Parametric Portfolio Associates Increases Stake in Diamondrock Hospitality Co Reit (DRH); Cinemark Holdings (CNK) Stock Rose While First Dallas Securities Upped Stake

Cinemark Holdings, Inc. (NYSE:CNK) Logo

Parametric Portfolio Associates Llc increased its stake in Diamondrock Hospitality Co Reit (DRH) by 9.35% based on its latest 2018Q3 regulatory filing with the SEC. Parametric Portfolio Associates Llc bought 54,214 shares as the company’s stock declined 16.50% with the market. The institutional investor held 634,342 shares of the real estate investment trusts company at the end of 2018Q3, valued at $7.40 million, up from 580,128 at the end of the previous reported quarter. Parametric Portfolio Associates Llc who had been investing in Diamondrock Hospitality Co Reit for a number of months, seems to be bullish on the $2.22 billion market cap company. The stock increased 1.24% or $0.13 during the last trading session, reaching $10.62. About 3.94M shares traded or 23.79% up from the average. DiamondRock Hospitality Company (NYSE:DRH) has declined 12.27% since February 13, 2018 and is downtrending. It has underperformed by 12.27% the S&P500. Some Historical DRH News: 03/05/2018 – DIAMONDROCK HOSPITALITY CO DRH.N – QTRLY REVPAR WAS $157.38, A 1.8% INCREASE FROM COMPARABLE PERIOD OF 2017; 19/03/2018 – DiamondRock Announces First Quarter Dividend Of $0.125 Per Share; 03/05/2018 – DIAMONDROCK HOSPITALITY BOOSTS YR FORECAST; 12/03/2018 DiamondRock Names Jay Johnson New Executive Vice President & Chief Financial Officer; 03/05/2018 – Diamondrock 1Q EPS 2c; 03/05/2018 – DIAMONDROCK HOSPITALITY 1Q COMP HOTEL REVPAR +1.8%; 12/03/2018 – DIAMONDROCK HOSPITALITY – PRIOR TO JOINING DIAMONDROCK, JOHNSON SERVED AS SENIOR VICE PRESIDENT AND TREASURER OF HOST HOTELS & RESORTS; 03/05/2018 – Diamondrock 1Q Rev $181M; 12/03/2018 – DIAMONDROCK NAMES JAY JOHNSON NEW EVP & CFO; 12/03/2018 – Diamondrock Announces Promotion of Briony Quinn to Senior Vice President and Treasurer

First Dallas Securities Inc increased its stake in Cinemark Holdings Inc (CNK) by 39.37% based on its latest 2018Q3 regulatory filing with the SEC. First Dallas Securities Inc bought 9,350 shares as the company’s stock rose 3.46% while stock markets declined. The institutional investor held 33,100 shares of the movies and entertainment company at the end of 2018Q3, valued at $1.33M, up from 23,750 at the end of the previous reported quarter. First Dallas Securities Inc who had been investing in Cinemark Holdings Inc for a number of months, seems to be bullish on the $4.30 billion market cap company. The stock increased 0.96% or $0.35 during the last trading session, reaching $36.8. About 1.02 million shares traded. Cinemark Holdings, Inc. (NYSE:CNK) has risen 11.13% since February 13, 2018 and is uptrending. It has outperformed by 11.13% the S&P500. Some Historical CNK News: 09/05/2018 – CINEMARK 1Q ADJ EBITDA $193.4M, EST. $196.3M; 23/04/2018 – FATHOM EVENTS – LIVE DIGITAL BROADCAST NETWORK TO RECEIVE OVER 200 ADDITIONAL THEATERS OVER NEXT 12-18 MONTHS THROUGH EXTENDED DISH NETWORK AGREEMENT; 14/05/2018 – ‘Jumanji Double Feature’ Event Offers Twice the Adventure, Twice the Laughs and Twice the Fun in Cinemas for Two Days Only June 10 and 11; 05/04/2018 – CINEMARK HOLDINGS INC CNK.N : MOFFETTNATHANSON RAISES TO NEUTRAL; 24/04/2018 – RealD And Cinemark Renew 3D Agreement Through 2022; 09/05/2018 – Eagle Asset Buys New 2.4% Position in Cinemark; 12/03/2018 – Moody’s Assigns Ba1 To Cinemark’s $660 Million Term Loan B, B1 Cfr Unchanged; 21/04/2018 – DJ Cinemark Holdings Inc, Inst Holders, 1Q 2018 (CNK); 19/03/2018 – ‘Fragments of Truth’ Come to Light in New Faith-Based Documentary, in Cinemas Nationwide April 24 Only; 09/05/2018 – Cinemark 1Q Net $62M

Among 22 analysts covering Cinemark Holdings (NYSE:CNK), 14 have Buy rating, 1 Sell and 7 Hold. Therefore 64% are positive. Cinemark Holdings had 81 analyst reports since July 23, 2015 according to SRatingsIntel. Topeka Capital Markets maintained the stock with “Buy” rating in Thursday, February 18 report. The stock of Cinemark Holdings, Inc. (NYSE:CNK) has “Sell” rating given on Monday, June 12 by Moffett Nathanson. Wedbush maintained the stock with “Buy” rating in Monday, August 7 report. The rating was upgraded by B. Riley & Co to “Buy” on Thursday, August 4. RBC Capital Markets downgraded the shares of CNK in report on Monday, February 27 to “Sector Perform” rating. The stock of Cinemark Holdings, Inc. (NYSE:CNK) earned “Buy” rating by Stifel Nicolaus on Monday, January 4. Wunderlich maintained the stock with “Buy” rating in Thursday, January 14 report. The rating was initiated by Drexel Hamilton on Thursday, January 14 with “Buy”. The stock of Cinemark Holdings, Inc. (NYSE:CNK) has “Buy” rating given on Tuesday, April 11 by Goldman Sachs. Credit Suisse reinitiated it with “Neutral” rating and $33 target in Monday, June 13 report.

