JPMorgan Chase & Co. Acquires 88,335 Shares of DiamondRock Hospitality Company $DRH

JPMorgan Chase & Co. grew its holdings in shares of DiamondRock Hospitality Company (NYSE:DRH) by 1.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,500,337 shares of the real estate investment trust’s stock after purchasing an additional 88,335 shares during the period. JPMorgan Chase & Co.’s holdings in DiamondRock Hospitality were worth $43,783,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in DRH. State of Wyoming bought a new stake in shares of DiamondRock Hospitality in the second quarter valued at approximately $58,000. Smartleaf Asset Management LLC raised its holdings in DiamondRock Hospitality by 33.8% in the 2nd quarter. Smartleaf Asset Management LLC now owns 9,294 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 2,349 shares in the last quarter. Profund Advisors LLC bought a new stake in shares of DiamondRock Hospitality during the 2nd quarter valued at $79,000. United Services Automobile Association acquired a new stake in shares of DiamondRock Hospitality during the 1st quarter worth $91,000. Finally, Ethic Inc. bought a new position in shares of DiamondRock Hospitality in the second quarter worth $96,000.

DiamondRock Hospitality Price Performance

DRH stock opened at $10.33 on Friday. The company has a 50 day simple moving average of $9.45 and a 200 day simple moving average of $8.74. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 41.32, a P/E/G ratio of 4.50 and a beta of 1.03. DiamondRock Hospitality Company has a 1 year low of $6.18 and a 1 year high of $10.34. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.64 and a quick ratio of 1.64.

DiamondRock Hospitality Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Tuesday, March 31st. This is a positive change from DiamondRock Hospitality’s previous quarterly dividend of $0.08. DiamondRock Hospitality’s dividend payout ratio is currently 128.00%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on DRH shares. Barclays assumed coverage on shares of DiamondRock Hospitality in a research report on Tuesday, January 6th. They set an “equal weight” rating and a $10.00 price objective for the company. Truist Financial raised shares of DiamondRock Hospitality from a “hold” rating to a “buy” rating and upped their price target for the stock from $10.00 to $11.00 in a report on Friday, January 9th. Evercore increased their price target on shares of DiamondRock Hospitality from $9.00 to $10.00 and gave the stock an “in-line” rating in a research report on Thursday, November 20th. Wells Fargo & Company boosted their price objective on shares of DiamondRock Hospitality from $9.00 to $10.00 and gave the company an “equal weight” rating in a research report on Monday, December 1st. Finally, Deutsche Bank Aktiengesellschaft raised DiamondRock Hospitality from a “hold” rating to a “buy” rating and raised their target price for the company from $10.00 to $12.00 in a report on Tuesday, January 13th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, DiamondRock Hospitality has a consensus rating of “Hold” and an average target price of $9.91.

Key Stories Impacting DiamondRock Hospitality

Here are the key news stories impacting DiamondRock Hospitality this week:

• Positive Sentiment: Q4 FFO/EPS beat consensus — DiamondRock reported $0.27 per share for the quarter versus ~$0.24 expected, showing improvement from $0.24 a year ago; that beat helped lift sentiment and provided short‑term support. Press Release
• Positive Sentiment: FY‑2026 EPS guidance raised/set above street consensus — management provided guidance of $1.090–$1.160 for FY‑2026, which compares favorably with the average sell‑side forecast (~$0.96), suggesting management expects recovery/strength ahead. Press Release
• Neutral Sentiment: Board leadership change announced — long‑time Chairman William W. McCarten is retiring after a 47‑year hospitality career; governance continuity and succession execution will be watched but the item is not an immediate operational driver. DIAMONDROCK HOSPITALITY ANNOUNCES RETIREMENT OF CHAIRMAN WILLIAM W. MCCARTEN
• Neutral Sentiment: Analyst write‑ups and metric reviews published — post‑release coverage (Zacks previews and post‑earnings comparisons) provides deeper metric context for FFO, RevPAR/occupancy trends and analyst revisions; useful for re‑rating but not immediate catalysts. Compared to Estimates, DiamondRock Hospitality (DRH) Q4 Earnings
• Negative Sentiment: Revenue softness and thin margins — quarterly revenue fell ~1.6% YoY and net margin/ROE remain modest, highlighting that top‑line recovery is uneven and profitability is limited; this constrains multiple expansion despite the beat. DiamondRock Hospitality: Q4 Earnings Snapshot

DiamondRock Hospitality Profile

DiamondRock Hospitality Company is a real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of upscale, full-service hotels in urban gateway markets across the United States. Established in 2004 and headquartered in Bethesda, Maryland, the company focuses on investing in high-quality lodging properties that cater to both business and leisure travelers. Its assets are positioned in key metropolitan areas, enabling DiamondRock to benefit from strong demand drivers such as corporate travel, group conventions and resort leisure stays.

The company’s portfolio includes full-service hotels offering a broad range of amenities, including guest rooms, on-site food and beverage outlets, meeting and event space, fitness centers and spa services.