Large Inflow of Money Detected in Host Hotels & Resorts

Host Hotels & Resorts (HST) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $1.03 million worth of transactions were on upticks, whereas, the downticks accounted for $0.39 million worth of transactions. The net money flow was a positive $0.64 million and the uptick to downtick ratio was 2.67. The net money flow into the stock was $0.59 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.59 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Host Hotels & Resorts (HST) was trading at $17.8, down $0.21 during day. The stock slid -1.17% over the previous days close. For the week, the stock recorded -0.89% over the previous weeks close.


Also, BTIG Research initiates coverage on Host Hotels & Resorts (NYSE:HST) The brokerage firm has issued a Neutral rating on the shares. The rating by the firm was issued on August 25, 2016.

Host Hotels & Resorts, Inc. has dropped 1.2% in the last five trading days, however, the shares have posted positive gains of 1.12% in the last 4 weeks. Host Hotels & Resorts, Inc. is up 18.77% in the last 3-month period. Year-to-Date the stock performance stands at 21.02%.

Host Hotels & Resorts (NYSE:HST): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.07 and $17.79 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.09, notching a gain of 0.44% for the day. The total traded volume was 4,619,839 . The stock had closed at $18.01 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Larson Gregory J, officer (EVP & Chief Financial Officer) of Host Hotels & Resorts, Inc., had unloaded 40,000 shares at an average price of $18.22 in a transaction dated on August 16, 2016. The total value of the transaction was worth $728,800.

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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