Who is the Top Investor In Diamondrock Hospitality Co. (DRH)?

Diamondrock Hospitality Co. (NYSE: DRH) is -1.28% lower on its value in year-to-date trading and has touched a low of $7.14 and a high of $9.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DRH stock was last observed hovering at around $9.12 in the last trading session, with the day’s gains setting it 0.15%.

Currently trading at $9.27, the stock is -0.26% and 1.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 1.64% at the moment leaves the stock 11.41% off its SMA200. DRH registered -3.74% loss for a year compared to 6-month gain of 15.01%. The firm has a 50-day simple moving average (SMA 50) of $2.94 and a 200-day simple moving average (SMA200) of $12.25.

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The stock witnessed a -1.28% loss in the last 1 month and extending the period to 3 months gives it a 11.82%, and is -0.32% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.07% over the week and 2.35% over the month.

Diamondrock Hospitality Co. (DRH) has around 30 employees, a market worth around $1.94B and $1.07B in sales. Current P/E ratio is 23.44 and Fwd P/E is 22.59. Profit margin for the company is 7.87%. Distance from 52-week low is 29.83% and -4.92% from its 52-week high. The company has generated returns on investments over the last 12 months (2.86%).

Diamondrock Hospitality Co. quarterly earnings per share for the current quarter are estimated at $0.04 with sales reaching $261.45M over the same period.The EPS is expected to shrink by -17.65% this year, but quarterly earnings will post 7.10% year-over-year. Quarterly sales are estimated to grow 2.50% in year-over-year returns.

338 institutions hold shares in Diamondrock Hospitality Co. (DRH), with institutional investors hold 108.91% of the company’s shares. The shares outstanding are 209.37M, and float is at 205.45M with Short Float at 7.48%. Institutions hold 106.46% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 39.39 million shares valued at $315.48 million. The investor’s holdings represent 18.79% of the DRH Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 36.81 million shares valued at $294.83 million to account for 17.56% of the shares outstanding. The other top investors are FMR, LLC which holds 14.76 million shares representing 7.04% and valued at over $118.25 million, while State Street Corporation holds 6.53% of the shares totaling 13.68 million with a market value of $109.6 million.

Diamondrock Hospitality Co. (DRH) Insider Activity

A total of 0 insider transactions have happened at Diamondrock Hospitality Co. (DRH) in the last six months, with sales accounting for 0 and purchases happening 0 times.

Diamondrock Hospitality Co. (DRH): Who are the competitors?

One of the company’s main competitors (and peers) include Host Hotels & Resorts Inc. (HST) that is trading 7.54% up over the past 12 months.Pebblebrook Hotel Trust (PEB) lies in the list of competitors of the Diamondrock Hospitality Co. and is -1.08% lower over the same period from DRHRLJ Lodging Trust (RLJ) is -2.68% down on the 1-year trading charts.