Playa Hotels & Resorts (NASDAQ:PLYA) Shares Bought by XTX Topco Ltd

XTX Topco Ltd raised its position in Playa Hotels & Resorts (NASDAQ:PLYA - Free Report) by 84.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 43,236 shares of the company's stock after buying an additional 19,824 shares during the quarter. XTX Topco Ltd's holdings in Playa Hotels & Resorts were worth $547,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. American Century Companies Inc. increased its stake in shares of Playa Hotels & Resorts by 8.9% during the fourth quarter. American Century Companies Inc. now owns 2,980,647 shares of the company's stock worth $37,705,000 after acquiring an additional 244,584 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Playa Hotels & Resorts by 18.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,434,496 shares of the company's stock worth $30,796,000 after purchasing an additional 387,270 shares during the period. New South Capital Management Inc. purchased a new position in shares of Playa Hotels & Resorts during the 4th quarter worth approximately $11,374,000. Raymond James Financial Inc. acquired a new stake in shares of Playa Hotels & Resorts in the 4th quarter valued at approximately $5,308,000. Finally, Quinn Opportunity Partners LLC acquired a new position in Playa Hotels & Resorts during the fourth quarter worth $3,770,000. Hedge funds and other institutional investors own 74.58% of the company's stock.

Wall Street Analyst Weigh In

PLYA has been the topic of a number of recent analyst reports. Macquarie cut shares of Playa Hotels & Resorts from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 10th. Oppenheimer cut shares of Playa Hotels & Resorts from an "outperform" rating to a "market perform" rating in a report on Tuesday, February 11th. Truist Financial reiterated a "hold" rating and set a $13.00 target price on shares of Playa Hotels & Resorts in a research report on Tuesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft downgraded Playa Hotels & Resorts from a "buy" rating to a "hold" rating and cut their price target for the stock from $15.00 to $13.50 in a research note on Tuesday, February 11th. Five analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $12.10.

Playa Hotels & Resorts Trading Up 0.1 %

Shares of NASDAQ:PLYA traded up $0.01 during trading on Thursday, reaching $13.44. The stock had a trading volume of 2,472,248 shares, compared to its average volume of 1,931,402. The business has a fifty day moving average price of $13.34 and a 200-day moving average price of $11.59. Playa Hotels & Resorts has a fifty-two week low of $6.95 and a fifty-two week high of $13.44. The stock has a market cap of $1.65 billion, a P/E ratio of 28.00, a PEG ratio of 2.44 and a beta of 0.91. The company has a quick ratio of 2.14, a current ratio of 2.24 and a debt-to-equity ratio of 2.16.

Playa Hotels & Resorts (NASDAQ:PLYA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.08 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.04. Playa Hotels & Resorts had a net margin of 6.84% and a return on equity of 14.12%. The company had revenue of $218.94 million during the quarter, compared to the consensus estimate of $212.26 million. As a group, analysts anticipate that Playa Hotels & Resorts will post 0.56 earnings per share for the current fiscal year.

About Playa Hotels & Resorts

Playa Hotels & Resorts NV engages in the operation of hotels and resorts. The firm's geographical segments include Yucatán Peninsula, Pacific Coast, Dominican Republic, and Jamaica. It owns all-inclusive oceanfront resorts in Cancun, Los Cabos, Montego Bay, Puerto Vallarta, Playa del Carmen, and Cap Cana.