The stock of Host Hotels and Resorts Inc (NYSE:HST) is a huge mover today! Host Hotels and Resorts Inc (NYSE:HST) has declined 4.45% since March 9, 2016 and is downtrending. It has underperformed by 11.87% the S&P500.
The move comes after 5 months positive chart setup for the $11.46 billion company. It was reported on Oct, 12 by Barchart.com. We have $18.90 PT which if reached, will make NYSE:HST worth $2.52B more.
Analysts await Host Hotels and Resorts Inc (NYSE:HST) to report earnings on November, 3. They expect $0.37 earnings per share, up 8.82% or $0.03 from last year’s $0.34 per share. HST’s profit will be $273.74M for 10.47 P/E if the $0.37 EPS becomes a reality. After $0.49 actual earnings per share reported by Host Hotels and Resorts Inc for the previous quarter, Wall Street now forecasts -24.49% negative EPS growth.
Host Hotels and Resorts Inc (NYSE:HST) Ratings Coverage
Out of 19 analysts covering Host Hotels & Resorts (NYSE:HST), 6 rate it a “Buy”, 1 “Sell”, while 12 “Hold”. This means 32% are positive. Host Hotels & Resorts has been the topic of 41 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Citigroup maintained the stock with “Buy” rating in Wednesday, October 5 report. Credit Suisse downgraded the stock to “Neutral” rating in Friday, July 31 report. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, November 11 report. The rating was maintained by Credit Suisse with “Neutral” on Tuesday, February 16. UBS maintained Host Hotels and Resorts Inc (NYSE:HST) on Thursday, February 4 with “Neutral” rating. The firm earned “Outperform” rating on Thursday, January 7 by Robert W. Baird. BTIG Research initiated Host Hotels and Resorts Inc (NYSE:HST) on Thursday, August 25 with “Neutral” rating. Stifel Nicolaus reinitiated Host Hotels and Resorts Inc (NYSE:HST) on Tuesday, March 29 with “Buy” rating. The firm has “Market Perform” rating given on Wednesday, May 18 by Raymond James. The company was maintained on Friday, July 31 by Deutsche Bank.
According to Zacks Investment Research, “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.”
Insitutional Activity: The institutional sentiment increased to 1.21 in 2016 Q2. Its up 0.17, from 1.04 in 2016Q1. The ratio improved, as 35 funds sold all Host Hotels and Resorts Inc shares owned while 139 reduced positions. 52 funds bought stakes while 159 increased positions. They now own 807.81 million shares or 4.78% more from 770.96 million shares in 2016Q1.
Tokio Marine Asset reported 25,014 shares or 0.04% of all its holdings. Advantus Cap Management last reported 0.59% of its portfolio in the stock. American Assets Investment Ltd Limited Liability Company owns 45,000 shares or 0.18% of their US portfolio. New York State Teachers Retirement, a New York-based fund reported 1.37 million shares. California Employees Retirement System accumulated 0.05% or 1.96 million shares. Moreover, Commonwealth Of Pennsylvania Public School Empls Retrmt System has 0.02% invested in Host Hotels and Resorts Inc (NYSE:HST) for 59,836 shares. Oregon Employees Retirement Fund, a Oregon-based fund reported 127,203 shares. Federated Invsts Incorporated Pa, a Pennsylvania-based fund reported 20,028 shares. Blackrock has 0.1% invested in the company for 4.09M shares. Tcw Group accumulated 2.13M shares or 0.26% of the stock. Guggenheim Cap Limited Liability Corp reported 1.89M shares or 0.1% of all its holdings. Nationwide Fund Advisors last reported 1.78M shares in the company. Strs Ohio holds 0.27% of its portfolio in Host Hotels and Resorts Inc (NYSE:HST) for 3.72 million shares. Bnp Paribas Invest Sa, a France-based fund reported 1.54 million shares. Comml Bank Of New York Mellon has 20.11M shares for 0.1% of their US portfolio.
Insider Transactions: Since August 2, 2016, the stock had 0 insider purchases, and 4 insider sales for $2.71 million net activity. Another trade for 6,000 shares valued at $105,089 was made by MACNAMARA BRIAN G on Tuesday, August 2. WALTER W EDWARD sold $1.78M worth of stock. Another trade for 40,000 shares valued at $728,812 was made by LARSON GREGORY J on Tuesday, August 16.
More news for Host Hotels and Resorts Inc (NYSE:HST) were recently published by: Forbes.com, which released: “Host Hotels & Resorts Enters Oversold Territory” on October 11, 2016. Finance.Yahoo.com‘s article titled: “Host Hotels & Resorts, Inc. Announces Third Quarter Earnings Call to be Held …” and published on September 15, 2016 is yet another important article.
HST Company Profile
Host Hotels & Resorts, Inc. (Host Inc.), incorporated on September 28, 1998, operates as a self-managed and self-administered real estate investment trust (REIT). The Firm operates through hotel ownership segment. The Firm owns properties and conducts activities through Host Hotels & Resorts, L.P. (Host L.P.), of which Host Inc. is the sole general partner and in which it holds approximately 99% of the partnership interests (OP units). The Company’s portfolio consists of luxury and upper upscale properties located in the central business districts of cities, near airports and resort/conference destinations. In addition to its consolidated hotel portfolio, the Company also owns non-controlling interests in several entities and owned interest in approximately 20 hotel properties.
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