Retirement Methods of Alabama trimmed its holdings in shares of Park Resorts & Resorts Inc. (NYSE:PK – Get Ranking) by 4.2% throughout the third quarter, in keeping with its most up-to-date 13F submitting with the SEC. The institutional investor owned 294,361 shares of the monetary providers supplier’s inventory after promoting 13,063 shares throughout the interval. Retirement Methods of Alabama owned roughly 0.13% of Park Resorts & Resorts value $3,315,000 as of its most up-to-date submitting with the SEC.

Different institutional traders and hedge funds have additionally not too long ago modified their holdings of the corporate. Wipfli Monetary Advisors LLC purchased a brand new place in shares of Park Resorts & Resorts throughout the third quarter value roughly $45,000. Lazard Asset Administration LLC lifted its holdings in shares of Park Resorts & Resorts by 851.0% within the 2nd quarter. Lazard Asset Administration LLC now owns 4,080 shares of the monetary providers supplier’s inventory value $55,000 after buying an extra 3,651 shares within the final quarter. UMB Financial institution n.a. lifted its holdings in shares of Park Resorts & Resorts by 2,821.3% within the third quarter. UMB Financial institution n.a. now owns 7,274 shares of the monetary providers supplier’s inventory value $82,000 after buying an extra 7,025 shares within the final quarter. Captrust Monetary Advisors purchased a brand new place in shares of Park Resorts & Resorts within the 2nd quarter value $104,000. Lastly, Mackenzie Monetary Corp purchased a brand new place in shares of Park Resorts & Resorts within the 2nd quarter value $151,000. 89.42% of the inventory is at the moment owned by institutional traders.

Park Resorts & Resorts Buying and selling Up 2.5 %

Shares of Park Resorts & Resorts inventory opened at $12.53 on Wednesday. Park Resorts & Resorts Inc. has a 1 yr low of $10.92 and a 1 yr excessive of $20.58. The agency has a market cap of $2.78 billion, a PE ratio of 17.40, a P/E/G ratio of 0.74 and a beta of 1.96. The inventory has a fifty day shifting common worth of $13.53 and a 200-day shifting common worth of $12.86. The corporate has a debt-to-equity ratio of 1.08, a present ratio of three.25 and a fast ratio of three.25.

Park Resorts & Resorts (NYSE:PK – Get Ranking) final introduced its earnings outcomes on Wednesday, February twenty second. The monetary providers supplier reported $0.15 earnings per share (EPS) for the quarter, lacking the consensus estimate of $0.39 by ($0.24). Park Resorts & Resorts had a internet margin of 6.48% and a return on fairness of three.77%. The enterprise had income of $665.00 million for the quarter, in comparison with analysts’ expectations of $652.61 million. Equities analysis analysts anticipate that Park Resorts & Resorts Inc. will put up 1.74 EPS for the present yr.

Wall Road Analyst Weigh In

Plenty of equities analysts not too long ago issued stories on the corporate. Barclays reduce their goal worth on Park Resorts & Resorts from $18.00 to $15.00 and set an “equal weight” ranking on the inventory in a report on Tuesday, January tenth. Morgan Stanley elevated their goal worth on Park Resorts & Resorts from $14.00 to $15.00 and gave the inventory an “equal weight” ranking in a report on Tuesday, February seventh. Truist Monetary reduce their goal worth on Park Resorts & Resorts to $20.00 in a report on Wednesday, November sixteenth. Compass Level reduce their goal worth on Park Resorts & Resorts to $25.00 in a report on Tuesday, November fifteenth. Lastly, Citigroup elevated their goal worth on Park Resorts & Resorts from $13.00 to $15.00 and gave the inventory a “impartial” ranking in a report on Wednesday, February 1st. Eight funding analysts have rated the inventory with a maintain ranking and three have given a purchase ranking to the corporate’s inventory. In response to MarketBeat.com, Park Resorts & Resorts presently has a consensus ranking of “Maintain” and a mean goal worth of $18.21.

Insider Exercise

In different information, Director Geoffrey Garrett offered 3,000 shares of the agency’s inventory in a transaction on Friday, December sixteenth. The inventory was offered at a mean worth of $11.86, for a complete transaction of $35,580.00. Following the completion of the sale, the director now instantly owns 33,604 shares of the corporate’s inventory, valued at roughly $398,543.44. The sale was disclosed in a authorized submitting with the SEC, which is out there at the SEC web site. Insiders personal 1.09% of the corporate’s inventory.

Park Resorts & Resorts Firm Profile

(Get Ranking)

Park Resorts & Resorts, Inc operates as an actual property funding belief, which owns and operates accommodations and resorts. It operates by way of the Consolidated Resorts and Unconsolidated Resorts segments. Its portfolio of accommodations and resorts embrace the Waldorf Astoria Resorts and Resorts, Conrad Resorts & Resorts, Hilton Resorts & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Backyard Inn, Hampton by Hilton, and Curio.

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