Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) shares saw an uptick in trading volume on Monday . 2,060,405 shares traded hands during mid-day trading, an increase of 55% from the previous session’s volume of 1,328,179 shares.The stock last traded at $77.66 and had previously closed at $77.52.

Several research firms recently commented on HOT. Robert W. Baird dropped their target price on Starwood Hotels & Resorts Worldwide from $85.00 to $82.00 and set a “neutral” rating for the company in a research note on Monday, March 28th. Susquehanna reissued a “hold” rating and set a $95.00 price target (up previously from $93.00) on shares of Starwood Hotels & Resorts Worldwide in a research report on Tuesday, March 29th. Vetr downgraded Starwood Hotels & Resorts Worldwide from a “hold” rating to a “sell” rating and set a $80.75 price target for the company. in a research report on Thursday, March 31st. Canaccord Genuity downgraded Starwood Hotels & Resorts Worldwide from a “buy” rating to a “hold” rating and boosted their price target for the company from $86.00 to $88.00 in a research report on Wednesday, May 4th. They noted that the move was a valuation call. Finally, Macquarie downgraded Starwood Hotels & Resorts Worldwide from an “outperform” rating to a “neutral” rating in a research report on Tuesday, May 3rd. Three investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $78.83.

The stock’s 50 day moving average is $75.00 and its 200 day moving average is $73.29. The stock has a market cap of $13.17 billion and a PE ratio of 27.41.

Starwood Hotels & Resorts Worldwide (NYSE:HOT) last issued its quarterly earnings data on Tuesday, May 3rd. The company reported $0.70 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.12. The company earned $1.40 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter last year, the company posted $0.65 earnings per share. The firm’s revenue for the quarter was down .8% compared to the same quarter last year. On average, equities analysts expect that Starwood Hotels & Resorts Worldwide Inc. will post $2.99 EPS for the current fiscal year.

Other hedge funds have added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Starwood Hotels & Resorts Worldwide by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 9,761,976 shares of the company’s stock worth $676,311,000 after buying an additional 187,187 shares in the last quarter. Jennison Associates LLC increased its stake in shares of Starwood Hotels & Resorts Worldwide by 22.1% in the fourth quarter. Jennison Associates LLC now owns 2,191,956 shares of the company’s stock valued at $151,859,000 after buying an additional 397,004 shares during the period. Wells Fargo & Company MN increased its stake in shares of Starwood Hotels & Resorts Worldwide by 331.1% in the fourth quarter. Wells Fargo & Company MN now owns 1,317,780 shares of the company’s stock valued at $91,296,000 after buying an additional 1,012,125 shares during the period. Westfield Capital Management Co. LP increased its stake in shares of Starwood Hotels & Resorts Worldwide by 8.1% in the fourth quarter. Westfield Capital Management Co. LP now owns 576,049 shares of the company’s stock valued at $39,909,000 after buying an additional 43,383 shares during the period. Finally, BNP Paribas Arbitrage SA increased its stake in shares of Starwood Hotels & Resorts Worldwide by 390.8% in the fourth quarter. BNP Paribas Arbitrage SA now owns 446,134 shares of the company’s stock valued at $30,908,000 after buying an additional 355,240 shares during the period.

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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