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Playa Hotels & Resorts NV (NASDAQ: PLYA) experienced a slight increase in its trading volume on Friday. , an increase of 537% over the 299,397 shares of the previous session. The last trading price was $ 11.17 and had previously closed at $ 11.06.
A number of research firms recently commented on PLYA. Resorts have a "hold" rating at a "buy" rating and setting a target price of $ 12.00 for the company in a research report on Tuesday, June 26th. BidaskClub took the shares of Playa Hotels & Resorts from a "sell" rating to a "rating" in a research report on Monday, June 25: an analyst rated the stock with a note of caution and four gave a the company's buy-to-action rating, the current average rating being "Buy" and an average target price of $ 14.19
The company has a debt ratio of 1 , 44, a ratio of 1.57 and a ratio of 1.65 .The stock has a market capitalization of 1.47 billion, a price / earnings ratio of 29.39 and a beta of -0, 04.
Playa Hotels & Resorts (NASDAQ: PLYA) last released its quarterly results on Monday, May 7th. The company reported earnings per share (EPS) of $ 0.32 for the quarter, exceeding $ 0.26 per share by Zack's consensus estimate of $ 0.26. The company achieved a turnover of 176.85 million dollars during the quarter, against 172.88 million dollars for analysts. Playa Hotels & Resorts recorded a negative net margin of 1.08% and a positive return on equity of 6.46%. The company's quarterly revenues rose 1.6% from one year to the next. During the same quarter last year, the company posted earnings per share of $ 0.28. Analysts predict that Playa Hotels & Resorts NV will post 0.36 earnings per share for the current fiscal year.
In other news from Playa Hotels & Resorts, CFO Ryan Paul Hymel sold 2,922 shares of the company in a deal on Thursday, May 31. The shares were sold at an average price of $ 10.50, for a total value of $ 30,681.00. The transaction has been disclosed in a legal deposit with the Securities & Exchange Commission, which is available at this link. In addition, the chief operating officer, Alexander Stadlin, sold 4,924 shares of the company on Thursday, May 31. The stock was sold at an average price of $ 10.51, for a total transaction of $ 51,751.24. The disclosure for this sale can be found here. Over the past ninety days, insiders sold 10,483 shares valued at $ 110,147. Company insiders own 2.74% of the shares of the company.
Hedge funds and other institutional investors recently bought and sold shares in the company. Swiss National Bank bought a new position in shares of Playa Hotels & Resorts in the fourth quarter worth $ 1,115,000. Geode Capital Management LLC increased its holding in Playa Hotels & Resorts shares by 12.7% in the fourth quarter. Geode Capital Management LLC now holds 479,817 shares of the company valued at $ 5,177,000 after acquiring 54,198 additional shares during the period. First Trust Advisors LP acquired a new equity interest in the shares of Playa Hotels & Resorts in the fourth quarter valued at $ 828,000. The Teacher Retirement System of Texas acquired a new equity stake in Playa Hotels & Resorts in the fourth quarter valued at $ 225,000. Finally, Schwab Charles Investment Management Inc. increased its holding in Playa Hotels & Resorts by 10.8% in the fourth quarter. Schwab Charles Investment Management Inc. now holds 146,470 shares of the Company valued at $ 1,581,000 after acquiring an additional 14,230 shares during the period. 68.90% of the capital is held by institutional investors and hedge funds.
Company Profile Playa Hotels & Resorts
Playa Vía Hotels & Resorts owns, operates, develops and manages all-inclusive resorts in prime beachfront locations within various destinations in Mexico and the Caribbean. The company owns, operates and manages resorts under the Hyatt Ziva, Panama Jack, Dreams, Sanctuary, Hyatt Zilara, THE Royal and Secrets brands.
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