DiamondRock Hospitality Company $DRH Shares Purchased by Strs Ohio

Posted by George Bondi on Jul 8th, 2026

Strs Ohio boosted its holdings in shares of DiamondRock Hospitality Company (NYSE:DRH – Free Report) by 300.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 145,600 shares of the real estate investment trust’s stock after purchasing an additional 109,200 shares during the quarter. Strs Ohio’s holdings in DiamondRock Hospitality were worth $1,361,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. First Horizon Corp boosted its stake in shares of DiamondRock Hospitality by 54.9% during the 4th quarter. First Horizon Corp now owns 3,214 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 1,139 shares during the last quarter. ProShare Advisors LLC increased its stake in shares of DiamondRock Hospitality by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 40,041 shares of the real estate investment trust’s stock worth $359,000 after buying an additional 1,203 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in DiamondRock Hospitality by 32.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,990 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 1,470 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in DiamondRock Hospitality by 77.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,436 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 1,498 shares in the last quarter. Finally, Metis Global Partners LLC boosted its stake in DiamondRock Hospitality by 3.6% during the 4th quarter. Metis Global Partners LLC now owns 48,193 shares of the real estate investment trust’s stock valued at $432,000 after acquiring an additional 1,667 shares during the last quarter.

Insider Buying and Selling at DiamondRock Hospitality

In other DiamondRock Hospitality news, Director Kathleen Merrill sold 20,000 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $11.88, for a total value of $237,600.00. Following the sale, the director directly owned 84,335 shares in the company, valued at approximately $1,001,899.80. This trade represents a 19.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michael A. Hartmeier sold 20,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $10.46, for a total transaction of $209,200.00. Following the transaction, the director directly owned 95,354 shares of the company’s stock, valued at approximately $997,402.84. This trade represents a 17.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Barclays boosted their target price on shares of DiamondRock Hospitality from $10.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Wells Fargo & Company lifted their price target on DiamondRock Hospitality from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Morgan Stanley boosted their price objective on DiamondRock Hospitality from $9.50 to $9.60 and gave the company an “equal weight” rating in a report on Tuesday, May 12th. Citigroup upped their price objective on DiamondRock Hospitality from $9.50 to $11.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Stifel Nicolaus set a $12.25 target price on DiamondRock Hospitality in a research report on Thursday, June 4th. Three analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $11.65.

Check Out Our Latest Stock Report on DRH

DiamondRock Hospitality Stock Down 1.4%

NYSE:DRH opened at $11.75 on Wednesday. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.70. The stock has a 50 day moving average of $11.32 and a 200-day moving average of $10.20. The firm has a market capitalization of $2.40 billion, a PE ratio of 47.00, a price-to-earnings-growth ratio of 4.50 and a beta of 0.98. DiamondRock Hospitality Company has a 52 week low of $7.45 and a 52 week high of $12.54.

DiamondRock Hospitality Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Tuesday, June 30th. DiamondRock Hospitality’s dividend payout ratio is presently 76.60%.

DiamondRock Hospitality Profile

(Free Report)

DiamondRock Hospitality Company is a real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of upscale, full-service hotels in urban gateway markets across the United States. Established in 2004 and headquartered in Bethesda, Maryland, the company focuses on investing in high-quality lodging properties that cater to both business and leisure travelers. Its assets are positioned in key metropolitan areas, enabling DiamondRock to benefit from strong demand drivers such as corporate travel, group conventions and resort leisure stays.

The company’s portfolio includes full-service hotels offering a broad range of amenities, including guest rooms, on-site food and beverage outlets, meeting and event space, fitness centers and spa services.