Sotherly Hotels Inc. (NASDAQ:SOHO) Shares Purchased by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL raised its holdings in shares of Sotherly Hotels Inc. (NASDAQ:SOHO) by 34.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 628,517 shares of the real estate investment trust’s stock after acquiring an additional 161,829 shares during the quarter. Gamco Investors INC. ET AL owned approximately 3.17% of Sotherly Hotels worth $585,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SOHO. Prudential Financial Inc. acquired a new position in shares of Sotherly Hotels during the 4th quarter worth approximately $33,000. Thompson Davis & CO. Inc. grew its holdings in Sotherly Hotels by 21.7% during 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 buying an additional 57,666 shares during the last quarter. Finally, Gator Capital Management LLC increased its position in Sotherly Hotels by 4.8% during the fourth quarter. Gator Capital Management LLC now owns 1,000,187 shares of the real estate investment trust’s stock worth $932,000 after buying an additional 45,383 shares in the last quarter. Institutional investors and hedge funds own 27.54% of the company’s stock.

Sotherly Hotels Trading Up 4.7 %

Shares of SOHO opened at $0.72 on Friday. Sotherly Hotels Inc. has a fifty-two week low of $0.59 and a fifty-two week high of $1.54. The company has a market capitalization of $14.48 million, a PE ratio of -2.18 and a beta of 1.06. The stock has a fifty day moving average of $0.76 and a two-hundred day moving average of $0.93. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.51 and a current ratio of 1.51.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Sotherly Hotels in a report on Sunday, April 13th. They issued a “hold” rating on the stock.

About Sotherly Hotels

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.