Nationwide Fund Advisors raised its position in shares of Playa Hotels & Resorts NV (NASDAQ:PLYA) by 91.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 165,294 shares of the company’s stock after buying an additional 79,054 shares during the period. Nationwide Fund Advisors owned about 0.15% of Playa Hotels & Resorts worth $1,724,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PLYA. BlackRock Inc. acquired a new stake in shares of Playa Hotels & Resorts in the second quarter valued at approximately $96,964,000. Janus Henderson Group PLC acquired a new stake in shares of Playa Hotels & Resorts in the second quarter valued at approximately $49,085,000. TPG Group Holdings SBS Advisors Inc. increased its holdings in shares of Playa Hotels & Resorts by 20.0% in the second quarter. TPG Group Holdings SBS Advisors Inc. now owns 8,806,666 shares of the company’s stock valued at $105,240,000 after purchasing an additional 1,466,666 shares in the last quarter. Commonwealth Bank of Australia acquired a new stake in shares of Playa Hotels & Resorts in the second quarter valued at approximately $10,835,000. Finally, Wells Fargo & Company MN increased its holdings in shares of Playa Hotels & Resorts by 1,855.9% in the second quarter. Wells Fargo & Company MN now owns 829,856 shares of the company’s stock valued at $9,916,000 after purchasing an additional 787,428 shares in the last quarter. 77.43% of the stock is owned by institutional investors.

Shares of Playa Hotels & Resorts NV (NASDAQ:PLYA) opened at $10.81 on Monday. The company has a current ratio of 1.59, a quick ratio of 1.51 and a debt-to-equity ratio of 1.44. Playa Hotels & Resorts NV has a fifty-two week low of $9.81 and a fifty-two week high of $12.27. The company has a market cap of $1,180.00 and a price-to-earnings ratio of -24.02.

In other Playa Hotels & Resorts news, Director Daniel J. Hirsch bought 30,000 shares of the stock in a transaction on Friday, November 10th. The stock was purchased at an average price of $10.52 per share, with a total value of $315,600.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 2.74% of the stock is currently owned by insiders.

PLYA has been the subject of a number of research reports. Zacks Investment Research lowered shares of Playa Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Wednesday, September 20th. Janney Montgomery Scott initiated coverage on shares of Playa Hotels & Resorts in a report on Thursday, September 7th. They issued a “buy” rating and a $14.00 price target for the company. Finally, Northland Securities reissued a “buy” rating and issued a $14.75 price target on shares of Playa Hotels & Resorts in a report on Friday, November 10th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $13.54.

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About Playa Hotels & Resorts

Playa Hotels & Resorts NV is based in the Netherlands and operates hotels and resorts. The Company owns, operates and develops all-inclusive resorts in beachfront locations in vacation destinations in Mexico and the Caribbean. It owns a portfolio consisting of more than 10 resorts located in Mexico, the Dominican Republic and Jamaica.

Institutional Ownership by Quarter for Playa Hotels & Resorts (NASDAQ:PLYA)

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