Playa Hotels & Resorts (NASDAQ:PLYA – Get Rating) CIO Fernando Mulet sold 3,892 shares of the stock in a transaction dated Wednesday, May 18th. The stock was sold at an average price of $8.78, for a total value of $34,171.76. Following the completion of the sale, the executive now directly owns 332,517 shares of the company’s stock, valued at $2,919,499.26. The sale was disclosed in a filing with the SEC, which is available at this link.
PLYA stock traded down $0.21 during trading on Thursday, hitting $8.10. The company had a trading volume of 1,664,695 shares, compared to its average volume of 1,400,128. The company has a fifty day moving average price of $8.62 and a two-hundred day moving average price of $8.19. The company has a current ratio of 2.43, a quick ratio of 2.32 and a debt-to-equity ratio of 1.81. The company has a market cap of $1.34 billion, a P/E ratio of 62.31, a P/E/G ratio of 0.31 and a beta of 1.68. Playa Hotels & Resorts has a fifty-two week low of $6.13 and a fifty-two week high of $9.81.
Playa Hotels & Resorts (NASDAQ:PLYA – Get Rating) last issued its quarterly earnings data on Thursday, May 5th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.08. Playa Hotels & Resorts had a return on equity of 0.64% and a net margin of 3.37%. The firm had revenue of $219.60 million during the quarter, compared to the consensus estimate of $196.76 million. During the same quarter in the previous year, the company posted ($0.31) EPS. The business’s revenue for the quarter was up 182.6% compared to the same quarter last year. On average, analysts expect that Playa Hotels & Resorts will post 0.32 earnings per share for the current year.
Several hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA grew its stake in Playa Hotels & Resorts by 59.4% in the first quarter. BNP Paribas Arbitrage SA now owns 277,841 shares of the company’s stock valued at $2,403,000 after acquiring an additional 103,577 shares during the period. Walleye Capital LLC acquired a new position in shares of Playa Hotels & Resorts during the first quarter worth about $389,000. Polar Asset Management Partners Inc. acquired a new position in shares of Playa Hotels & Resorts during the first quarter worth about $6,639,000. Quantbot Technologies LP boosted its position in shares of Playa Hotels & Resorts by 504.8% during the first quarter. Quantbot Technologies LP now owns 44,281 shares of the company’s stock worth $383,000 after buying an additional 36,960 shares during the period. Finally, Shay Capital LLC acquired a new position in shares of Playa Hotels & Resorts during the first quarter worth about $134,000. Institutional investors own 80.54% of the company’s stock.
Playa Hotels & Resorts Company Profile (Get Rating)
Playa Hotels & Resorts N.V., together with its subsidiaries, owns, develops, and operates resorts in prime beachfront locations in Mexico and the Caribbean. As of December 31, 2021, it owned a portfolio of 22 resorts with 8,366 rooms located in Mexico, Jamaica, and the Dominican Republic. The company was founded in 2006 and is headquartered in Fairfax, Virginia.
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