We rank companies based on fund manager, research analyst and news sentiment
APLE

Apple Hospitality REIT
APLE

$15.82
0.57%
 

About: Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly-owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly-owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.

Employees: 63

0
Funds holding %
of 6,474 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 4 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

123% more call options, than puts

Call options by funds: $8.64M | Put options by funds: $3.87M

59% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 32

13% more capital invested

Capital invested by funds: $3.14B [Q3] → $3.55B (+$411M) [Q4]

7% more funds holding

Funds holding: 283 [Q3] → 302 (+19) [Q4]

3.9% more ownership

Funds ownership: 89.41% [Q3] → 93.32% (+3.9%) [Q4]

14% less repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 113

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$17
7%
upside
Avg. target
$17.75
12%
upside
High target
$18
14%
upside

4 analyst ratings

positive
25%
neutral
75%
negative
0%
B of A Securities
Shaun Kelley
14%upside
$18
Neutral
Downgraded
8 Jan 2024
Wells Fargo
Dori Kesten
14%upside
$18
Equal-Weight
Maintained
22 Dec 2023
Wells Fargo
Dori Kesten
7%upside
$17
Equal-Weight
Downgraded
8 Dec 2023
Wells Fargo
Dori Kesten
14%upside
$18
Overweight
Maintained
13 Nov 2023

Financial journalist opinion

Based on 4 articles about APLE published over the past 30 days