Shares of Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) have earned a consensus rating of “Hold” from the twenty-two brokerages that are currently covering the firm. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $74.64.

Separately, Zacks Investment Research raised shares of Starwood Hotels & Resorts Worldwide from a “sell” rating to a “hold” rating in a report on Thursday, September 1st.

Shares of Starwood Hotels & Resorts Worldwide (NYSE:HOT) remained flat at $77.05 during midday trading on Wednesday. The firm’s 50 day moving average price is $77.05 and its 200 day moving average price is $76.29. Starwood Hotels & Resorts Worldwide has a 12 month low of $56.87 and a 12 month high of $84.37.

TRADEMARK VIOLATION WARNING: This report was first reported by Daily Political and is owned by of Daily Political. If you are viewing this report on another website, it was illegally copied and republished in violation of international trademark & copyright laws. The correct version of this report can be read at http://www.dailypolitical.com/2016/11/30/starwood-hotels-resorts-worldwide-inc-hot-given-average-rating-of-hold-by-brokerages.html.

A number of hedge funds and other institutional investors have recently made changes to their positions in HOT. Omni Partners LLP raised its position in shares of Starwood Hotels & Resorts Worldwide by 65,062.9% in the second quarter. Omni Partners LLP now owns 35,839,572 shares of the company’s stock worth $485,000 after buying an additional 35,784,572 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Starwood Hotels & Resorts Worldwide by 5.4% in the second quarter. Vanguard Group Inc. now owns 12,662,790 shares of the company’s stock worth $936,414,000 after buying an additional 646,193 shares during the last quarter. Carlson Capital L P raised its position in shares of Starwood Hotels & Resorts Worldwide by 92.7% in the second quarter. Carlson Capital L P now owns 3,119,200 shares of the company’s stock worth $230,665,000 after buying an additional 1,500,530 shares during the last quarter. Westchester Capital Management LLC raised its position in shares of Starwood Hotels & Resorts Worldwide by 10.6% in the second quarter. Westchester Capital Management LLC now owns 2,837,894 shares of the company’s stock worth $209,862,000 after buying an additional 272,927 shares during the last quarter. Finally, BlackRock Fund Advisors raised its position in shares of Starwood Hotels & Resorts Worldwide by 4.6% in the second quarter. BlackRock Fund Advisors now owns 2,730,136 shares of the company’s stock worth $201,894,000 after buying an additional 118,892 shares during the last quarter. Institutional investors and hedge funds own 83.46% of the company’s stock.

About Starwood Hotels & Resorts Worldwide

Starwood Hotels & Resorts Worldwide, LLC, formerly 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.

5 Day Chart for NYSE:HOT

Receive News & Ratings for Starwood Hotels & Resorts Worldwide Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Hotels & Resorts Worldwide Inc and related companies with MarketBeat.com's FREE daily email newsletter.