Shares of Host Hotels & Resorts (NYSE:HST) Sees Large Outflow of Money

Host Hotels & Resorts (NYSE:HST) : Money flow in the Host Hotels & Resorts (NYSE:HST) stock was negative (4.64 million) on Wednesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $12.11 million, compared to $16.75 million on downticks. The total uptick to downtick ratio was 0.72, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($3.9 million), indicating selling on the strength. The transaction value during uptick in block trades was $4 million. Downtick transaction value in block trades amounted to $7.9 million, indicating persistent selling. The uptick to downtick ratio was 0.51. Host Hotels & Resorts (NYSE:HST) traded $0.72 higher at $15.87 gaining 4.75% over the previous days close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Macnamara Brian G, officer (SVP, Controller) of Host Hotels & Resorts, Inc., had unloaded 5,000 shares at an average price of $16.86 in a transaction dated on March 14, 2016. The total value of the transaction was worth $84,300. 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%.

The company shares have dropped -25.74% 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 $15.65 and the 200 Day Moving Average price is recorded at $15.41. Host Hotels & Resorts (NYSE:HST): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.33 and $15.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.12. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.05, notching a gain of 5.94% for the day. The total traded volume was 15,163,484 . The stock had closed at $15.15 on the previous day.

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.

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