Is Buying Stock Like Host Hotels and Resorts Inc Good Idea After Today’s Bearish Options Activity?

 Is Buying Stock Like Host Hotels and Resorts Inc Good Idea After Today's Bearish Options Activity?

In today’s session Host Hotels and Resorts Inc (HST) recorded an unusually high (2,263) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious HST decrease. With 2,263 contracts traded and 4164 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: HST161118P00015000 closed last at: $0.45 or 0% . Host Hotels and Resorts Inc (NYSE:HST) has declined 3.20% since March 2, 2016 and is downtrending. It has underperformed by 11.46% the S&P500.

Analysts await Host Hotels and Resorts Inc (NYSE:HST) to report earnings on November, 3. They expect $0.37 EPS, up 8.82% or $0.03 from last year’s $0.34 per share. HST’s profit will be $273.82M for 10.53 P/E if the $0.37 EPS becomes a reality. After $0.49 actual EPS reported by Host Hotels and Resorts Inc for the previous quarter, Wall Street now forecasts -24.49% negative EPS growth.

Host Hotels and Resorts Inc (NYSE:HST) Ratings Coverage

Out of 19 analysts covering Host Hotels & Resorts (NYSE:HST), 6 rate it a “Buy”, 1 “Sell”, while 12 “Hold”. This means 32% are positive. Host Hotels & Resorts has been the topic of 40 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Raymond James upgraded the shares of HST in a report on Wednesday, May 18 to “Market Perform” rating. Credit Suisse maintained Host Hotels and Resorts Inc (NYSE:HST) rating on Wednesday, March 23. Credit Suisse has “Neutral” rating and $16 price target. On Thursday, August 11 the stock rating was maintained by Citigroup with “Buy”. On Thursday, February 4 the stock rating was maintained by UBS with “Neutral”. The stock has “Outperform” rating given by Robert W. Baird on Thursday, January 7. Stifel Nicolaus reinitiated the stock with “Buy” rating in Tuesday, March 29 report. Barclays Capital maintained Host Hotels and Resorts Inc (NYSE:HST) rating on Monday, February 22. Barclays Capital has “Equal-Weight” rating and $17 price target. The firm earned “Outperform” rating on Wednesday, November 11 by RBC Capital Markets. Argus Research maintained it with “Buy” rating and $21 target price in Wednesday, September 30 report. JP Morgan downgraded Host Hotels and Resorts Inc (NYSE:HST) on Wednesday, July 13 to “Underweight” rating.

According to Zacks Investment Research, “Host Hotels & Resorts, Inc. is a lodging real estate company that currently owns or holds controlling interests in upper upscale and luxury hotel properties primarily operated under premium brands. Host Hotels & Resorts will be the premier lodging real estate company. Creating value through aggressive asset management and disciplined capital allocation to generate superior performance would maximize shareholders’ returns through a combination of dividends, growth in funds from operations and increasing asset value.”

Insitutional Activity: The institutional sentiment increased to 1.21 in 2016 Q2. Its up 0.17, from 1.04 in 2016Q1. The ratio is positive, as 35 funds sold all Host Hotels and Resorts Inc shares owned while 139 reduced positions. 52 funds bought stakes while 159 increased positions. They now own 807.81 million shares or 4.78% more from 770.96 million shares in 2016Q1.
Fmr Ltd Liability Corp last reported 0.11% of its portfolio in the stock. Bokf Na holds 0.01% of its portfolio in Host Hotels and Resorts Inc (NYSE:HST) for 16,586 shares. J Goldman & Lp reported 50,247 shares or 0.04% of all its holdings. Janus Cap Management Lc accumulated 97,379 shares or 0% of the stock. Goldman Sachs Grp Inc Incorporated holds 0.02% or 3.82M shares in its portfolio. Honeywell Int Inc holds 0.08% of its portfolio in Host Hotels and Resorts Inc (NYSE:HST) for 201,040 shares. Moreover, Vantage Investment Advsrs has 0% invested in Host Hotels and Resorts Inc (NYSE:HST) for 222 shares. Chemical Commercial Bank, a Michigan-based fund reported 14,300 shares. Moreover, Diam Limited has 0.51% invested in Host Hotels and Resorts Inc (NYSE:HST) for 2.10 million shares. Guggenheim Limited has 0.1% invested in the company for 1.89 million shares. Pensionfund Dsm Netherlands accumulated 150,998 shares or 0.33% of the stock. Oakbrook Lc reported 46,355 shares or 0.04% of all its holdings. Muzinich And has 0.03% invested in the company for 3,536 shares. Riggs Asset Managment, a Pennsylvania-based fund reported 1,057 shares. Daiwa Grp accumulated 26.86M shares or 2.6% of the stock.

Insider Transactions: Since August 2, 2016, the stock had 0 insider buys, and 4 sales for $2.71 million net activity. 100,000 shares were sold by WALTER W EDWARD, worth $1.78M on Friday, August 5. 5,000 shares were sold by MACNAMARA BRIAN G, worth $91,053 on Wednesday, August 10. LARSON GREGORY J sold $728,812 worth of stock.

Host Hotels & Resorts, Inc. operates as a self-managed and self-administered real estate investment trust. The company has a market cap of $11.53 billion. The Firm operates through hotel ownership segment. It has a 15 P/E ratio. The Firm owns properties and conducts activities through Host Hotels & Resorts, L.P., in which the Company holds approximately 99% of the partnership interests (OP units).

HST Company Profile

Host Hotels & Resorts, Inc. (Host Inc.), incorporated on September 28, 1998, operates as a self-managed and self-administered real estate investment trust (REIT). The Firm operates through hotel ownership segment. The Firm owns properties and conducts activities 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). The Company’s portfolio consists of luxury and upper upscale properties located in the central business districts of cities, near airports and resort/conference destinations. In addition to its consolidated hotel portfolio, the Company also owns non-controlling interests in several entities and owned interest in approximately 20 hotel properties.

Another recent and important Host Hotels and Resorts Inc (NYSE:HST) news was published by Globenewswire.com which published an article titled: “Host Hotels & Resorts, Inc. Announces Third Quarter Earnings Call to be Held …” on September 15, 2016.

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