1.17 is Extended Stay America Inc’s (NYSE:STAY) Institutional Investor Sentiment

July 27, 2018 - By Margaret Guttierez

Extended Stay America, Inc. (NASDAQ:STAY) Logo

Sentiment for Extended Stay America Inc (NYSE:STAY)

Extended Stay America Inc (NYSE:STAY) institutional sentiment decreased to 1.17 in Q1 2018. Its down -0.38, from 1.55 in 2017Q4. The ratio turned negative, as 115 institutional investors increased and opened new equity positions, while 98 sold and decreased stakes in Extended Stay America Inc. The institutional investors in our partner’s database now own: 180.53 million shares, up from 176.99 million shares in 2017Q4. Also, the number of institutional investors holding Extended Stay America Inc in their top 10 equity positions increased from 5 to 7 for an increase of 2. Sold All: 15 Reduced: 83 Increased: 79 New Position: 36.

Extended Stay America, Inc. owns and operates hotels in the United States and Canada. The company has market cap of $4.11 billion. As of December 31, 2016, the firm had 629 hotels with approximately 69,400 consisting of 626 hotels with approximately 68,900 rooms under the Extended Stay America brand; and 3 hotels with 500 rooms under the Extended Stay Canada brand. It has a 24.34 P/E ratio. It serves clients in the mid-priced extended stay segment.

The stock decreased 0.96% or $0.21 during the last trading session, reaching $21.64. About 5.35 million shares traded or 241.97% up from the average. Extended Stay America, Inc. (NYSE:STAY) has risen 12.10% since July 27, 2017 and is uptrending. It has underperformed by 0.47% the S&P500.

Simcoe Capital Management Llc holds 7.94% of its portfolio in Extended Stay America, Inc. for 1.18 million shares. Southernsun Asset Management Llc owns 7.98 million shares or 4.44% of their US portfolio. Moreover, Hamlin Capital Management Llc has 3.93% invested in the company for 10.30 million shares. The New York-based Luxor Capital Group Lp has invested 3.63% in the stock. Messner & Smith Theme Value Investment Management Ltd Ca, a California-based fund reported 96,991 shares.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $192,306 activity.

Extended Stay America, Inc. (NASDAQ:STAY) Ratings Coverage

Ratings analysis reveals 83% of Extended Stay America’s analysts are positive. Out of 6 Wall Street analysts rating Extended Stay America, 5 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $2000 while the high is $22. The stock’s average target of $21.30 is -1.57% below today’s ($21.64) share price. STAY was included in 10 notes of analysts from February 1, 2018. Robert W. Baird maintained it with “Buy” rating and $2200 target in Thursday, April 19 report. The company was maintained on Monday, April 23 by Susquehanna. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, February 1. Morgan Stanley maintained the shares of STAY in report on Monday, April 30 with “Equal-Weight” rating. The stock of Extended Stay America, Inc. (NASDAQ:STAY) has “Equal-Weight” rating given on Monday, April 9 by Morgan Stanley. The stock of Extended Stay America, Inc. (NASDAQ:STAY) earned “Hold” rating by Susquehanna on Tuesday, February 13. The firm has “Overweight” rating by Barclays Capital given on Wednesday, February 28. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, February 27. On Thursday, May 31 the stock rating was upgraded by Morgan Stanley to “Overweight”. Jefferies initiated the stock with “Buy” rating in Thursday, May 31 report.

More important recent Extended Stay America, Inc. (NASDAQ:STAY) news were published by: Nasdaq.com which released: “Extended Stay America Announces Dates for Second Quarter Earnings Release and Conference Call” on July 11, 2018, also Nasdaq.com published article titled: “Extended Stay America Announces Second Quarter 2018 Results”, Globenewswire.com published: “Liberty Tax Service Announces Nasdaq Stay Request Granted; Approval of Quarterly Cash Dividend” on July 05, 2018. More interesting news about Extended Stay America, Inc. (NASDAQ:STAY) was released by: Investorplace.com and their article: “3 Hotel Stocks Set to Crush the Market in 2H18” with publication date: July 26, 2018.

Extended Stay America, Inc. (NASDAQ:STAY) Institutional Positions Chart

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