Rep. Lisa C. McClain Sells Off Shares of Park Hotels & Resorts Inc. (NYSE:PK)

Key Points

• Representative Lisa C. McClain sold shares of Park Hotels & Resorts Inc. (NYSE:PK) worth between $1,001 and $15,000 on June 17th, as disclosed in a filing on August 13th.
• Park Hotels & Resorts reported $0.64 earnings per share for the last quarter, exceeding estimates, and set its FY 2025 EPS guidance between 1.820-2.080.
• The company announced a quarterly dividend of $0.25, with a 9.0% dividend yield, to be paid on October 15th.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Park Hotels & Resorts Inc. NYSE: PK. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Park Hotels & Resorts stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Park Hotels & Resorts Stock Up 0.1%

NYSE PK traded up $0.02 on Tuesday, reaching $11.69. The stock had a trading volume of 4,174,219 shares, compared to its average volume of 3,905,909. The business has a 50 day moving average price of $10.81 and a 200 day moving average price of $10.84. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.35. Park Hotels & Resorts Inc. has a 1 year low of $8.27 and a 1 year high of $16.23. The company has a market capitalization of $2.34 billion, a price-to-earnings ratio of 43.28 and a beta of 1.80.

Park Hotels & Resorts (NYSE:PK - Get Free Report) last issued its earnings results on Thursday, July 31st. The financial services provider reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.07. Park Hotels & Resorts had a return on equity of 0.76% and a net margin of 2.25%.The firm had revenue of $672.00 million for the quarter, compared to the consensus estimate of $672.37 million. During the same quarter in the previous year, the company posted $0.65 earnings per share. The business's quarterly revenue was down 2.0% compared to the same quarter last year. Park Hotels & Resorts has set its FY 2025 guidance at 1.820-2.080 EPS. On average, analysts forecast that Park Hotels & Resorts Inc. will post 2.11 EPS for the current fiscal year.

Park Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a $0.25 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $1.00 dividend on an annualized basis and a yield of 8.6%. Park Hotels & Resorts's payout ratio is 370.37%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on PK. Truist Financial downgraded Park Hotels & Resorts from a "buy" rating to a "hold" rating and decreased their price target for the stock from $16.00 to $11.00 in a research note on Friday, May 30th. Bank of America downgraded Park Hotels & Resorts from a "neutral" rating to an "underperform" rating and set a $11.00 price target for the company. in a research note on Wednesday, April 30th. Citigroup reiterated a "buy" rating on shares of Park Hotels & Resorts in a research note on Thursday, May 22nd. Morgan Stanley reiterated an "outperform" rating on shares of Park Hotels & Resorts in a research note on Tuesday, July 15th. Finally, JPMorgan Chase & Co. began coverage on Park Hotels & Resorts in a research note on Monday, June 23rd. They set an "underweight" rating and a $10.00 price target for the company. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $12.11.

Hedge Funds Weigh In On Park Hotels & Resorts

Several large investors have recently made changes to their positions in the business. UMB Bank n.a. raised its holdings in Park Hotels & Resorts by 140.9% in the 1st quarter. UMB Bank n.a. now owns 2,385 shares of the financial services provider's stock valued at $25,000 after acquiring an additional 1,395 shares in the last quarter. Parvin Asset Management LLC acquired a new position in Park Hotels & Resorts in the 2nd quarter valued at approximately $26,000. Quarry LP acquired a new position in Park Hotels & Resorts in the 4th quarter valued at approximately $35,000. Versant Capital Management Inc raised its holdings in Park Hotels & Resorts by 11,039.1% in the 1st quarter. Versant Capital Management Inc now owns 2,562 shares of the financial services provider's stock valued at $27,000 after acquiring an additional 2,539 shares in the last quarter. Finally, Bessemer Group Inc. raised its holdings in Park Hotels & Resorts by 359.3% in the 2nd quarter. Bessemer Group Inc. now owns 3,082 shares of the financial services provider's stock valued at $32,000 after acquiring an additional 2,411 shares in the last quarter. Institutional investors and hedge funds own 92.69% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Park Hotels & Resorts

Park Hotels & Resorts, Inc operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio.