Apple Hospitality REITAPLE
About: Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly-owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly-owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.
Employees: 63
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more call options, than puts
Call options by funds: $8.77M | Put options by funds: $4.39M
0% less capital invested
Capital invested by funds: $3.13B [Q2] → $3.13B (-$6.1M) [Q3]
8% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 38
9% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 120
2% less funds holding
Funds holding: 316 [Q2] → 310 (-6) [Q3]
2.03% less ownership
Funds ownership: 89.01% [Q2] → 86.98% (-2.03%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
BMO Capital Ari Klein 31% 1-year accuracy 4 / 13 met price target | 20%upside $18 | Outperform Initiated | 9 Dec 2024 |
Oppenheimer Tyler Batory 39% 1-year accuracy 14 / 36 met price target | 20%upside $18 | Outperform Reiterated | 8 Nov 2024 |
Financial journalist opinion
Based on 5 articles about APLE published over the past 30 days
