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 Down 1.5%
Shares of PK stock traded down $0.1770 on Monday, hitting $11.6630. The company's stock had a trading volume of 1,297,737 shares, compared to its average volume of 4,152,867. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.16. Park Hotels & Resorts Inc. has a fifty-two week low of $8.27 and a fifty-two week high of $16.23. The firm's fifty day moving average price is $10.75 and its 200-day moving average price is $10.85. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 43.21 and a beta of 1.80.
Park Hotels & Resorts (NYSE:PK - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.07. Park Hotels & Resorts had a net margin of 2.25% and a return on equity of 0.76%. The business had revenue of $672.00 million during the quarter, compared to analyst estimates of $672.37 million. During the same quarter in the previous year, the business earned $0.65 EPS. Park Hotels & Resorts'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. Research analysts anticipate that Park Hotels & Resorts Inc. will post 2.11 EPS for the current year.
Park Hotels & Resorts Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 8.6%. The ex-dividend date of this dividend is Tuesday, September 30th. Park Hotels & Resorts's payout ratio is presently 370.37%.
Institutional Trading of Park Hotels & Resorts
Several large investors have recently added to or reduced their stakes in PK. Invesco Ltd. grew its stake in Park Hotels & Resorts by 84.0% during the fourth quarter. Invesco Ltd. now owns 2,837,917 shares of the financial services provider's stock worth $39,929,000 after buying an additional 1,295,548 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Park Hotels & Resorts in the fourth quarter valued at approximately $873,000. Capital Fund Management S.A. raised its holdings in Park Hotels & Resorts by 24.2% in the fourth quarter. Capital Fund Management S.A. now owns 107,713 shares of the financial services provider's stock worth $1,516,000 after purchasing an additional 20,989 shares during the period. Sterling Capital Management LLC raised its holdings in Park Hotels & Resorts by 15.8% in the fourth quarter. Sterling Capital Management LLC now owns 33,274 shares of the financial services provider's stock worth $468,000 after purchasing an additional 4,533 shares during the period. Finally, Barclays PLC increased its position in shares of Park Hotels & Resorts by 11.0% during the fourth quarter. Barclays PLC now owns 354,693 shares of the financial services provider's stock worth $4,992,000 after acquiring an additional 35,100 shares in the last quarter. 92.69% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on the stock. Morgan Stanley reissued an "outperform" rating on shares of Park Hotels & Resorts in a research report on Tuesday, July 15th. Wells Fargo & Company boosted their target price on shares of Park Hotels & Resorts from $10.00 to $11.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 1st. Truist Financial lowered shares of Park Hotels & Resorts from a "buy" rating to a "hold" rating and cut their target price for the stock from $16.00 to $11.00 in a research report on Friday, May 30th. Evercore ISI lowered shares of Park Hotels & Resorts from an "outperform" rating to an "in-line" rating and set a $13.00 target price for the company. in a research report on Friday, May 16th. Finally, Bank of America lowered shares of Park Hotels & Resorts from a "neutral" rating to an "underperform" rating and set a $11.00 target price for the company. in a research report on Wednesday, April 30th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $12.11.
Read Our Latest Report on Park Hotels & Resorts
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.
Park Hotels & Resorts Company Profile
(
Get Free Report)
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.
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