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Is It Too Late to Buy Park Hotels & Resorts (PK) Stock? Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, recently released its Q4 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 22.75% for the quarter, outperforming its benchmark, the S&P 500 Index which returned 12.15% in the same quarter. You should check out Longleaf Partners’ top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021. In the Q4 2020 Investor Letter, the fund highlighted a few stocks and Park Hotels & Resorts Inc. (NYSE:PK) is one of them. Park Hotels & Resorts Inc. (NYSE:PK) is a REIT company. In the last three months, Park Hotels & Resorts Inc. (NYSE:PK) stock gained 27% and on March 31st it had a closing price of $21.58. Here is what the fund said:

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