Diamondrock Hospitality (DRH) Upgraded By Raymond James from Mkt Perform; Penn Capital Management Co Has Lifted By $1.97 Million Its Gastar Expl New (GST) Position

July 17, 2017 - By Richard Conner

Penn Capital Management Co Inc increased Gastar Expl Inc New (GST) stake by 346.13% reported in 2016Q4 SEC filing. Penn Capital Management Co Inc acquired 1.97M shares as Gastar Expl Inc New (GST)’s stock declined 45.77%. The Penn Capital Management Co Inc holds 2.54M shares with $3.94M value, up from 570,076 last quarter. Gastar Expl Inc New now has $199.61 million valuation. The stock increased 4.35% or $0.039 on July 14, reaching $0.942. About shares traded. Gastar Exploration Inc (NYSEMKT:GST) has risen 14.74% since July 17, 2016 and is uptrending. It has underperformed by 1.96% the S&P500.

Among 12 analysts covering Diamondrock Hospitality Company (NYSE:DRH), 3 have Buy rating, 2 Sell and 7 Hold. Therefore 25% are positive. Diamondrock Hospitality Company has $15 highest and $9 lowest target. $11.45’s average target is -2.55% below currents $11.75 stock price. Diamondrock Hospitality Company had 29 analyst reports since August 12, 2015 according to SRatingsIntel. Citigroup maintained DiamondRock Hospitality Company (NYSE:DRH) on Wednesday, October 5 with “Neutral” rating. As per Tuesday, February 16, the company rating was maintained by Credit Suisse. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, March 29. Credit Suisse maintained it with “Outperform” rating and $10.50 target in Wednesday, March 23 report. The rating was upgraded by Barclays Capital to “Equal-Weight” on Wednesday, August 12. KeyBanc Capital Markets downgraded DiamondRock Hospitality Company (NYSE:DRH) on Monday, October 5 to “Sector Weight” rating. The stock of DiamondRock Hospitality Company (NYSE:DRH) earned “Neutral” rating by Goldman Sachs on Tuesday, April 11. As per Monday, August 24, the company rating was downgraded by Zacks. Credit Suisse upgraded DiamondRock Hospitality Company (NYSE:DRH) rating on Thursday, August 20. Credit Suisse has “Outperform” rating and $15 target. The stock of DiamondRock Hospitality Company (NYSE:DRH) has “Hold” rating given on Thursday, December 17 by Stifel Nicolaus.

Investors sentiment increased to 1.14 in Q4 2016. Its up 0.06, from 1.08 in 2016Q3. It improved, as 28 investors sold DiamondRock Hospitality Company shares while 64 reduced holdings. 33 funds opened positions while 72 raised stakes. 209.91 million shares or 6.07% less from 223.47 million shares in 2016Q3 were reported. Utah Retirement reported 0% stake. Loomis Sayles And Lp holds 1,162 shares or 0% of its portfolio. Eaton Vance has invested 0% of its portfolio in DiamondRock Hospitality Company (NYSE:DRH). Kbc Grp Nv holds 141,425 shares or 0.02% of its portfolio. Voloridge Invest Mngmt Ltd Liability stated it has 0.03% in DiamondRock Hospitality Company (NYSE:DRH). Pzena Inv Ltd Company invested in 0.07% or 1.03 million shares. New York State Teachers Retirement System invested 0.02% of its portfolio in DiamondRock Hospitality Company (NYSE:DRH). First Mercantile reported 0.06% of its portfolio in DiamondRock Hospitality Company (NYSE:DRH). Moreover, Pensionfund Dsm Netherlands has 0.25% invested in DiamondRock Hospitality Company (NYSE:DRH). Alliancebernstein Ltd Partnership reported 1.71M shares. Aqr Capital Lc, Connecticut-based fund reported 208,199 shares. Comerica Comml Bank holds 0.02% or 212,490 shares in its portfolio. Loeb Corp holds 0.33% or 84,350 shares. 10,604 were accumulated by Ronald Blue & Lc. M&T Bank holds 0% of its portfolio in DiamondRock Hospitality Company (NYSE:DRH) for 21,707 shares.

DiamondRock Hospitality Company is a real estate investment trust . The company has market cap of $2.39 billion. As of December 31, 2016, the Company owned a portfolio of 26 hotels and resorts that contains 9,472 guest rooms located in 17 different markets in North America and the United States Virgin Islands. It has a 22.18 P/E ratio. The Company’s business is to acquire, own, asset manage and renovate hotel properties in the United States.

Analysts await DiamondRock Hospitality Company (NYSE:DRH) to report earnings on August, 8 before the open. They expect $0.31 EPS, 0.00% or $0.00 from last year’s $0.31 per share. DRH’s profit will be $63.06 million for 9.48 P/E if the $0.31 EPS becomes a reality. After $0.18 actual EPS reported by DiamondRock Hospitality Company for the previous quarter, Wall Street now forecasts 72.22% EPS growth.

The stock increased 1.64% or $0.19 on July 14, reaching $11.75. About shares traded. DiamondRock Hospitality Company (NYSE:DRH) has risen 33.29% since July 17, 2016 and is uptrending. It has outperformed by 16.59% the S&P500.

Penn Capital Management Co Inc decreased Southwest Bancorp Inc Okla (NASDAQ:OKSB) stake by 70,988 shares to 232,586 valued at $6.75M in 2016Q4. It also reduced Park Sterling Corp (NASDAQ:PSTB) stake by 222,611 shares and now owns 858,189 shares. Wynn Resorts Ltd (NASDAQ:WYNN) was reduced too.

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