Campbell Capital Management Inc. Has $148,000 Holdings in Braemar Hotels & Resorts (NYSE:BHR)

Campbell Capital Management Inc. cut its stake in shares of Braemar Hotels & Resorts (NYSE:BHR) by 71.7% in the 4th quarter, HoldingsChannel reports. The fund owned 49,422 shares of the company’s stock after selling 125,238 shares during the quarter. Campbell Capital Management Inc.’s holdings in Braemar Hotels & Resorts were worth $148,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of BHR. Intech Investment Management LLC acquired a new stake in Braemar Hotels & Resorts during the third quarter worth approximately $36,000. BNP Paribas Financial Markets lifted its position in Braemar Hotels & Resorts by 27.4% during the third quarter. BNP Paribas Financial Markets now owns 38,127 shares of the company’s stock worth $118,000 after acquiring an additional 8,206 shares during the last quarter. Verition Fund Management LLC acquired a new stake in shares of Braemar Hotels & Resorts in the third quarter valued at approximately $68,000. State Street Corp raised its position in shares of Braemar Hotels & Resorts by 2.7% in the third quarter. State Street Corp now owns 1,252,550 shares of the company’s stock valued at $3,932,000 after buying an additional 33,278 shares in the last quarter. Finally, Barclays PLC raised its position in shares of Braemar Hotels & Resorts by 55.0% in the third quarter. Barclays PLC now owns 127,641 shares of the company’s stock valued at $394,000 after buying an additional 45,284 shares in the last quarter. 64.79% of the stock is currently owned by institutional investors and hedge funds.

Braemar Hotels & Resorts Stock Down 1.2 %

NYSE BHR opened at $2.98 on Friday. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 4.44. Braemar Hotels & Resorts has a 1-year low of $1.79 and a 1-year high of $3.95. The company has a 50 day moving average of $2.70 and a 200-day moving average of $3.03. The company has a market cap of $197.90 million, a price-to-earnings ratio of -3.86 and a beta of 2.09.

Braemar Hotels & Resorts Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 6.72%. Braemar Hotels & Resorts’s payout ratio is -25.97%.

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).