Host Hotels & Resorts (NYSE:HST) has climbed 6.75% in the past week and advanced 12.76% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 8.03% and the outperformance has advanced to 11.73% for the last 4 weeks period.
Host Hotels & Resorts (NYSE:HST): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.95 and $15.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.44, notching a gain of 2.49% for the day. The total traded volume was 21,600,181 . The stock had closed at $16.04 on the previous day.
The company shares have dropped -19.45% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $21.40 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $15.66 and the 200 Day Moving Average price is recorded at $15.44.
On the companys insider trading activities, The officer (SVP, Controller), of Host Hotels & Resorts, Inc., Macnamara Brian G had unloaded 5,000 shares at $16.86 per share in a transaction on March 14, 2016. The total value of transaction was $84,300. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Major Brokerage house, Raymond James upgrades its ratings on Host Hotels & Resorts (NYSE:HST). According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. Previously, the analysts had a Underperform rating on the shares. The rating by the firm was issued on May 18, 2016. Currently the company Insiders own 1.9% of Host Hotels & Resorts shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of -7.13%.
Host Hotels & Resorts, Inc. (Host Inc.) operates as a self-managed and self-administered real estate investment trust (REIT). Host Inc. owns properties and conducts operations 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) as of December 31, 2014. As of February 20, 2015, the Companys lodging portfolio consists of 114 luxury and upper-upscale hotels containing approximately 59,000 rooms, with the majority located in the United States, and with 17 of the properties located outside of the United States, in Australia, Brazil, Canada, Chile, Mexico and New Zealand. In addition, the Company owns non-controlling interests in two international joint ventures.