Kirr Marbach & Co. LLC IN raised its holdings in shares of Extended Stay America Inc (NYSE:STAY) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 623,359 shares of the company’s stock after purchasing an additional 4,602 shares during the quarter. Extended Stay America accounts for about 2.4% of Kirr Marbach & Co. LLC IN’s portfolio, making the stock its 20th largest position. Kirr Marbach & Co. LLC IN owned about 0.32% of Extended Stay America worth $11,844,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Extended Stay America by 49.9% during the second quarter. Vanguard Group Inc. now owns 15,145,372 shares of the company’s stock valued at $293,215,000 after purchasing an additional 5,044,514 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Extended Stay America by 82.3% in the 2nd quarter. BlackRock Inc. now owns 12,118,235 shares of the company’s stock worth $234,608,000 after acquiring an additional 5,469,312 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Extended Stay America by 100.6% in the 3rd quarter. Principal Financial Group Inc. now owns 6,710,452 shares of the company’s stock worth $134,209,000 after acquiring an additional 3,365,110 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Extended Stay America by 47.1% in the 2nd quarter. Goldman Sachs Group Inc. now owns 3,382,556 shares of the company’s stock worth $65,486,000 after acquiring an additional 1,082,388 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Extended Stay America by 45.4% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 2,657,375 shares of the company’s stock worth $53,148,000 after acquiring an additional 830,175 shares during the last quarter. Institutional investors and hedge funds own 98.31% of the company’s stock.

Several research firms have recently issued reports on STAY. Robert W. Baird restated a “buy” rating and issued a $21.00 target price on shares of Extended Stay America in a report on Thursday, October 12th. Zacks Investment Research lowered shares of Extended Stay America from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. Stifel Nicolaus restated a “buy” rating and issued a $19.50 target price (up previously from $19.25) on shares of Extended Stay America in a report on Tuesday, December 19th. Morgan Stanley lowered their target price on shares of Extended Stay America from $20.00 to $18.00 and set an “equal weight” rating for the company in a report on Wednesday, November 8th. Finally, BidaskClub lowered shares of Extended Stay America from a “hold” rating to a “sell” rating in a report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s stock. Extended Stay America presently has a consensus rating of “Buy” and a consensus price target of $21.17.

Extended Stay America Inc (NYSE STAY) traded up $0.52 during mid-day trading on Monday, reaching $21.00. 2,765,700 shares of the company traded hands, compared to its average volume of 1,997,515. The stock has a market cap of $4,020.00, a P/E ratio of 53.85, a PEG ratio of 7.18 and a beta of 0.98. Extended Stay America Inc has a 52 week low of $15.63 and a 52 week high of $21.25. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.94.

Extended Stay America (NYSE:STAY) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $0.35 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.02). The company had revenue of $350.86 million during the quarter, compared to analysts’ expectations of $359.70 million. Extended Stay America had a return on equity of 14.53% and a net margin of 5.83%. The company’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.36 EPS. analysts predict that Extended Stay America Inc will post 0.98 earnings per share for the current fiscal year.

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Extended Stay America Company Profile

Extended Stay America, Inc is a owner/operator of company-branded hotels in North America. The Company operates in the extended stay lodging industry. The Company owns and operates approximately 700 hotel properties consisting of approximately 75,900 rooms located in 44 states across the United States of America and in Canada.

Institutional Ownership by Quarter for Extended Stay America (NYSE:STAY)

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