Shares of Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) have earned an average rating of “Hold” from the twenty-two brokerages that are presently covering the firm. Three equities research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $74.64.

Separately, Zacks Investment Research cut Starwood Hotels & Resorts Worldwide from a “hold” rating to a “sell” rating in a report on Tuesday, September 20th.

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Shares of Starwood Hotels & Resorts Worldwide (NYSE:HOT) remained flat at $77.05 during mid-day trading on Wednesday. The company has a 50 day moving average price of $77.05 and a 200 day moving average price of $76.29. Starwood Hotels & Resorts Worldwide has a 52-week low of $56.87 and a 52-week high of $84.37.

A number of large investors have recently bought and sold shares of HOT. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp increased its stake in Starwood Hotels & Resorts Worldwide by 16.9% in the second quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 431,431 shares of the company’s stock worth $31,904,000 after buying an additional 62,500 shares during the period. Kellner Capital LLC boosted its position in shares of Starwood Hotels & Resorts Worldwide by 56.8% in the second quarter. Kellner Capital LLC now owns 165,400 shares of the company’s stock worth $12,231,000 after buying an additional 59,900 shares in the last quarter. ING Groep NV boosted its position in shares of Starwood Hotels & Resorts Worldwide by 27.8% in the second quarter. ING Groep NV now owns 453,390 shares of the company’s stock worth $33,537,000 after buying an additional 98,559 shares in the last quarter. Longfellow Investment Management Co. LLC boosted its position in shares of Starwood Hotels & Resorts Worldwide by 19.3% in the second quarter. Longfellow Investment Management Co. LLC now owns 179,447 shares of the company’s stock worth $13,270,000 after buying an additional 29,047 shares in the last quarter. Finally, Evercore Wealth Management LLC boosted its position in shares of Starwood Hotels & Resorts Worldwide by 0.4% in the second quarter. Evercore Wealth Management LLC now owns 4,725 shares of the company’s stock worth $349,000 after buying an additional 20 shares in the last quarter. 83.46% of the stock is owned by hedge funds and other institutional investors.

Starwood Hotels & Resorts Worldwide Company Profile

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

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