Playa Hotels & Resorts (NASDAQ:PLYA - Get Free Report) Director Karl Mr. Peterson sold 5,000 shares of the firm's stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $9.58, for a total value of $47,900.00. Following the sale, the director now owns 2,529,033 shares of the company's stock, valued at $24,228,136.14. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Karl Mr. Peterson also recently made the following trade(s):
- On Tuesday, March 19th, Karl Mr. Peterson sold 5,000 shares of Playa Hotels & Resorts stock. The stock was sold at an average price of $9.45, for a total value of $47,250.00.
- On Tuesday, February 27th, Karl Mr. Peterson sold 20,000 shares of Playa Hotels & Resorts stock. The stock was sold at an average price of $9.22, for a total value of $184,400.00.
Playa Hotels & Resorts Stock Up 0.6 %
Shares of PLYA stock opened at $9.49 on Friday. The stock's 50 day simple moving average is $9.22 and its 200 day simple moving average is $8.24. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.91 and a current ratio of 2.00. Playa Hotels & Resorts has a twelve month low of $6.88 and a twelve month high of $9.84. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 27.91, a PEG ratio of 6.99 and a beta of 1.53.
The Gold Grab of the Century
From Colonial Metals | Ad
When central banks buy gold…
The rich buy right along with them.
And central banks are buying at breakneck pace.
Last year… 1,037 tons.
Just 45 tons less than the record set two years ago.
That's why we have released our Free Precious Metals Investment Guide.
Playa Hotels & Resorts (NASDAQ:PLYA - Get Free Report) last issued its quarterly earnings data on Friday, February 23rd. The company reported $0.04 earnings per share for the quarter. Playa Hotels & Resorts had a return on equity of 10.67% and a net margin of 5.51%. The business had revenue of $242.52 million for the quarter, compared to the consensus estimate of $221.68 million. During the same period last year, the business earned $0.13 EPS. The firm's revenue was up 15.0% compared to the same quarter last year. As a group, research analysts predict that Playa Hotels & Resorts will post 0.39 EPS for the current year.
Wall Street Analyst Weigh In
Separately, Truist Financial raised their price target on Playa Hotels & Resorts from $13.00 to $14.00 and gave the stock a "buy" rating in a research note on Tuesday, February 27th.
Get Our Latest Stock Report on PLYA
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the stock. HG Vora Capital Management LLC raised its stake in shares of Playa Hotels & Resorts by 13.6% in the 3rd quarter. HG Vora Capital Management LLC now owns 12,500,000 shares of the company's stock valued at $90,500,000 after acquiring an additional 1,500,000 shares in the last quarter. Invesco Ltd. increased its position in Playa Hotels & Resorts by 2.2% in the 1st quarter. Invesco Ltd. now owns 8,827,628 shares of the company's stock worth $76,359,000 after buying an additional 189,955 shares during the period. Dimensional Fund Advisors LP increased its position in Playa Hotels & Resorts by 1.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,482,718 shares of the company's stock worth $64,727,000 after buying an additional 82,630 shares during the period. Goldman Sachs Group Inc. increased its position in Playa Hotels & Resorts by 9.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 5,421,243 shares of the company's stock worth $46,894,000 after buying an additional 461,888 shares during the period. Finally, Voss Capital LLC increased its position in Playa Hotels & Resorts by 14.2% in the 4th quarter. Voss Capital LLC now owns 3,596,890 shares of the company's stock worth $31,113,000 after buying an additional 446,890 shares during the period. 74.58% of the stock is owned by institutional investors.
About Playa Hotels & Resorts
(
Get Free Report)
Playa Hotels & Resorts N.V., together with its subsidiaries, owns, develops, and operates resorts in prime beachfront locations in Mexico and the Caribbean. It owns and manages Hyatt Zilara Cancún, Hyatt Ziva Cancún, Wyndham Alltra Cancún, Wyndham Alltra Playa del Carmen, Hilton Playa del Carmen All-Inclusive Resort, Hyatt Ziva Puerto Vallarta, and Hyatt Ziva Los Cabos located in Mexico; Hyatt Zilara Rose Hall, Hyatt Ziva Rose Hall, Hilton Rose Hall Resort & Spa, Jewel Grande Montego Bay Resort & Spa, and Jewel Paradise Cove Beach Resort & Spa situated in Jamaica; the Hilton La Romana All-Inclusive Family Resort, the Hilton La Romana All-Inclusive Adult Resort, Hyatt Zilara Cap Cana, Hyatt Ziva Cap Cana, and Jewel Palm Beach located in the Dominican Republic; and manages resorts on behalf of third-party owners.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
