Investors Sell Host Hotels and Resorts (HST) on Strength (HST)

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Traders sold shares of Host Hotels and Resorts Inc (NYSE:HST) on strength during trading hours on Friday. $15.92 million flowed into the stock on the tick-up and $55.74 million flowed out of the stock on the tick-down, for a money net flow of $39.82 million out of the stock. Of all companies tracked, Host Hotels and Resorts had the 26th highest net out-flow for the day. Host Hotels and Resorts traded up $0.14 for the day and closed at $21.41

HST has been the topic of a number of analyst reports. Zacks Investment Research cut Host Hotels and Resorts from a “buy” rating to a “hold” rating in a research report on Wednesday, May 16th. Evercore ISI upgraded Host Hotels and Resorts from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $22.00 to $23.00 in a report on Thursday, May 17th. Jefferies Financial Group started coverage on Host Hotels and Resorts in a report on Thursday, May 31st. They issued a “hold” rating and a $22.00 price objective on the stock. Barclays lifted their price objective on Host Hotels and Resorts from $21.00 to $23.00 and gave the stock an “equal weight” rating in a report on Friday, June 1st. Finally, Goldman Sachs Group cut Host Hotels and Resorts from a “neutral” rating to a “sell” rating and set a $20.00 price objective on the stock. in a report on Sunday, June 10th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $21.87.

The company has a debt-to-equity ratio of 0.59, a current ratio of 3.33 and a quick ratio of 3.33. The firm has a market capitalization of $15.75 billion, a PE ratio of 12.66, a PEG ratio of 2.43 and a beta of 1.24.

Host Hotels and Resorts (NYSE:HST) last posted its quarterly earnings data on Tuesday, August 7th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by ($0.23). Host Hotels and Resorts had a return on equity of 9.27% and a net margin of 12.05%. The firm had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.49 billion. research analysts expect that Host Hotels and Resorts Inc will post 1.75 EPS for the current year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. BDO Wealth Advisors LLC lifted its stake in Host Hotels and Resorts by 20.6% in the 2nd quarter. BDO Wealth Advisors LLC now owns 41,292 shares of the real estate investment trust’s stock worth $870,000 after purchasing an additional 7,059 shares in the last quarter. WINTON GROUP Ltd lifted its stake in Host Hotels and Resorts by 2,079.6% in the 2nd quarter. WINTON GROUP Ltd now owns 538,010 shares of the real estate investment trust’s stock worth $11,336,000 after purchasing an additional 513,326 shares in the last quarter. Andra AP fonden purchased a new position in Host Hotels and Resorts in the 2nd quarter worth approximately $6,481,000. Global X Management Co LLC lifted its stake in Host Hotels and Resorts by 49.1% in the 2nd quarter. Global X Management Co LLC now owns 24,651 shares of the real estate investment trust’s stock worth $519,000 after purchasing an additional 8,117 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in Host Hotels and Resorts by 663.8% in the 2nd quarter. Jane Street Group LLC now owns 84,990 shares of the real estate investment trust’s stock worth $1,791,000 after purchasing an additional 100,064 shares in the last quarter. 99.37% of the stock is currently owned by institutional investors and hedge funds.

Host Hotels and Resorts Company Profile (NYSE:HST)

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 89 properties in the United States and six properties internationally totaling approximately 52,500 rooms.

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