Is Host Hotels and Resorts Inc a Sell? The Stock Had Bearish Options Activity Today

 Is Host Hotels and Resorts Inc a Sell? The Stock Had Bearish Options Activity Today

In today’s session Host Hotels and Resorts Inc (HST) recorded an unusually high (398) 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 398 contracts traded and 45734 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 8.48% since March 14, 2016 and is downtrending. It has underperformed by 14.09% 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 $273.74M for 10.47 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 41 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The company was initiated on Thursday, August 25 by BTIG Research. Deutsche Bank maintained it with “Hold” rating and $20 target price in Wednesday, August 12 report. The stock of Host Hotels and Resorts Inc (NYSE:HST) has “Buy” rating given on Tuesday, March 29 by Stifel Nicolaus. The company was upgraded on Thursday, January 7 by Robert W. Baird. The stock has “Neutral” rating given by Credit Suisse on Wednesday, March 23. Citigroup maintained Host Hotels and Resorts Inc (NYSE:HST) rating on Thursday, August 11. Citigroup has “Buy” rating and $20 price target. The company was maintained on Wednesday, March 16 by Argus Research. The firm has “Market Perform” rating by Cowen & Co given on Wednesday, September 16. JP Morgan downgraded the stock to “Underweight” rating in Wednesday, July 13 report. The company was maintained on Thursday, February 4 by UBS.

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 Q2 2016. Its up 0.17, from 1.04 in 2016Q1. The ratio increased, 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.
Bokf Na reported 16,586 shares or 0.01% of all its holdings. Blackrock owns 4.09 million shares or 0.1% of their US portfolio. Moreover, Amica Pension Fund Board Of Trustees has 0.14% invested in Host Hotels and Resorts Inc (NYSE:HST) for 64,543 shares. Amica Mutual Insurance reported 85,064 shares or 0.13% of all its holdings. Ig Inv Limited accumulated 397,870 shares or 0.03% of the stock. Moreover, Millennium Mngmt Limited Liability Company has 0.03% invested in Host Hotels and Resorts Inc (NYSE:HST) for 822,135 shares. Spot Trading Ltd Liability Company reported 73,904 shares or 0.02% of all its holdings. Kbc Grp Nv has invested 0.19% of its portfolio in Host Hotels and Resorts Inc (NYSE:HST). Virginia Retirement Systems Et Al reported 717,823 shares or 0.17% of all its holdings. Aew Capital Mngmt Lp owns 7.16 million shares or 2.34% of their US portfolio. Dai Ichi Life Insurance Limited reported 80,010 shares or 0.04% of all its holdings. Vanguard has invested 0.13% of its portfolio in Host Hotels and Resorts Inc (NYSE:HST). Delta Lloyd Nv has 0.3% invested in the company for 551,038 shares. Commonwealth National Bank Of last reported 70,008 shares in the company. Sei Invests accumulated 1.73M shares or 0.17% of the stock.

Insider Transactions: Since August 2, 2016, the stock had 0 insider buys, and 4 insider sales for $2.71 million net activity. On Tuesday, August 2 the insider MACNAMARA BRIAN G sold $105,089. On Tuesday, August 16 LARSON GREGORY J sold $728,812 worth of the stock or 40,000 shares. $1.78M worth of Host Hotels and Resorts Inc (NYSE:HST) was sold by WALTER W EDWARD.

Host Hotels & Resorts, Inc. operates as a self-managed and self-administered real estate investment trust. The company has a market cap of $11.46 billion. The Firm operates through hotel ownership segment. It has a 14.91 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 Forbes.com which published an article titled: “Host Hotels & Resorts Enters Oversold Territory” on October 11, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment