Braemar Hotels & Resorts Inc (NYSE: BHR) is 24.40% higher on its value in year-to-date trading and has touched a low of $1.79 and a high of $3.95 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BHR stock was last observed hovering at around $3.07 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $3.11, the stock is 5.39% and 0.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.15 million and changing 1.30% at the moment leaves the stock 21.26% off its SMA200. BHR registered 11.87% gain for a year compared to 6-month gain of 45.33%.
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The stock witnessed a -4.89% loss in the last 1 month and extending the period to 3 months gives it a 11.47%, and is 2.30% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.42% over the week and 5.37% over the month.
Profit margin for the company is -11.14%. Distance from 52-week low is 73.74% and -21.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.63%).
The EPS is expected to grow by 4.13% this year.
Braemar Hotels & Resorts Inc (BHR) Top Institutional Holders
160.0 institutions hold shares in Braemar Hotels & Resorts Inc (BHR), with institutional investors hold 62.36% of the company’s shares. The shares outstanding are 66.64M, and float is at 58.43M with Short Float at 1.99%. Institutions hold 54.70% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 9.43 million shares valued at $24.06 million. The investor’s holdings represent 14.1958% of the BHR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.4 million shares valued at $$8.67 million to account for 5.114 of the shares outstanding. The other top investors are LSV ASSET MANAGEMENT which holds 2.3 million shares representing 3.4642% and valued at over $5.87 million, while DAVIDSON KEMPNER CAPITAL MANAGEMENT LP holds 3.462 of the shares totaling 2.3 million with a market value of $5.87 million.
Braemar Hotels & Resorts Inc (BHR) Insider Activity
The most recent transaction is an insider sale by Vaziri Abteen,the company’sDirector. SEC filings show that Vaziri Abteen sold 1,321 shares of the company’s common stock on Oct 16 ’23 at a price of $2.81 per share for a total of $3712.0. Following the sale, the insider now owns 0.0 shares.
Braemar Hotels & Resorts Inc disclosed in a document filed with the SEC on Sep 27 ’23 that Stockton Richard J (CEO and President) bought a total of 720 shares of the company’s common stock. The trade occurred on Sep 27 ’23 and was made at $12.00 per share for $8640.0. Following the transaction, the insider now directly holds 8150.0 shares of the BHR stock.
Still, SEC filings show that on Sep 25 ’23, Stockton Richard J (CEO and President) acquired 430 shares at an average price of $12.01 for $5164.0. The insider now directly holds 7,430 shares of Braemar Hotels & Resorts Inc (BHR).
