Resolution Capital LTD Decreased Its Diamondrock Hospitality Co (DRH) Stake by $10.16 Million; Shares Declined

Big Money Sentiment increased to 1.66 in 2018 Q3. It has change of 0.66, from 2018Q2’s 1. The ratio increased due to DRH positioning: 20 sold and 47 reduced. 30 funds took stakes and 81 increased stakes. Investors holded 210.02 million in 2018Q2 but now own 214.20 million shares or 1.99% more. Parametric Portfolio Assoc Limited Company owns 634,342 shs. The New York-based Tower Research Ltd (Trc) has invested 0.01% in DiamondRock Hospitality Company (NYSE:DRH). Virginia Retirement Et Al holds 0.02% of its capital in DiamondRock Hospitality Company (NYSE:DRH) for 153,200 shs. Daiwa Secs Grp Incorporated reported 30,142 shs. Victory Mngmt stated it has 3.61M shs or 0.09% of all its holdings. Blackrock reported 0.02% stake. Teacher Retirement Of Texas holds 0% or 23,633 shs in its capital. Parallax Volatility Advisers Limited Partnership has invested 0% in DiamondRock Hospitality Company (NYSE:DRH). Adelante Ltd Llc has 1.25% invested in DiamondRock Hospitality Company (NYSE:DRH) for 1.89 million shs. Sumitomo Mitsui Asset Mngmt Communications Limited reported 10,172 shs. Thrivent For Lutherans holds 267,324 shs or 0.01% of its capital. Jefferies Group Ltd Llc has invested 0% in DiamondRock Hospitality Company (NYSE:DRH). Hsbc Public Ltd Llc holds 26,387 shs. Price T Rowe Assoc Incorporated Md owns 119,419 shs for 0% of their capital. Macquarie Grp Inc Limited owns 112,200 shs.

Resolution Capital Ltd reduced its holdings by 11.33% in Diamondrock Hospitality Co (DRH), according to 2018Q3 SEC form. By selling 923,248 shares Resolution Capital Ltd made the stock sank with 16.50%. At the end of 2018Q3, the 7.23M shares of the real estate investment trusts company held by the institutional investor were valued at $84.34M, down from 8.15 million at the end of the previous reported quarter. $2.18 billion is Diamondrock Hospitality Co’s market cap. DRH hit $10.76 during the last trading session after $0.1 change.DiamondRock Hospitality Company has volume of 2.86 million shares. Since February 28, 2018 DRH has declined 12.27% and is downtrending. DRH underperformed by 12.27% the S&P 500.

A portfolio of $2.93 billion and $2.86B is managed by Resolution Capital Ltd. As it’s registered in SEC form the stake in Terreno Rlty Corp (NYSE:TRNO) is rose by 280,375 shares to 1.41 million shares. They are valued at $53.27 million in 2018Q3. For a total of 4.47 million shares it increased its holding in Prologis Inc (NYSE:PLD) by 1.24M shares in the quarter, and has risen its stake in Interxion Holding N.V (NYSE:INXN).

More recent DiamondRock Hospitality Company (NYSE:DRH) news were announced by Nasdaq.com, Prnewswire.com and Seekingalpha.com. The first one has “Financial Sector Update for 01/31/2019: DRH, UMBF, APO, AFG – Nasdaq” as a title and was announced on January 31, 2019. The next is “DiamondRock Hospitality Company Reports Fourth Quarter And Full Year 2018 Results – PRNewswire” on February 25, 2019. And last was announced on December 12, 2018, called “DiamondRock acquires hotel at base of Golden Gate Bridge – Seeking Alpha”.

DiamondRock Hospitality Company (NYSE:DRH) Ratings Coverage

In total 5 analysts cover Diamondrock Hospitality (NYSE:DRH). “Buy” rating has 0, “Sell” are 4, while 1 are “Hold”. 0 are bullish. 6 are the (NYSE:DRH)’s analyst reports since November 1, 2018 according to StockzIntelligence Inc. On Friday, January 25 the company was downgraded by KeyBanc Capital Markets. On Tuesday, December 18 the stock of DiamondRock Hospitality Company (NYSE:DRH) earned “Equal-Weight” rating by Barclays Capital. The stock rating was maintained by Morgan Stanley with “Sell” on Wednesday, February 27. On Thursday, January 10 Goldman Sachs downgraded DiamondRock Hospitality Company (NYSE:DRH) to “Sell” rating. On Tuesday, December 11 the firm earned “Underperform” rating by Wells Fargo. On Thursday, November 1 the rating was downgraded by Wells Fargo to “Market Perform”.

DiamondRock Hospitality Company (NYSE:DRH) Institutional Investors Chart

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