Starwood Hotels & Resorts Worldwide (HOT) : The total money flow in Starwood Hotels & Resorts Worldwide (HOT) was negative ($2.68 million), showing the domination of sellers in the Monday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $11.93 million. Transactions on upticks were comparatively lower at $9.25 million. The uptick to downtick ratio was 0.78. The total block trades done on upticks were valued at $1.56 million. The total block trades on downticks were valued at $4.32 million. The uptick to the downtick ratio of block trades was 0.36. The money flow during block trades was negative ($2.76 million) when the stock traded with a gain of $73 cent. Starwood Hotels & Resorts Worldwide (HOT) was $78.58, an increase of 0.94% over the previous days close.
Shares of Starwood Hotels & Resorts Worldwide Inc. rose by 0.32% in the last five trading days and 2.04% for the last 4 weeks. Starwood Hotels & Resorts Worldwide Inc. is up 5.59% in the last 3-month period. Year-to-Date the stock performance stands at 14.55%.
Starwood Hotels & Resorts Worldwide (NYSE:HOT): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $77.94 and $77.94 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $78.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $78.54, notching a gain of 0.89% for the day. The total traded volume was 1,259,337 . The stock had closed at $77.85 on the previous day.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP & CIO) of Starwood Hotel & Resorts Worldwide, Inc, Poulter Martha had sold 2,481 shares worth of $175,183 in a transaction dated March 7, 2016. In this transaction, 2,481 shares were sold at $70.61 per share.
Starwood Hotels & Resorts Worldwide, Inc. is a hotel and leisure company. The Companys hotel business is focused on the global operation of hotels and resorts primarily in the luxury and upper upscale segments of the lodging industry. The Company owns Starwood Vacation Ownership, Inc., a provider of world-class vacation experiences through villa-style resorts and privileged access to Starwood brands. It manages and operates its hotel business in three hotel segments: the Americas, Europe, Africa and the Middle East (EAME), and Asia Pacific. Its vacation ownership and residential business is a separate segment. As of December 31, 2014, the Companys hotel business included 1,207 owned, managed or franchised hotels with approximately 346,600 rooms, comprising 36 hotels that it owns or leases or in which the Company has a majority equity interest, 583 hotels managed by the Company on behalf of third-party owners and 588 hotels for which it receives franchise fees.