Dimensional Fund Advisors LP Has $4.39 Million Holdings in Playa Hotels & Resorts NV (PLYA)

Dimensional Fund Advisors LP increased its stake in shares of Playa Hotels & Resorts NV (NASDAQ:PLYA) by 179.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 421,267 shares of the company’s stock after purchasing an additional 270,410 shares during the quarter. Dimensional Fund Advisors LP owned about 0.38% of Playa Hotels & Resorts worth $4,394,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PLYA. Stevens Capital Management LP bought a new stake in shares of Playa Hotels & Resorts during the third quarter valued at approximately $159,000. Bluefin Trading LLC bought a new position in Playa Hotels & Resorts in the second quarter valued at approximately $168,000. Dynamic Technology Lab Private Ltd bought a new position in Playa Hotels & Resorts in the third quarter valued at approximately $206,000. C M Bidwell & Associates Ltd. bought a new position in Playa Hotels & Resorts in the second quarter valued at approximately $255,000. Finally, State Street Corp bought a new position in Playa Hotels & Resorts in the second quarter valued at approximately $394,000. 76.39% of the stock is currently owned by institutional investors and hedge funds.

Shares of Playa Hotels & Resorts NV (NASDAQ PLYA) opened at $9.70 on Monday. The company has a quick ratio of 1.51, a current ratio of 1.59 and a debt-to-equity ratio of 1.44. Playa Hotels & Resorts NV has a twelve month low of $9.41 and a twelve month high of $12.27.

A number of brokerages have issued reports on PLYA. BidaskClub raised shares of Playa Hotels & Resorts from a “strong sell” rating to a “sell” rating in a research note on Saturday, February 3rd. Nomura reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Playa Hotels & Resorts in a research note on Friday, January 19th. Northland Securities reaffirmed a “buy” rating and issued a $14.75 price objective on shares of Playa Hotels & Resorts in a research note on Friday, November 10th. Finally, Zacks Investment Research raised shares of Playa Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Wednesday, December 13th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. Playa Hotels & Resorts currently has a consensus rating of “Hold” and a consensus price target of $13.89.

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Playa Hotels & Resorts Company Profile

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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