Mitsubishi UFJ Trust & Banking Corp Purchases 99,051 Shares of Park Hotels & Resorts Inc. $PK

Key Points

• Mitsubishi UFJ Trust & Banking boosted its stake in Park Hotels & Resorts by 106.9% in Q4, buying 99,051 shares to hold 191,712 shares worth about $2.0 million (≈0.10% of the company).
• Park Hotels & Resorts reported an EPS miss of $0.05 versus $0.38 expected while revenue came in at $622 million, and the company issued FY2026 guidance of 1.740–1.900 EPS (sell-side average ~1.76).
• The company announced a quarterly dividend of $0.25 (annualized $1.00) with an ex-dividend date of June 30, implying a 9.0% yield, though the payout ratio is negative, signaling potential sustainability concerns.

Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of Park Hotels & Resorts Inc. (NYSE:PK - Free Report) by 106.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 191,712 shares of the financial services provider's stock after purchasing an additional 99,051 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.10% of Park Hotels & Resorts worth $2,005,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of PK. Danske Bank A S bought a new position in shares of Park Hotels & Resorts in the third quarter worth about $25,000. Advisory Services Network LLC bought a new position in shares of Park Hotels & Resorts in the third quarter worth about $34,000. Clearstead Advisors LLC raised its stake in shares of Park Hotels & Resorts by 326.4% in the third quarter. Clearstead Advisors LLC now owns 3,198 shares of the financial services provider's stock worth $35,000 after acquiring an additional 2,448 shares during the last quarter. Harbor Capital Advisors Inc. raised its stake in shares of Park Hotels & Resorts by 293.1% in the fourth quarter. Harbor Capital Advisors Inc. now owns 5,181 shares of the financial services provider's stock worth $54,000 after acquiring an additional 3,863 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Park Hotels & Resorts by 33.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,844 shares of the financial services provider's stock worth $61,000 after acquiring an additional 1,464 shares during the last quarter. 92.69% of the stock is owned by institutional investors.

Park Hotels & Resorts Trading Down 2.6%

PK opened at $11.06 on Tuesday. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.25 and a quick ratio of 1.34. The company has a market cap of $2.22 billion, a price-to-earnings ratio of -10.14 and a beta of 1.37. The firm has a 50 day simple moving average of $10.92 and a 200 day simple moving average of $10.90. Park Hotels & Resorts Inc. has a fifty-two week low of $9.84 and a fifty-two week high of $12.39.

Park Hotels & Resorts (NYSE:PK - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by ($0.33). The business had revenue of $622.00 million for the quarter, compared to the consensus estimate of $609.78 million. Park Hotels & Resorts had a negative return on equity of 6.71% and a negative net margin of 8.49%.The company's quarterly revenue was down 1.3% on a year-over-year basis. During the same period last year, the firm earned $0.46 earnings per share. Park Hotels & Resorts has set its FY 2026 guidance at 1.740-1.900 EPS. On average, sell-side analysts anticipate that Park Hotels & Resorts Inc. will post 1.76 earnings per share for the current year.

Park Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 9.0%. Park Hotels & Resorts's payout ratio is -91.74%.

Analyst Upgrades and Downgrades

PK has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their target price on shares of Park Hotels & Resorts from $11.00 to $10.00 and set an "equal weight" rating for the company in a research note on Tuesday, March 24th. Barclays reaffirmed an "equal weight" rating and issued a $9.00 target price (down from $13.00) on shares of Park Hotels & Resorts in a research note on Tuesday, April 7th. LADENBURG THALM/SH SH initiated coverage on shares of Park Hotels & Resorts in a research note on Thursday, March 26th. They issued a "buy" rating and a $16.00 target price for the company. Morgan Stanley set a $10.00 target price on shares of Park Hotels & Resorts in a research note on Friday, January 16th. Finally, Wall Street Zen raised shares of Park Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Sunday, March 1st. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $11.50.

Park Hotels & Resorts Profile

Park Hotels & Resorts Inc is a publicly traded real estate investment trust (REIT) specializing in luxury and upper-upscale hospitality properties. The company's primary business activity involves owning and leasing premier hotels and resorts across major urban and resort destinations. Through long-term management and franchise agreements with leading hotel operators, Park generates revenue from room nights, food and beverage offerings, meetings and events, and ancillary services.

Since its spin-off from Hilton Worldwide in January 2017, Park Hotels & Resorts has assembled a diversified portfolio of more than 60 properties.

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