Investing in Braemar Hotels & Resorts Inc. (BHR): What You Must Know


Braemar Hotels & Resorts Inc.’s recently made public that its CEO and President Stockton Richard J acquired Company’s shares for reported $19078.0 on Aug 28. In the deal valued at $13.23 per share,1,442 shares were bought. As a result of this transaction, Stockton Richard J now holds 2,999 shares worth roughly $ 8247.25.

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Then, Stockton Richard J bought 577 shares, generating $7,553 in total proceeds. Upon buying the shares at $13.09, the CEO and President now owns 1,557 shares.

Before that, Stockton Richard J bought 43,980 shares. Braemar Hotels & Resorts Inc. shares valued at $110,770 were divested by the CEO and President at a price of $2.52 per share. As a result of the transaction, Stockton Richard J now holds 189,715 shares, worth roughly $0.52 million.

B. Riley Securities downgraded its Braemar Hotels & Resorts Inc. [BHR] rating to a Neutral from a a Buy in a research note published on Friday, August 14, 2023; the price target was decreased to $3.50 from $7. PT values the company’s stock at a premium of 21.43 to its Friday closing price.

Price Performance Review of BHR

On Friday, Braemar Hotels & Resorts Inc. [NYSE:BHR] saw its stock jump 1.10% to $2.75. On the same session, the stock had its day’s lowest price of $2.66, but rose to a high of $2.80. Over the last five days, the stock has gained 12.70%. Braemar Hotels & Resorts Inc. shares have fallen nearly -33.09% since the year began. Nevertheless, the stocks have fallen -46.60% over the past one year. While a 52-week high of $5.60 was reached on 02/03/23, a 52-week low of $2.22 was recorded on 08/22/23. SMA at 50 days reached $3.34, while 200 days put it at $3.99. A total of 0.61 million shares were traded, compared to the trading of 1.01 million shares in the previous session.

Levels Of Support And Resistance For BHR Stock

The 24-hour chart illustrates a support level at 2.67, which if violated will result in even more drops to 2.60. On the upside, there is a resistance level at 2.81. A further resistance level may holdings at 2.88. The Relative Strength Index (RSI) on the 14-day chart is 44.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.90%. Stochastics %K at 75.08% indicates the stock is a holding.

How much short interest is there in Braemar Hotels & Resorts Inc.?

A steep rise in short interest was recorded in Braemar Hotels & Resorts Inc. stocks on Aug 14, 2023, dropping by -0.46 million shares to a total of 1.05 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 1.51 million shares. There was a decline of -43.81%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 1.97% of the overall stock float, the days-to-cover ratio (short ratio) fell to 2.06.

Braemar Hotels & Resorts Inc. [BHR] – Who Are The Largest Shareholders?

In filings from BlackRock Fund Advisors, it is revealed that the company now owns 6,681,592 shares, or roughly 10.13% of the outstanding BHR shares. In other words, the investor’s shares have fallen by -87,955 from its previous 13-F filing of 6769547.0. Additionally, The Vanguard Group, Inc. increased 2.06% of its stake after which the total value it holdings stand at $12,276,411, while LSV Asset Management added 14.40% of its stake to hold $11.37 million in the firm. Over the last quarter, BlackRock Advisors LLC sold -72,061 shares of Braemar Hotels & Resorts Inc., while Davidson Kempner Capital Manageme sold 0 shares. At present, Zazove Associates LLC is holding 2,101,511 shares valued at $7.78 million. Knighthead Capital Management LLC owned 1,498,937 shares of the company at the time of its most recent 13F filing, worth $5.55 million.

According to FactSet, Braemar Hotels & Resorts Inc.’s share price will average $6.83 in the next year, based on opinions of analysts polled by the firm. This is up nearly 83.82 percent from its previous closing price of $2.72. Analysts expect Braemar Hotels & Resorts Inc. stock to reach the higher price of $12.00, while the lowest price estimate is $3.50. However, 4 analysts have rated BHR stock as a Hold in their predictions for 2023.


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