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Park Hotels Amp Resorts Inc
14 own
9 watching
Current Price
$14.43
$0.24
(1.69%)
1 Week Returns
3 Months Returns
1 Year Returns
Get Started with as little as $1.00
Market Capitalization
3,244.48M
52-Week High
20.575
52-Week Low
10.92
Average Volume
4.35M
Dividend Yield
0.087922
P/E Ratio
2.63
Market Capitalization3,244.48M52-Week High20.57552-Week Low10.92Average Volume4.35MDividend Yield0.087922P/E Ratio2.63What does the Park Hotels Amp Resorts Inc do?
Park Hotels & Resorts Inc. (“we,” “us,” “our” or the “Company”) is a Delaware corporation that owns a portfolio of premium-branded hotels and resorts primarily located in prime United States (“U.S.”) markets. On January 3, 2017, Hilton Worldwide Holdings Inc. (“Hilton” or “Parent”) completed the spin-off of a portfolio of hotels and resorts that established Park Hotels & Resorts Inc. as an independent, publicly traded company. The spin-off transaction was effected through a pro rata distribution of Park Hotels & Resorts Inc. stock to existing Hilton stockholders.
For U.S. federal income tax purposes, we intend to elect to be taxed as a real estate investment trust (“REIT”), effective for our tax year ending December 31, 2017. We are currently, and expect to continue to be, organized and operate in a REIT qualified manner. From the spin-off date, Park Intermediate Holdings LLC (our “Operating Company”), directly or indirectly, holds all of our assets and conducts all of our operations. We own 100% of the interests in our Operating Company.
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News & Events about Park Hotels Amp Resorts Inc.
Globe Newswire
1month ago
TYSONS, Va., Dec. 22, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (Park or the Company) (NYSE:PK) today provided an update on fourth quarter operating trends and the Companys capital allocation activity. Recent Highlights: Hotel net income for October 2022 and November 2022 was $41 million ...
Ticker Report
2 months ago
Park Hotels Resorts Inc. (NYSE:PK Get Rating) has been given an average rating of Hold by the fourteen research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold ...
Dividend Channel
4 months ago
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Park Hotels &...
Zolmax
6 months ago
Dupont Capital Management Corp grew its holdings in Park Hotels & Resorts Inc. (NYSE:PK Get Rating) by 65.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 44,980 shares of the financial services providers stock after ...
Zolmax
6 months ago
Park Hotels & Resorts (NYSE:PK Get Rating) had its price objective lowered by Barclays from $22.00 to $18.00 in a report released on Thursday morning, The Fly reports. Barclays currently has an equal weight rating on the financial services providers stock. PK has been the subject of a number of ...
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Current Price
$14.43
$0.24
(1.69%)
1 Week Returns
3 Months Returns
1 Year Returns
Get Started with as little as $1.00
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