Sotherly Hotels Inc. (NASDAQ:SOHO) Shares Bought by Gator Capital Management LLC

Gator Capital Management LLC lifted its holdings in shares of Sotherly Hotels Inc. (NASDAQ:SOHO) by 4.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,000,187 shares of the real estate investment trust’s stock after purchasing an additional 45,383 shares during the quarter. Gator Capital Management LLC owned about 0.05% of Sotherly Hotels worth $932,000 as of its most recent filing with the SEC.

Separately, Prudential Financial Inc. acquired a new stake in Sotherly Hotels during the 4th quarter worth approximately $33,000. Institutional investors own 27.54% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Sotherly Hotels in a research note on Saturday. They issued a “hold” rating for the company.

Sotherly Hotels Price Performance

Shares of NASDAQ SOHO opened at $0.63 on Friday. The stock’s 50-day moving average is $0.79 and its two-hundred day moving average is $0.98. The company has a debt-to-equity ratio of 7.16, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market cap of $12.56 million, a price-to-earnings ratio of -1.92 and a beta of 1.51. Sotherly Hotels Inc. has a 1-year low of $0.60 and a 1-year high of $1.54.

Sotherly Hotels Profile

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.