Thompson Davis & CO. Inc. Has $301,000 Holdings in Sotherly Hotels Inc. (NASDAQ:SOHO)

Thompson Davis & CO. Inc. lifted its holdings in shares of Sotherly Hotels Inc. (NASDAQ:SOHO) by 21.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 323,201 shares of the real estate investment trust’s stock after buying an additional 57,666 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in Sotherly Hotels were worth $301,000 at the end of the most recent quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of Sotherly Hotels in a research report on Sunday, February 16th. They set a “hold” rating for the company.

Sotherly Hotels Stock Performance

Shares of NASDAQ SOHO opened at $0.83 on Friday. The firm has a 50 day moving average price of $0.89 and a 200 day moving average price of $1.07. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.51 and a current ratio of 1.51. Sotherly Hotels Inc. has a 52-week low of $0.78 and a 52-week high of $1.54.

Sotherly Hotels Company 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.