Stevens Capital Management LP bought a new position in shares of Playa Hotels & Resorts N.V. (NASDAQ:PLYA) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,201 shares of the company’s stock, valued at approximately $159,000.

A number of other institutional investors and hedge funds have also made changes to their positions in PLYA. BlackRock Inc. acquired a new position in Playa Hotels & Resorts N.V. during the second quarter worth about $96,964,000. Janus Henderson Group PLC acquired a new position in Playa Hotels & Resorts N.V. during the second quarter worth about $49,085,000. TPG Group Holdings SBS Advisors Inc. raised its position in Playa Hotels & Resorts N.V. by 20.0% during the second quarter. TPG Group Holdings SBS Advisors Inc. now owns 8,806,666 shares of the company’s stock worth $105,240,000 after acquiring an additional 1,466,666 shares during the last quarter. Commonwealth Bank of Australia acquired a new position in Playa Hotels & Resorts N.V. during the second quarter worth about $10,835,000. Finally, Wells Fargo & Company MN raised its position in Playa Hotels & Resorts N.V. by 1,855.9% during the second quarter. Wells Fargo & Company MN now owns 829,856 shares of the company’s stock worth $9,916,000 after acquiring an additional 787,428 shares during the last quarter. Institutional investors own 84.36% of the company’s stock.

Playa Hotels & Resorts N.V. (NASDAQ PLYA) opened at $10.88 on Thursday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.51 and a current ratio of 1.59. Playa Hotels & Resorts N.V. has a 52-week low of $9.81 and a 52-week high of $12.27.

In other news, Director Daniel J. Hirsch acquired 30,000 shares of the business’s stock in a transaction dated Friday, November 10th. The stock was acquired at an average price of $10.52 per share, with a total value of $315,600.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.74% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Stevens Capital Management LP Invests $159,000 in Playa Hotels & Resorts N.V. (PLYA)” was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark law. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/stevens-capital-management-lp-invests-159000-in-playa-hotels-resorts-n-v-plya/1721356.html.

PLYA has been the subject of a number of research reports. Northland Securities restated a “buy” rating and set a $14.75 target price on shares of Playa Hotels & Resorts N.V. in a research report on Friday, November 10th. Janney Montgomery Scott initiated coverage on shares of Playa Hotels & Resorts N.V. in a research report on Thursday, September 7th. They set a “buy” rating and a $14.00 target price for the company. Finally, Zacks Investment Research cut shares of Playa Hotels & Resorts N.V. from a “buy” rating to a “hold” rating in a research report on Saturday, July 29th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $13.54.

Playa Hotels & Resorts N.V. 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 N.V. (NASDAQ:PLYA)

Receive News & Ratings for Playa Hotels & Resorts N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Playa Hotels & Resorts N.V. and related companies with Analyst Ratings Network's FREE daily email newsletter.