Invesco High Income Trust II (VLT) At $14.71 Forms Top; Extended Stay America Has 1.4 Sentiment

Extended Stay America, Inc. owns and operates hotels in the United States and Canada. The company has market cap of $3.72 billion. As of December 31, 2016, the firm had 629 hotels with approximately 69,400 consisting of 626 hotels with approximately 68,900 rooms under the Extended Stay America brand; and 3 hotels with 500 rooms under the Extended Stay Canada brand. It has a 23.2 P/E ratio. It serves clients in the mid-priced extended stay segment.

Invesco High Income Trust II (VLT) formed multiple top with $15.45 target or 5.00% above today’s $14.71 share price. Invesco High Income Trust II (VLT) has $119.42 million valuation. It closed at $14.71 lastly. It is up 6.49% since January 6, 2017 and is uptrending. It has underperformed by 10.21% the S&P500.

Investors sentiment decreased to 0.88 in Q3 2017. Its down 0.12, from 1 in 2017Q2. It is negative, as 2 investors sold Invesco High Income Trust II shares while 6 reduced holdings. 3 funds opened positions while 4 raised stakes. 1.75 million shares or 5.00% more from 1.67 million shares in 2017Q2 were reported. M&R Mgmt reported 40 shares. Royal Bank Of Canada has invested 0% in Invesco High Income Trust II (NYSE:VLT). Rmb Cap Mngmt Lc has invested 0.03% of its portfolio in Invesco High Income Trust II (NYSE:VLT). New York-based Morgan Stanley has invested 0% in Invesco High Income Trust II (NYSE:VLT). Sii Invests Wi stated it has 0.02% in Invesco High Income Trust II (NYSE:VLT). Manufacturers Life Commerce The holds 0% or 12,542 shares in its portfolio. Saba Mgmt Lp accumulated 1.24% or 807,399 shares. Shaker Fincl Svcs Limited Liability Corp invested 0.09% of its portfolio in Invesco High Income Trust II (NYSE:VLT). Ameriprise Inc reported 10,543 shares. Sit Invest Associates has 0.04% invested in Invesco High Income Trust II (NYSE:VLT). 1,360 were accumulated by Comml Bank Of America Corporation De. Guggenheim Cap Limited Co reported 59,590 shares. Rivernorth Capital Limited Co holds 378,024 shares or 0.47% of its portfolio. Highlander Cap Mngmt Lc reported 0.01% of its portfolio in Invesco High Income Trust II (NYSE:VLT). Advsr Asset Mngmt stated it has 99,994 shares.

Ratings analysis reveals 67% of Extended Stay America’s analysts are positive. Out of 3 Wall Street analysts rating Extended Stay America, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $18.0 while the high is $19.0. The stock’s average target of $18.50 is -4.39% below today’s ($19.35) share price. STAY was included in 3 notes of analysts from September 26, 2016. The stock has “Neutral” rating by Goldman Sachs on Monday, September 26. The firm earned “Buy” rating on Wednesday, January 25 by Stifel Nicolaus. The stock of Extended Stay America, Inc. (NYSE:STAY) has “Buy” rating given on Monday, December 5 by M Partners.

Simcoe Capital Management Llc holds 10.98% of its portfolio in Extended Stay America, Inc. for 1.39 million shares. Hamlin Capital Management Llc owns 5.24 million shares or 4.25% of their US portfolio. Moreover, Hawk Ridge Capital Management Lp has 4.19% invested in the company for 556,983 shares. The New York-based Waterfront Capital Partners Llc has invested 3.91% in the stock. Messner & Smith Theme Value Investment Management Ltd Ca, a California-based fund reported 99,395 shares.

The stock increased 0.99% or $0.19 during the last trading session, reaching $19.35. About 1.44M shares traded. Extended Stay America, Inc. (STAY) has risen 30.00% since January 6, 2017 and is uptrending. It has outperformed by 13.30% the S&P500.