Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) shares saw strong trading volume on Tuesday . 1,415,746 shares changed hands during mid-day trading, an increase of 9% from the previous session’s volume of 1,303,393 shares.The stock last traded at $77.79 and had previously closed at $76.90.

A number of equities analysts have commented on the stock. Canaccord Genuity boosted their price target on shares of Starwood Hotels & Resorts Worldwide from $76.00 to $88.00 and gave the company a “buy” rating in a research report on Sunday, March 20th. Nomura Holdings Inc. restated a “hold” rating on shares of Starwood Hotels & Resorts Worldwide in a research report on Saturday, March 19th. Wells Fargo & Co. restated a “hold” rating on shares of Starwood Hotels & Resorts Worldwide in a research report on Tuesday, May 3rd. Macquarie lowered shares of Starwood Hotels & Resorts Worldwide from an “outperform” rating to a “neutral” rating in a research report on Tuesday, May 3rd. Finally, Zacks Investment Research upgraded shares of Starwood Hotels & Resorts Worldwide from a “sell” rating to a “hold” rating in a research report on Thursday, May 5th. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $78.83.

The firm has a market capitalization of $13.13 billion and a price-to-earnings ratio of 27.33. The company has a 50-day moving average of $74.30 and a 200 day moving average of $72.76.

Starwood Hotels & Resorts Worldwide (NYSE:HOT) last posted its earnings results on Tuesday, May 3rd. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.58 by $0.12. During the same quarter in the prior year, the business earned $0.65 earnings per share. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.34 billion. The firm’s quarterly revenue was down .8% on a year-over-year basis. On average, equities analysts forecast that Starwood Hotels & Resorts Worldwide Inc. will post $3.03 EPS for the current fiscal year.

A number of hedge funds and institutional investors have recently added to or reduced their stakes in the company. Advantus Capital Management Inc raised its position in Starwood Hotels & Resorts Worldwide by 2.4% in the fourth quarter. Advantus Capital Management Inc now owns 16,186 shares of the company’s stock valued at $1,121,000 after buying an additional 372 shares during the last quarter. BHF Kleinwort Benson Group S.A. raised its position in Starwood Hotels & Resorts Worldwide by 147.0% in the fourth quarter. BHF Kleinwort Benson Group S.A. now owns 16,550 shares of the company’s stock valued at $1,147,000 after buying an additional 9,850 shares during the last quarter. Korea Investment CORP raised its position in Starwood Hotels & Resorts Worldwide by 0.6% in the fourth quarter. Korea Investment CORP now owns 17,100 shares of the company’s stock valued at $1,184,000 after buying an additional 100 shares during the last quarter. GAM Holding AG raised its position in Starwood Hotels & Resorts Worldwide by 16.1% in the fourth quarter. GAM Holding AG now owns 21,797 shares of the company’s stock valued at $1,510,000 after buying an additional 3,027 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its position in Starwood Hotels & Resorts Worldwide by 5.9% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 22,598 shares of the company’s stock valued at $1,566,000 after buying an additional 1,269 shares during the last quarter.

Starwood Hotels & Resorts Worldwide, Inc is a hotel and leisure company. The Company’s hotel business is focused on the global operation of hotels and resorts primarily in the luxury and upper upscale segments of the lodging industry. The Company manages and operates its hotel business in three hotel segments: the Americas; Europe, Africa and the Middle East (EAME), and Asia Pacific.

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