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Allstate Corp purchased a new stake in Park Hotels & Resorts during the 3rd quarter valued at approximately $1,371,000.
As a group, equities analysts expect that Park Hotels & Resorts Inc. will post 1.93 earnings per share for the current fiscal year.
Comerica Bank’s holdings in Park Hotels & Resorts were worth $979,000 at the end of the most recent quarter.
Deutsche Bank Aktiengesellschaft increased their price objective on Park Hotels & Resorts from $20.00 to $21.00 in a research note on Tuesday, May 2nd.
Park Hotels & Resorts is trading at a lower price-to-earnings ratio than CDL Hospitality Trusts, indicating that it is currently the more affordable of the two stocks.
Park Hotels & Resorts’s payout ratio is currently 344.83%.
Park Hotels & Resorts’s revenue for the quarter was up 35.3% compared to the same quarter last year.
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