecast that Braemar Hotels & Resorts will post 0.31 earnings per share for the current year.

Braemar Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 8.49%. The ex-dividend date is Monday, June 30th. Braemar Hotels & Resorts's dividend payout ratio is currently -23.26%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Braemar Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Thursday, May 8th.

About Braemar Hotels & Resorts

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).