Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) saw unusually-strong trading volume on Monday . Approximately 3,066,691 shares changed hands during trading, an increase of 138% from the previous session’s volume of 1,286,525 shares.The stock last traded at $78.31 and had previously closed at $78.91.

A number of analysts have issued reports on HOT shares. Vetr raised Starwood Hotels & Resorts Worldwide from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a report on Wednesday, May 11th. TheStreet downgraded Starwood Hotels & Resorts Worldwide from a “buy” rating to a “hold” rating in a report on Tuesday, July 26th. Wells Fargo & Co. reissued a “hold” rating on shares of Starwood Hotels & Resorts Worldwide in a report on Tuesday, May 3rd. Jefferies Group reissued a “hold” rating on shares of Starwood Hotels & Resorts Worldwide in a report on Tuesday, April 26th. Finally, Zacks Investment Research downgraded Starwood Hotels & Resorts Worldwide from a “buy” rating to a “hold” rating in a report on Tuesday, July 5th. Three equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $78.83.

The company has a market cap of $13.27 billion and a PE ratio of 160.76. The stock’s 50 day moving average price is $76.15 and its 200-day moving average price is $74.38.

Starwood Hotels & Resorts Worldwide (NYSE:HOT) last announced its quarterly earnings results on Tuesday, July 26th. The company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.74 by $0.03. During the same quarter in the prior year, the firm earned $0.84 EPS. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.34 billion. The company’s revenue for the quarter was up .4% compared to the same quarter last year. On average, equities research analysts forecast that Starwood Hotels & Resorts Worldwide Inc. will post $2.97 earnings per share for the current year.

Several large investors have recently made changes to their positions in the stock. Advantus Capital Management Inc raised its stake in shares of 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. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its stake in shares of 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. Victory Capital Management Inc. raised its stake in shares of Starwood Hotels & Resorts Worldwide by 31.0% in the fourth quarter. Victory Capital Management Inc. now owns 26,453 shares of the company’s stock valued at $1,833,000 after buying an additional 6,259 shares during the last quarter. Utah Retirement Systems raised its stake in shares of Starwood Hotels & Resorts Worldwide by 0.3% in the fourth quarter. Utah Retirement Systems now owns 30,656 shares of the company’s stock valued at $2,124,000 after buying an additional 100 shares during the last quarter. Finally, Andra AP fonden raised its stake in shares of Starwood Hotels & Resorts Worldwide by 3.9% in the fourth quarter. Andra AP fonden now owns 39,900 shares of the company’s stock valued at $2,764,000 after buying an additional 1,500 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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