JPMorgan Chase & Co. Acquires 88,335 Shares of DiamondRock Hospitality Company $DRH

JPMorgan Chase & Co. grew its stake in DiamondRock Hospitality Company (NYSE:DRHFree Report) by 1.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,500,337 shares of the real estate investment trust’s stock after acquiring an additional 88,335 shares during the period. JPMorgan Chase & Co. owned 2.68% of DiamondRock Hospitality worth $43,783,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Asset Management One Co. Ltd. grew its stake in DiamondRock Hospitality by 0.6% in the third quarter. Asset Management One Co. Ltd. now owns 295,567 shares of the real estate investment trust’s stock valued at $2,353,000 after purchasing an additional 1,792 shares in the last quarter. M&T Bank Corp grew its stake in shares of DiamondRock Hospitality by 9.4% in the second quarter. M&T Bank Corp now owns 21,298 shares of the real estate investment trust’s stock valued at $163,000 after buying an additional 1,833 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in DiamondRock Hospitality by 2.7% during the second quarter. Daiwa Securities Group Inc. now owns 72,809 shares of the real estate investment trust’s stock worth $558,000 after buying an additional 1,880 shares during the last quarter. Police & Firemen s Retirement System of New Jersey raised its position in DiamondRock Hospitality by 4.7% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 47,102 shares of the real estate investment trust’s stock worth $361,000 after acquiring an additional 2,129 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in DiamondRock Hospitality by 33.8% in the second quarter. Smartleaf Asset Management LLC now owns 9,294 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 2,349 shares during the last quarter.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DRH shares. Barclays initiated coverage on shares of DiamondRock Hospitality in a research note on Tuesday, January 6th. They set an “equal weight” rating and a $10.00 price objective on the stock. Evercore boosted their price target on DiamondRock Hospitality from $9.00 to $10.00 and gave the stock an “in-line” rating in a research report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft raised DiamondRock Hospitality from a “hold” rating to a “buy” rating and raised their price objective for the company from $10.00 to $12.00 in a research report on Tuesday, January 13th. Wells Fargo & Company lifted their target price on DiamondRock Hospitality from $9.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Monday, December 1st. Finally, Truist Financial upgraded DiamondRock Hospitality from a “hold” rating to a “buy” rating and increased their price target for the company from $10.00 to $11.00 in a research note on Friday, January 9th. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, DiamondRock Hospitality has a consensus rating of “Hold” and an average price target of $9.91.

View Our Latest Stock Analysis on DiamondRock Hospitality

Trending Headlines about DiamondRock Hospitality

Here are the key news stories impacting DiamondRock Hospitality this week:

  • Positive Sentiment: Q4 FFO/EPS beat consensus — DiamondRock reported $0.27 per share for the quarter versus ~$0.24 expected, showing improvement from $0.24 a year ago; that beat helped lift sentiment and provided short‑term support. Press Release
  • Positive Sentiment: FY‑2026 EPS guidance raised/set above street consensus — management provided guidance of $1.090–$1.160 for FY‑2026, which compares favorably with the average sell‑side forecast (~$0.96), suggesting management expects recovery/strength ahead. Press Release
  • Neutral Sentiment: Board leadership change announced — long‑time Chairman William W. McCarten is retiring after a 47‑year hospitality career; governance continuity and succession execution will be watched but the item is not an immediate operational driver. DIAMONDROCK HOSPITALITY ANNOUNCES RETIREMENT OF CHAIRMAN WILLIAM W. MCCARTEN
  • Neutral Sentiment: Analyst write‑ups and metric reviews published — post‑release coverage (Zacks previews and post‑earnings comparisons) provides deeper metric context for FFO, RevPAR/occupancy trends and analyst revisions; useful for re‑rating but not immediate catalysts. Compared to Estimates, DiamondRock Hospitality (DRH) Q4 Earnings
  • Negative Sentiment: Revenue softness and thin margins — quarterly revenue fell ~1.6% YoY and net margin/ROE remain modest, highlighting that top‑line recovery is uneven and profitability is limited; this constrains multiple expansion despite the beat. DiamondRock Hospitality: Q4 Earnings Snapshot

DiamondRock Hospitality Trading Up 2.8%

Shares of DRH stock opened at $10.33 on Friday. DiamondRock Hospitality Company has a 12-month low of $6.18 and a 12-month high of $10.34. The company has a market capitalization of $2.10 billion, a PE ratio of 41.32, a price-to-earnings-growth ratio of 4.50 and a beta of 1.03. The firm has a 50 day moving average price of $9.45 and a two-hundred day moving average price of $8.74. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.70.

DiamondRock Hospitality Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be paid a $0.09 dividend. This is a boost from DiamondRock Hospitality’s previous quarterly dividend of $0.08. The ex-dividend date is Tuesday, March 31st. This represents a $0.36 annualized dividend and a yield of 3.5%. DiamondRock Hospitality’s dividend payout ratio is presently 128.00%.

About DiamondRock Hospitality

(Free Report)

DiamondRock Hospitality Company is a real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of upscale, full-service hotels in urban gateway markets across the United States. Established in 2004 and headquartered in Bethesda, Maryland, the company focuses on investing in high-quality lodging properties that cater to both business and leisure travelers. Its assets are positioned in key metropolitan areas, enabling DiamondRock to benefit from strong demand drivers such as corporate travel, group conventions and resort leisure stays.

The company’s portfolio includes full-service hotels offering a broad range of amenities, including guest rooms, on-site food and beverage outlets, meeting and event space, fitness centers and spa services.

Further Reading

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Institutional Ownership by Quarter for DiamondRock Hospitality (NYSE:DRH)

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