Park Hotels & Resorts Inc.
In the published model solve dated 2026-Q2, anchored at $14.93, Park Hotels & Resorts Inc. (PK) is priced for +8.8% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
- At about $15 the price sits essentially at book value, near $15.71 per share, and the only valuation family that reaches the price is the asset-based one. The relative and growth frames say the price is rich on trailing operating income, which is depressed, so this is an asset-supported name being read through a weak earnings window. - The defining fact is leverage. Net debt is roughly $3.7B against only $156M of cash, and the company has about $1.4B of mortgage loans maturing in the fourth qu
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363 institutional managers reported holding PK in 13F filings for the quarter ended 2026-03-31. 60 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 36.8M shares were sold short as of the 2026-06-15 count, about 18% of shares outstanding (6.2 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
PK has cut its share count 15.7% over the past five years, spending $568.00M on repurchases. It pays a dividend, and has for 4 years running; the current rate is $1.00 a share annually. Cash returned over the past three years: $906.00M in dividends and $236.00M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at PK over the trailing three years: 2024: 1 buy totaling $474k; 2025: 1 buy totaling $235k; 2026: 1 buy totaling $33k. 16 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
PK's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-04 | -5.3% | -7.0% |
| 2023-11-03 | +11.7% | +16.4% |
| 2024-02-29 | +6.0% | -3.8% |
| 2024-05-02 | -4.1% | -8.7% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
PK's latest 8-K filings: 2026-08-06 (items 2.02, 9.01); 2026-04-30 (items 2.02, 9.01); 2026-04-27 (items 5.07); 2026-02-19 (items 2.02, 5.02, 9.01); 2025-12-09 (items 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.