SOTHERLY HOTELS/SH SH (NASDAQ:SOHO) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.

Separately, Zacks Investment Research lowered shares of SOTHERLY HOTELS/SH SH from a “buy” rating to a “hold” rating in a research note on Thursday, May 10th.

Shares of SOHO stock opened at $7.40 on Friday. The firm has a market cap of $103.49 million, a price-to-earnings ratio of 7.40 and a beta of 0.61. The company has a debt-to-equity ratio of 4.11, a current ratio of 2.61 and a quick ratio of 2.61. SOTHERLY HOTELS/SH SH has a 12 month low of $5.81 and a 12 month high of $7.47.

SOTHERLY HOTELS/SH SH (NASDAQ:SOHO) last announced its quarterly earnings results on Tuesday, August 7th. The real estate investment trust reported $0.10 EPS for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.18). The business had revenue of $51.55 million for the quarter, compared to the consensus estimate of $43.80 million. SOTHERLY HOTELS/SH SH had a net margin of 0.41% and a return on equity of 0.78%. analysts forecast that SOTHERLY HOTELS/SH SH will post 1.04 EPS for the current year.

A number of hedge funds have recently made changes to their positions in SOHO. Millennium Management LLC bought a new stake in SOTHERLY HOTELS/SH SH during the 4th quarter valued at $126,000. Deutsche Bank AG grew its stake in shares of SOTHERLY HOTELS/SH SH by 27.1% in the 4th quarter. Deutsche Bank AG now owns 92,811 shares of the real estate investment trust’s stock worth $598,000 after acquiring an additional 19,766 shares in the last quarter. Granahan Investment Management Inc. MA grew its stake in shares of SOTHERLY HOTELS/SH SH by 17.2% in the 2nd quarter. Granahan Investment Management Inc. MA now owns 169,137 shares of the real estate investment trust’s stock worth $1,181,000 after acquiring an additional 24,848 shares in the last quarter. UBS Group AG grew its stake in shares of SOTHERLY HOTELS/SH SH by 132.3% in the 1st quarter. UBS Group AG now owns 198,424 shares of the real estate investment trust’s stock worth $1,373,000 after acquiring an additional 113,007 shares in the last quarter. Finally, Cottage Street Advisors LLC bought a new stake in shares of SOTHERLY HOTELS/SH SH in the 2nd quarter worth $1,395,000. Institutional investors and hedge funds own 29.73% of the company’s stock.

About SOTHERLY HOTELS/SH SH

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. Currently, the Company's portfolio consists of investments in twelve hotel properties, comprising 3,156 rooms, and an interest in the Hyde Resort & Residences, a luxury condo hotel.

Further Reading: Return on Investment (ROI)

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