Park Hotels & Resorts Inc. $PK Stock Sold by Nisa Investment Advisors LLC

Posted by Brenda Bartman on Oct 27th, 2026

Nisa Investment Advisors LLC lessened its stake in shares of Park Hotels & Resorts Inc. (NYSE:PK – Free Report) by 48.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 91,215 shares of the financial services provider’s stock after selling 86,363 shares during the period. Nisa Investment Advisors LLC’s holdings in Park Hotels & Resorts were worth $1,429,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Two Sigma Securities LLC bought a new position in shares of Park Hotels & Resorts in the second quarter valued at approximately $527,000. Advisors Capital Management LLC acquired a new position in shares of Park Hotels & Resorts in the 2nd quarter worth approximately $19,160,000. Northwestern Mutual Wealth Management Co. grew its position in Park Hotels & Resorts by 227.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 121,666 shares of the financial services provider’s stock worth $1,734,000 after acquiring an additional 84,544 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in Park Hotels & Resorts during the 2nd quarter worth approximately $2,748,000. Finally, Jupiter Topco LLC bought a new stake in Park Hotels & Resorts during the 2nd quarter worth approximately $4,230,000. Institutional investors and hedge funds own 92.69% of the company’s stock.

Park Hotels & Resorts Trading Up 1.3%

PK opened at $16.57 on Tuesday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $3.34 billion, a PE ratio of -19.96 and a beta of 1.36. Park Hotels & Resorts Inc. has a 1-year low of $9.84 and a 1-year high of $17.14. The firm has a 50-day moving average price of $15.51 and a two-hundred day moving average price of $13.09.

Park Hotels & Resorts (NYSE:PK – Get Free Report) last announced its earnings results on Thursday, August 6th. The financial services provider reported $0.24 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.24. Park Hotels & Resorts had a negative net margin of 6.41% and a negative return on equity of 5.23%. The company had revenue of $680.00 million during the quarter, compared to the consensus estimate of $659.68 million. During the same period in the previous year, the firm posted $0.64 earnings per share. The company’s revenue was up 1.2% on a year-over-year basis. Park Hotels & Resorts has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, equities analysts anticipate that Park Hotels & Resorts Inc. will post 1.87 earnings per share for the current fiscal year.

Park Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.0%. Park Hotels & Resorts’s dividend payout ratio (DPR) is currently -120.48%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on PK. Evercore set a $17.00 price target on Park Hotels & Resorts in a report on Monday. BMO Capital Markets raised Park Hotels & Resorts from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $14.00 to $18.00 in a research note on Tuesday, September 1st. Raymond James Financial raised Park Hotels & Resorts from a “market perform” rating to a “strong-buy” rating and set a $19.00 price objective on the stock in a research note on Monday, September 28th. Weiss Ratings upgraded Park Hotels & Resorts from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday. Finally, Cantor Fitzgerald increased their target price on Park Hotels & Resorts from $12.00 to $15.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $16.64.

View Our Latest Research Report on Park Hotels & Resorts

Park Hotels & Resorts Profile

(Free Report)

Park Hotels & Resorts Inc (NYSE: PK) is a real estate investment trust focused on owning and operating hotels and resorts. The company’s portfolio includes full-service properties in major business and leisure destinations, with hotels operating under Hilton brands as well as other nationally recognized and independent brands.

Park’s properties provide lodging, food and beverage, meeting and event facilities, and other hospitality services. Its hotels are located primarily in the United States, including gateway cities, convention markets, and resort destinations.

Park Hotels & Resorts was formed in 2017 through a spin-off from Hilton Worldwide Holdings.