Since November 9, 2018, it had 0 insider purchases, and 1 sale for $305,441 activity.

First Dallas Securities Inc, which manages about $186.05M and $160.06M US Long portfolio, decreased its stake in Texas Pac Ld Tr Sub Ctf Prop I (NYSE:TPL) by 1,060 shares to 23,998 shares, valued at $20.70 million in 2018Q3, according to the filing. It also reduced its holding in Cleveland Cliffs Inc by 44,750 shares in the quarter, leaving it with 37,550 shares, and cut its stake in Cisco Systems Inc (NASDAQ:CSCO).

More notable recent Cinemark Holdings, Inc. (NYSE:CNK) news were published by: Seekingalpha.com which released: “Attendance pops at Cinemark – Seeking Alpha” on August 08, 2018, also Seekingalpha.com with their article: “Cinemark subscription membership tops 500K – Seeking Alpha” published on December 11, 2018, Businesswire.com published: “National CineMedia (NCM) Welcomes Pecan Pie Productions and Its Independent Theaters to America’s Movie Network – Business Wire” on April 25, 2018. More interesting news about Cinemark Holdings, Inc. (NYSE:CNK) were released by: Seekingalpha.com and their article: “Cinemark: Is The Risk/Reward Appealing Enough? – Seeking Alpha” published on January 26, 2018 as well as Benzinga.com‘s news article titled: “Imperial Buys A Ticket For AMC (NYSE:AMC), Cinemark (NYSE:CNK) – Benzinga” with publication date: July 11, 2018.

Investors sentiment increased to 1.17 in Q3 2018. Its up 0.03, from 1.14 in 2018Q2. It improved, as 18 investors sold CNK shares while 91 reduced holdings. 49 funds opened positions while 79 raised stakes. 111.61 million shares or 0.29% less from 111.94 million shares in 2018Q2 were reported. Amalgamated Retail Bank reported 0.02% in Cinemark Holdings, Inc. (NYSE:CNK). Rocky Mountain Advisers Ltd Limited Liability Company invested 0.01% in Cinemark Holdings, Inc. (NYSE:CNK). Victory Mgmt Incorporated reported 6.32 million shares or 0.52% of all its holdings. Moreover, Bb&T Corporation has 0% invested in Cinemark Holdings, Inc. (NYSE:CNK) for 5,589 shares. Mackenzie Corporation has invested 0.02% in Cinemark Holdings, Inc. (NYSE:CNK). Mackay Shields Ltd Liability accumulated 38,715 shares. Employees Retirement Of Ohio holds 0.01% or 38,132 shares in its portfolio. Moreover, Montecito Retail Bank & has 0.14% invested in Cinemark Holdings, Inc. (NYSE:CNK). Oregon Pub Employees Retirement Fund has invested 0.02% in Cinemark Holdings, Inc. (NYSE:CNK). Kayne Anderson Rudnick Mgmt Ltd Liability Co invested in 2.32 million shares or 0.55% of the stock. Hamlin Mgmt Limited Liability Co holds 3.46% in Cinemark Holdings, Inc. (NYSE:CNK) or 2.20 million shares. Prelude Mgmt Lc accumulated 212 shares or 0% of the stock. Financial Architects owns 496 shares or 0% of their US portfolio. Hsbc Hldgs Public Ltd Com owns 15,162 shares for 0% of their portfolio. 13,047 are owned by Teacher Retirement Sys Of Texas.

Investors sentiment increased to 1.66 in Q3 2018. Its up 0.66, from 1 in 2018Q2. It is positive, as 20 investors sold DRH shares while 47 reduced holdings. 30 funds opened positions while 81 raised stakes. 214.20 million shares or 1.99% more from 210.02 million shares in 2018Q2 were reported. State Street owns 8.44 million shares. Pinebridge Investments Lp invested 0.06% in DiamondRock Hospitality Company (NYSE:DRH). Schroder Invest Mgmt Grp holds 2.27 million shares or 0.05% of its portfolio. Mackay Shields Llc invested in 0.01% or 77,846 shares. Cibc Asset owns 25,776 shares for 0% of their portfolio. Services Automobile Association, a Texas-based fund reported 704,804 shares. Eaton Vance has 35,107 shares for 0% of their portfolio. 23,633 were reported by Teacher Retirement Of Texas. Dimensional Fund Advisors LP reported 0.01% of its portfolio in DiamondRock Hospitality Company (NYSE:DRH). Metropolitan Life Insur has 0.01% invested in DiamondRock Hospitality Company (NYSE:DRH). Wolverine Asset Management Limited Liability reported 0.01% in DiamondRock Hospitality Company (NYSE:DRH). Ubs Asset Management Americas Inc holds 0% of its portfolio in DiamondRock Hospitality Company (NYSE:DRH) for 970,135 shares. Ameritas Investment Prtn owns 16,505 shares. Teachers Retirement Of The State Of Kentucky has invested 0.01% in DiamondRock Hospitality Company (NYSE:DRH). Parkside Bancshares And Tru accumulated 161 shares.

Parametric Portfolio Associates Llc, which manages about $114.37B US Long portfolio, decreased its stake in Legal & Gen Group Plc Sponsored Adr (LGGNY) by 50,381 shares to 756,551 shares, valued at $13.14 million in 2018Q3, according to the filing. It also reduced its holding in Travelport Worldwide L Shs (NYSE:TVPT) by 35,245 shares in the quarter, leaving it with 250,245 shares, and cut its stake in Entercom Communications Corp (NYSE:ETM).

DiamondRock Hospitality Company (NYSE:DRH) Institutional Positions Chart