Ladenburg Thalmann Reiterates Buy Rating on PK
Ladenburg Thalmann maintains its buy rating for PK, setting a $20 price target, a 38.89% upside from the current price.
Key Points
- Ladenburg Thalmann reiterated a buy rating for PK, with a price target of $20, as of June 16, 2026.
- Ladenburg Thalmann's $20 price target implies 38.89% upside from Park Hotels & Resorts Inc.'s ($PK) current $14.40 share price.
- PK shares are trading at $14.40, with notable insider purchases reported in April 2026.
- Institutional investors like BlackRock and Donald Smith & Co. have adjusted their holdings in PK.
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Ladenburg Thalmann reiterated its buy rating on PK, setting a price target of $20. This update came on June 16, 2026, with PK shares trading at $14.40 at the time of the report.
Other Institutional Activity in PK
Several institutional investors have recently adjusted their holdings in PK. BlackRock, Inc. increased its stake by 306,820 shares, holding a total of 25,660,092 shares valued at about $270.2 million. Donald Smith & Co., Inc. also boosted its position significantly by 2,010,358 shares, bringing its total holdings to 16,628,279 shares worth approximately $175.1 million. Conversely, Bank of America Corp reduced its position by 1,925,135 shares, ending with 10,619,530 shares valued at around $111.8 million.
Park Hotels & Resorts Inc. Stock Down 9.0%
PK shares recently traded around $14.40. The company's stock has seen activity from both institutional investors and insiders, reflecting varied interest in the market.
Insider Buying and Selling at Park Hotels & Resorts Inc.
On April 24, 2026, several insiders, including Thomas Eckert, Terri McClements, Geoffrey Garrett, Thomas Natelli, Stephen Sadove, and Christie Kelly, each purchased 13,839 shares of PK. These transactions were not part of a planned trading program.
Analysts Set New Price Targets
On June 16, 2026, Ladenburg Thalmann maintained its buy rating for PK with a price target of $20. Barclays and Wells Fargo both maintained a hold rating with a $12 target on June 1, 2026. Meanwhile, Truist Securities held a $13 target on May 26, 2026.
Bottom Line
Ladenburg Thalmann's reaffirmation of a buy rating and $20 target for PK highlights continued confidence in the stock. The recent insider buying and shifts in institutional holdings suggest active interest in PK's market performance. As with all 13F filings and analyst updates, these insights provide a snapshot of past activity and expectations, not current recommendations.
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