04 June, 2017
Analysts' mean recommendation for DiamondRock Hospitality Company (DRH) stands at 2.70. LLC now owns 11,087 shares of the real estate investment trust's stock valued at $124,000 after buying an additional 483 shares during the last quarter. It closed at $11.2 lastly. It has outperformed by 23.81% the S&P500. Loeb Partners invested in 0.33% or 84,350 shares. Meetme Inc now has $328.17 million valuation. It is down 40.79% since May 30, 2016 and is uptrending. It has outperformed by 13.85% the S&P500.
Since December 9, 2016, it had 0 insider buys, and 1 sale for $343,400 activity.
A number of institutional investors have recently added to or reduced their stakes in DRH. Shares have risen 10.53% over the trailing 6 months. Eqis Cap Mngmt holds 0.01% or 18,631 shares in its portfolio. Geode Management Limited Liability Company invested 0.01% in DiamondRock Hospitality Company (NYSE:DRH). This technical setup was reported by Barchart.com. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $25.23 on company shares. We have $12.12 PT which if reached, will make NYSE:DRH worth $181.60 million more.
DiamondRock Hospitality Company is a real estate investment trust. State Common Retirement Fund reported 0% stake. Victory Cap, Ohio-based fund reported 649,498 shares. LLC increased its position in DiamondRock Hospitality Company by 4.6% in the first quarter. The legal version of this report can be accessed at https://www.thestockobserver.com/2017/06/01/diamondrock-hospitality-company-drh-lowered-to-hold-at-zacks-investment-research.html.
Other analysts have also issued research reports about the company. Zacks Investment Research downgraded shares of DiamondRock Hospitality Company from a buy rating to a hold rating in a research report on Wednesday. 30,000 shares were sold by Mahoney Sean M, worth $343,400. Jacobs Levy Equity Mgmt owns 10,200 shares. Albemarle Corp (NYSE:ALB) was reduced too.
DiamondRock Hospitality Company (DRH) stock price ended its day with gain 1.08% and finalized at the value of $11.21. The stock's market capitalization is 2.22B, it has a 52-week low of 8.57 and a 52-week high of 12.00. The company was upgraded on Thursday, August 20 by Credit Suisse.
01/11/2016 - Diamondrock Hospitality Company was downgraded to "market perform" by analysts at JMP Securities.
DiamondRock Hospitality Company (NYSE:DRH) last released its earnings results on Friday, May 5th. The firm has "Outperform" rating given on Wednesday, March 23 by Credit Suisse. They set a "neutral" rating and a $11.00 target price for the company. Therefore 60% are positive. Normally this spread should be in positive territory, indicating that analysts expect an investment's value to increase over time. They now have a Dollars 11 price target on the stock. The Company, as of the date herein, owns 28 premium quality hotels with over 9,600 rooms. Citigroup maintained it with "Buy" rating and $56 target in Thursday, September 1 report. Roth Capital initiated the shares of MEET in report on Wednesday, October 28 with "Buy" rating. 900 shares were sold by Matthews Steven D II, worth $45,419 on Friday, February 17.
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Investors sentiment decreased to 1.09 in 2016 Q4. Its up 0.06, from 1.08 in 2016Q3. Blackrock Invest accumulated 1.09M shares. 15 funds opened positions while 38 raised stakes. Mairs & Pwr invested 0.11% of its portfolio in Hawkins, Inc. Amalgamated Bank accumulated 27,148 shares. Bnp Paribas Arbitrage invested 0% in Meet Group Inc (NASDAQ:MEET). The company has market cap of $14.01 billion. Morgan Stanley reported 3.59 million shares. Calvert Inv holds 0.1% or 226,459 shares. Its down 0.11, from 2 in 2016Q3. Glenmede Tru Na holds 57,009 shares or 0% of its portfolio.
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