Park Hotels & Resorts
About: Park Hotels & Resorts owns upper-upscale and luxury hotels, with 22,711 rooms across 37 hotels in the United States. Park also has interests through joint ventures in another 2,271 rooms in three US hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality US hotels to focus on high-quality assets in domestic gateway markets.
Employees: 91
0
Funds holding %
of 7,312 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
22% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 107
3.1% less ownership
Funds ownership: 97.22% [Q4 2024] → 94.11% (-3.1%) [Q1 2025]
7% less funds holding
Funds holding: 352 [Q4 2024] → 329 (-23) [Q1 2025]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 3 (-1) [Q1 2025]
28% less capital invested
Capital invested by funds: $2.83B [Q4 2024] → $2.03B (-$800M) [Q1 2025]
32% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 57
78% less call options, than puts
Call options by funds: $1.02M | Put options by funds: $4.7M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$10
11%
downside
Avg. target
$11
2%
downside
High target
$13
16%
upside
5 analyst ratings
0 positive
0%
4 neutral
80%
1 negative
20%
Wells Fargo James Feldman | 2%downside $11 | Equal-Weight Maintained | 1 Jul 2025 |
JP Morgan Daniel Politzer | 11%downside $10 | Underweight Initiated | 23 Jun 2025 |
Truist Securities Patrick Scholes | 2%downside $11 | Hold Downgraded | 30 May 2025 |
Evercore ISI Group Richard Hightower | 16%upside $13 | In-Line Downgraded | 16 May 2025 |
Morgan Stanley Stephen Grambling | 11%downside $10 | Equal-Weight Maintained | 22 Apr 2025 |
Financial journalist opinion
Negative
Seeking Alpha
1 week ago
NAV Monitor: U.S. Equity REITs Trade At Higher Discount To NAV In June
Publicly listed US equity REITs ended June at a median 19.1% discount to their consensus NAV per share estimates, according to S&P Global Market Intelligence data. The hotel sector traded at the largest median discount to NAV at 35.5%, down from a 35.7% median discount to NAV as of May 30. Healthcare REITs continued to trade at the highest median premium, 19.3%, which is about 1.4 percentage points down from the 20.6% median premium to NAV as of May 30.
Positive
Seeking Alpha
2 weeks ago
Park Hotels & Resorts: Deep Value, High Yield
Park Hotels & Resorts Inc.'s common stock has shed over 30% in market value year-over-year. As a consequence, the REIT has a yield of 13%+ and a P/FFO ratio, which is materially lower than some of its peers. Softer growth is to be expected at this stage of the economic cycle, but PK REIT's core remains resilient, especially if we adjust its P&L for non-core items.
Neutral
Business Wire
1 month ago
Park Hotels & Resorts Inc. Announces Second Quarter 2025 Earnings Conference Call on August 1, 2025
TYSONS, Va.--(BUSINESS WIRE)---- $PK #earnings--Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it will release its financial results for the second quarter 2025 after the stock market closes on Thursday, July 31, 2025. Park will hold a conference call on Friday, August, 1, 2025 at 11:00 a.m. Eastern Time (ET) to discuss its earnings results, current operational environment and business outlook. The conference call will be accessible by telephone and through the internet. Interested indiv.
Positive
Seeking Alpha
1 month ago
U.S. REIT Share Repurchase Activity Doubles In Q1 2025
Share buyback activity by US equity real estate investment trusts more than doubled in the first quarter, according to an analysis by S&P Global Market Intelligence. The US REIT sector bought back around $993.2 million in common stock in the period, more than twice as much as the $456.2 million in the fourth quarter of 2024 and up 15.5% year over year. More than a dozen REITs announced new share repurchase programs during the first quarter.
Positive
Benzinga
1 month ago
Wall Street's Most Accurate Analysts Spotlight On 3 Real Estate Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Neutral
Zacks Investment Research
1 month ago
Park Hotels Announces $80M Sale of Hyatt Centric Fisherman's Wharf
PK sells Hyatt Centric Fisherman's Wharf for $80M, advancing its 2025 goal to dispose of $300M-$400M in non-core hotel assets.
Neutral
Business Wire
1 month ago
Park Hotels & Resorts Inc. Announces Sale of Hyatt Centric Fisherman's Wharf
TYSONS, Va.--(BUSINESS WIRE)---- $PK--Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it has closed on the sale of the 316-room Hyatt Centric Fisherman's Wharf located in San Francisco, CA for $80 million, or $253,000 per key. The sale price represents 64.0x 2024 EBITDA of the hotel. Proceeds from the sale will be used for ongoing return on investment (“ROI”) projects in Park's portfolio and for other general corporate purposes. “Despite a challenging transaction market, I am ve.
Positive
Benzinga
1 month ago
Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 8% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Neutral
Seeking Alpha
2 months ago
Park Hotels & Resorts Inc. (PK) Q1 2025 Earnings Call Transcript
Park Hotels & Resorts Inc. (NYSE:PK ) Q1 2025 Earnings Conference Call May 5, 2025 10:00 AM ET Company Participants Ian Weissman - Senior Vice President, Corporate Strategy Tom Baltimore - Chairman & CEO Sean Dell'Orto - CFO Conference Call Participants Floris Van Dijkum - Compass Point David Katz - Jefferies Duane Pfennigwerth - Evercore ISI Patrick Scholes - Truist Securities Smedes Rose - Citi Chris Woronka - Deutsche Bank Jay Kornreich - Wedbush Securities Robin Farley - UBS Chris Darling - Green Street Dany Asad - Bank of America Operator Greetings and welcome to the Park, Hotels and Resorts First Quarter 2025 Earnings Conference Call. At this time, all participants are in the listen-only mode.
Neutral
Zacks Investment Research
2 months ago
Park Hotels & Resorts (PK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Park Hotels & Resorts (PK) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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