Park Hotels & Resorts Sees Unusually Large Options Volume (NYSE:PK)

Posted by Geri Gentry on Oct 12th, 2026

Park Hotels & Resorts Inc. (NYSE:PK – Get Free Report) was the target of some unusual options trading activity on Monday. Stock traders bought 3,901 put options on the stock. This is an increase of 549% compared to the average volume of 601 put options.

Park Hotels & Resorts Price Performance

Shares of PK traded up $0.12 during mid-day trading on Monday, hitting $15.29. 931,236 shares of the company were exchanged, compared to its average volume of 4,287,578. Park Hotels & Resorts has a 1-year low of $9.84 and a 1-year high of $16.20. The company has a 50 day moving average of $15.27 and a 200-day moving average of $13.63. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.53 and a current ratio of 1.53. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of -18.39 and a beta of 1.36.

Park Hotels & Resorts (NYSE:PK – Get Free Report) last released its earnings results on Thursday, August 6th. The financial services provider reported $0.24 earnings per share for the quarter, meeting the consensus estimate of $0.24. The business had revenue of $680.00 million for the quarter, compared to the consensus estimate of $659.68 million. Park Hotels & Resorts had a negative return on equity of 5.23% and a negative net margin of 6.41%. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.64 earnings per share. Park Hotels & Resorts has set its FY 2026 guidance at 1.900-2.000 EPS. Analysts expect that Park Hotels & Resorts will post 1.86 EPS for the current fiscal year.

Park Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Wednesday, September 30th. Park Hotels & Resorts’s payout ratio is -120.48%.

Institutional Investors Weigh In On Park Hotels & Resorts

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in shares of Park Hotels & Resorts during the 2nd quarter valued at about $444,311,000. Donald Smith & CO. Inc. purchased a new position in shares of Park Hotels & Resorts during the 2nd quarter worth $207,120,000. Bank of America Corp DE purchased a new stake in Park Hotels & Resorts in the 2nd quarter valued at about $136,488,000. Dimensional Fund Advisors LP lifted its position in Park Hotels & Resorts by 3.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,834,320 shares of the financial services provider’s stock valued at $29,847,000 after buying an additional 102,160 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its position in Park Hotels & Resorts by 58.8% in the first quarter. Quantinno Capital Management LP now owns 2,075,796 shares of the financial services provider’s stock valued at $21,858,000 after buying an additional 768,369 shares during the last quarter. Institutional investors and hedge funds own 92.69% of the company’s stock.

Wall Street Analyst Weigh In

PK has been the subject of several recent research reports. JPMorgan Chase & Co. raised their target price on shares of Park Hotels & Resorts from $13.00 to $14.00 and gave the stock an “underweight” rating in a report on Monday, August 10th. Morgan Stanley set a $13.00 price objective on Park Hotels & Resorts and gave the company an “equal weight” rating in a research note on Monday. Raymond James Financial upgraded Park Hotels & Resorts from a “market perform” rating to a “strong-buy” rating and set a $19.00 target price on the stock in a research note on Monday, September 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $18.00 price objective on shares of Park Hotels & Resorts in a research report on Friday, August 14th. Finally, Barclays upped their price target on Park Hotels & Resorts from $12.00 to $14.00 and gave the stock an “equal weight” rating in a report on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $15.91.

Get Our Latest Stock Analysis on PK

Park Hotels & Resorts Company Profile

(Get Free Report)

Park Hotels & Resorts Inc (NYSE:PK) is a real estate investment trust that owns and leases a portfolio of hotels and resorts. The company focuses primarily on upper-upscale and luxury properties in high-demand business and leisure destinations.

Park’s portfolio includes full-service hotels operating under well-known hospitality brands, including Hilton, Hyatt and Marriott, as well as independent properties. Its hotels provide lodging, food and beverage, meeting and event facilities, resort amenities and other guest services.

Park Hotels & Resorts was formed in 2016 and became an independent, publicly traded company in 2017 after being spun off from Hilton Worldwide Holdings.