Fintel experiences that on September 15, 2023, Truist Securities maintained protection of Park Lodges & Resorts (NYSE:PK) with a Purchase suggestion.
Analyst Worth Forecast Suggests 29.61% Upside
As of August 31, 2023, the common one-year worth goal for Park Lodges & Resorts is 16.75. The forecasts vary from a low of 13.13 to a excessive of $26.25. The typical worth goal represents a rise of 29.61% from its newest reported closing worth of 12.92.
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The projected annual income for Park Lodges & Resorts is 2,819MM, a rise of 4.18%. The projected annual non-GAAP EPS is 0.59.
What’s the Fund Sentiment?
There are 663 funds or establishments reporting positions in Park Lodges & Resorts. This can be a lower of three proprietor(s) or 0.45% within the final quarter. Common portfolio weight of all funds devoted to PK is 0.20%, a lower of 1.82%. Whole shares owned by establishments elevated within the final three months by 1.12% to 219,097K shares. 
The put/name ratio of PK is 1.05, indicating a bearish outlook.
What are Different Shareholders Doing?
Goldman Sachs Group holds 11,358K shares representing 5.27% possession of the corporate. In it is prior submitting, the agency reported proudly owning 7,348K shares, representing a rise of 35.31%. The agency elevated its portfolio allocation in PK by 421.14% over the past quarter.
VGSIX – Vanguard Actual Property Index Fund Investor Shares holds 9,881K shares representing 4.58% possession of the corporate. In it is prior submitting, the agency reported proudly owning 10,029K shares, representing a lower of 1.50%. The agency decreased its portfolio allocation in PK by 10.56% over the past quarter.
Northwood Liquid Administration holds 7,020K shares representing 3.25% possession of the corporate. In it is prior submitting, the agency reported proudly owning 6,306K shares, representing a rise of 10.17%. The agency decreased its portfolio allocation in PK by 3.52% over the past quarter.
IJH – iShares Core S&P Mid-Cap ETF holds 6,541K shares representing 3.03% possession of the corporate. In it is prior submitting, the agency reported proudly owning 6,936K shares, representing a lower of 6.05%. The agency decreased its portfolio allocation in PK by 6.31% over the past quarter.
VTSMX – Vanguard Whole Inventory Market Index Fund Investor Shares holds 6,224K shares representing 2.89% possession of the corporate. In it is prior submitting, the agency reported proudly owning 6,567K shares, representing a lower of 5.51%. The agency decreased its portfolio allocation in PK by 9.30% over the past quarter.
Park Lodges & Resorts Background Data
(This description is offered by the corporate.)
Park is the second largest publicly traded lodging REIT with a various portfolio of market-leading inns and resorts with vital underlying actual property worth. Park’s portfolio at the moment consists of 60 premium-branded inns and resorts with over 33,000 rooms primarily situated in prime metropolis heart and resort places.
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