DiamondRock HospitalityDRH
Market Cap: $1.72B
About: Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver, and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and others. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.
Employees: 33
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
58% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 26
7% more funds holding
Funds holding: 219 [Q1] → 234 (+15) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
8% less call options, than puts
Call options by funds: $12K | Put options by funds: $13K
5.03% less ownership
Funds ownership: 105.99% [Q1] → 100.96% (-5.03%) [Q2]
16% less capital invested
Capital invested by funds: $2.13B [Q1] → $1.79B (-$339M) [Q2]
16% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 91
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Truist Securities Patrick Scholes 44% 1-year accuracy 16 / 36 met price target | 20%upside $10 | Hold Maintained | 4 Sept 2024 |
Compass Point Floris Van Dijkum 78% 1-year accuracy 7 / 9 met price target | 20%upside $10 | Buy Upgraded | 5 Aug 2024 |
Financial journalist opinion
Based on 3 articles about DRH published over the past 30 days