Sotherly Hotels

Sotherly Hotels LP • MHI Hospitality TRS, LLC • MHI Hospitality TRS Holding, Inc. • MHI Louisville TRS, LLC • MHI Raleigh TRS, LLC • SOHO Atlanta TRS, LLC • SOHO Jacksonville TRS LLC • Hollywood Hotel TRS LLC • SOHO Ocean Resort TRS LLC • SOHO Ocean Resort Services TRS LLC ...

Latest filings (excl ownership)

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10-Q

2024 Q3

Quarterly report

18 Nov 24

NT 10-Q

Notice of late quarterly filing

12 Nov 24

Sotherly Hotels Inc. Reports Financial Results

12 Nov 24

8-K

Entry into a Material Definitive Agreement

5 Nov 24

Sotherly Hotels Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

23 Aug 24

8-K

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

15 Aug 24

8-K

Sotherly Hotels Inc. Announces Refinancing and Relaunch Plans for Jacksonville, FL Hotel

9 Jul 24

Latest ownership filings

No filings

Financial summary

Financial statements Chart financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	32.51 mm	32.51 mm	32.51 mm	32.51 mm	32.51 mm	32.51 mm
Cash burn (monthly)	1.60 mm	(no burn)	1.21 mm	(no burn)	(no burn)	(no burn)
Cash used (since last report)	4.48 mm	n/a	3.37 mm	n/a	n/a	n/a
Cash remaining	28.03 mm	n/a	29.14 mm	n/a	n/a	n/a
Runway (months of cash)	17.5	n/a	24.1	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

Sotherly Hotels institutional ownership history Ownership history

16.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	18	31	-41.9%
Opened positions	2	21	-90.5%
Closed positions	15	1	+1400.0%
Increased positions	1	2	-50.0%
Reduced positions	6	3	+100.0%

13F shares	Current	Prev Q	Change
Total value	1.18 bn	5.11 bn	-77.0%
Total shares	2.95 mm	5.55 mm	-46.7%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Rollins Capital Partners	1.91 mm	$0.00	0.0%
SPC Financial	405.50 k	$466.33 mm	0.0%
Thompson Davis & Co.	268.54 k	$308.82 mm	-6.4%
Susquehanna International	109.32 k	$125.72 mm	-28.5%
PSI Advisors	90.52 k	$104.10 mm	-23.0%
Citadel Advisors	43.65 k	$50.19 mm	NEW
Stony Point Wealth Management	35.30 k	$40.60 mm	-35.5%
Cambridge Investment Research Advisors	25.71 k	$30.00 k	-8.9%
MS Morgan Stanley	23.42 k	$26.93 mm	-13.8%
STT State Street	17.95 k	$20.64 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
Gator Capital Management	0.00	-954.80 k	EXIT
Vanguard	0.00	-675.43 k	EXIT
Bard Associates	0.00	-497.06 k	EXIT
Geode Capital Management	0.00	-128.51 k	EXIT
Renaissance Technologies	0.00	-89.43 k	EXIT
Dimensional Fund Advisors	0.00	-74.55 k	EXIT
Citadel Advisors	43.65 k	+43.65 k	NEW
Susquehanna International	109.32 k	-43.52 k	-28.5%
BLK BlackRock	0.00	-38.88 k	EXIT
BK The Bank of New York Mellon Corporation	0.00	-29.84 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.