Braemar Hotels & Resorts (NYSE:BHR) has been suspended at StockNews.com

Braemar Hotels & Resorts (NYSE:BHR – Get Free Report) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Tuesday.

Braemar Hotels & Resorts price performance

Shares of NYSE BHR traded down $0.04 during midday trading on Tuesday, reaching $3.05. 236,824 shares of the company traded hands, compared to its average volume of 309,151. The stock’s 50-day moving average price is $3.14 and its 200-day moving average price is $2.81. The stock has a market cap of $202.42 million, a P/E ratio of -2.72 and a beta of 2.00. The company has a quick ratio of 1.68, a current ratio of 1.68, and a debt-to-equity ratio of 4.18. Braemar Hotels & Resorts has a one year low of $1.79 and a one year high of $3.95.

Institutional trading of Braemar Hotels & Resorts

A number of hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets raised its stake in shares of Braemar Hotels & Resorts by 216.1% in the first quarter. BNP Paribas Financial Markets now owns 54,745 shares of the company’s stock valued at $109,000 after purchasing an additional 37,424 shares during the period. Allspring Global Investments Holdings LLC grew its position in Braemar Hotels & Resorts by 9.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 59,263 shares of the company’s stock valued at $119,000 after acquiring an additional 4,994 shares during the period. Los Angeles Capital Management LLC grew its position in Braemar Hotels & Resorts by 18.9% in the first quarter. Los Angeles Capital Management LLC now owns 158,099 shares of the company’s stock valued at $316,000 after acquiring an additional 25,119 shares during the period. Newbridge Financial Services Group Inc. bought a new position in shares of Braemar Hotels & Resorts during the fourth quarter valued at $177,000. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Braemar Hotels & Resorts by 10.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 159,154 shares of the company’s stock worth $319,000 after buying an additional 14,525 shares in the last quarter. 64.79% of shares are owned by institutional investors and hedge funds.

About Braemar Hotels & Resorts

(Get a free report)

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).

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