Host Hotels & Resorts, Inc. (HST) witnessed a selling pressure and the shares last traded with a loss of -0.2 points or -1.11% at $17.87. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $6.42 million with an inflow of $20.01 million in upticks and an outflow of $13.59 million in downticks. Using the data, the up/down ratio is found to be 1.47. The share price has recorded -3.87% on a weekly basis.A block trade of $9.69 million in uptick and $0.81 million in downtick was also observed, resulting in an up/down ratio of 11.98. The net money flow of the block trade stood at a $8.89, signaling heavy buying.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Host Hotels & Resorts, Inc. has lost 3.3% in the last five trading days and dropped 5.15% in the last 4 weeks. Host Hotels & Resorts, Inc. is up 16.98% in the last 3-month period. Year-to-Date the stock performance stands at -5.15%. Host Hotels & Resorts, Inc. (NYSE:HST) witnessed a decline in the market cap on Wednesday as its shares dropped 1.11% or 0.2 points. After the session commenced at $18.15, the stock reached the higher end at $18.38 while it hit a low of $17.84. With the volume soaring to 7,372,695 shares, the last trade was called at $17.87. The company has a 52-week high of $19.51. The company has a market cap of $13,221 million and there are 739,865,180 shares in outstanding. The 52-week low of the share price is $12.98.
Company has reported several Insider transactions to the SEC, on Dec 28, 2016, Richard E Marriott (Chairman of the Board) sold 50,000 shares at 18.44 per share price.On Dec 22, 2016, Brian G Macnamara (SVP, Controller) sold 8,427 shares at 19.38 per share price.On Dec 19, 2016, W Edward Walter (President & CEO) sold 134,854 shares at 19.02 per share price.
Host Hotels and Resorts Inc Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.36. The company had revenue of $1295.00 million for the quarter, compared to analysts expectations of $1291.85 million. The companys revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.34 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Host Hotels and Resorts Inc was Downgraded by Goldman to Sell on Jan 19, 2017. Company shares were Reiterated by UBS on Jan 11, 2017 to Neutral, Raises Price Target to $ 19 from a previous price target of $16 .Host Hotels and Resorts Inc was Downgraded by Argus to Hold on Dec 15, 2016.
Host Hotels & Resorts, Inc. is a lodging real estate company that currently owns or holds controlling interests in upper upscale and luxury hotel properties primarily operated under premium brands. Host Hotels & Resorts will be the premier lodging real estate company. Creating value through aggressive asset management and disciplined capital allocation to generate superior performance would maximize shareholders returns through a combination of dividends, growth in funds from operations and increasing asset value.