Large Inflow of Money Detected in Host Hotels & Resorts

Host Hotels & Resorts (HST) : The money flow analysis of Host Hotels & Resorts (HST) indicates a $16.05 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $18.74 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.17 and so was the total money flow at $2.69 million. A solid up-down ratio of 2.03 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $6.51 million worth of block trades on upticks. Only $3.21 million worth of the stock exchanged hands on downticks. The money flow was $3.3 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Host Hotels & Resorts (HST), pushing it down by -1.25% for the day. The stock slid $0.22 and traded at $17.04 during the day. Nonetheless, the stock is 0.32% over the previous weeks close.


Also, Equity Analysts at the JP Morgan downgrades the rating on Host Hotels & Resorts (NYSE:HST). The brokerage firm has issued a Underweight rating on the shares. The shares were previously rated Neutral. The Analysts at the ratings agency lowers the price target from $16 per share to $15 per share. The rating by the firm was issued on July 13, 2016.

Host Hotels & Resorts (NYSE:HST): The stock opened at $17.23 on Wednesday but the bulls could not build on the opening and the stock topped out at $17.29 for the day. The stock traded down to $16.99 during the day, due to lack of any buying support eventually closed down at $17.12 with a loss of -0.75% for the day. The stock had closed at $17.25 on the previous day. The total traded volume was 11,199,536 shares.

The stock has recorded a 20-day Moving Average of 4.44% and the 50-Day Moving Average is 8.42%. In a related news, Macnamara Brian G, officer (SVP, Controller) of Host Hotels & Resorts, Inc., unloaded 5,000 shares at an average price of $16.86 on March 14, 2016. The total amount of the transaction was worth $84,300, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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