In today’s session Host Hotels and Resorts Inc (HST) registered an unusually high (1,599) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious HST increase. With 1,599 contracts traded and 107284 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: HST161118C00016000 closed last at: $0.7 or 40% up. About 5.70M shares traded hands. Host Hotels and Resorts Inc (NYSE:HST) has risen 7.95% since April 13, 2016 and is uptrending. It has outperformed by 4.02% the S&P500.
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 rating was downgraded by Barclays Capital on Wednesday, August 12 to “Overweight”. The firm earned “Buy” rating on Monday, September 7 by Evercore. The firm has “Hold” rating by Deutsche Bank given on Friday, July 31. The firm earned “Market Perform” rating on Wednesday, May 18 by Raymond James. The stock of Host Hotels and Resorts Inc (NYSE:HST) has “Neutral” rating given on Thursday, February 4 by UBS. Argus Research maintained Host Hotels and Resorts Inc (NYSE:HST) on Wednesday, August 24 with “Buy” rating. The company was downgraded on Friday, July 31 by Credit Suisse. The firm has “Neutral” rating by BTIG Research given on Thursday, August 25. The firm has “Buy” rating given on Tuesday, March 29 by Stifel Nicolaus. As per Thursday, August 11, the company rating was maintained by Citigroup.
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 improved, 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.
Honeywell Interest Incorporated has invested 0.08% of its portfolio in Host Hotels and Resorts Inc (NYSE:HST). Burt Wealth Advsrs last reported 3,387 shares in the company. The New York-based First Manhattan has invested 0% in Host Hotels and Resorts Inc (NYSE:HST). Cwm Llc accumulated 0% or 104 shares. Ameriprise holds 0.03% of its portfolio in Host Hotels and Resorts Inc (NYSE:HST) for 2.97M shares. California Pub Employees Retirement Systems has 0.05% invested in the company for 1.96M shares. Qs Investors Ltd has invested 0% of its portfolio in Host Hotels and Resorts Inc (NYSE:HST). Herndon Mngmt Limited Company last reported 69 shares in the company. Ls Advisors Lc has 0.03% invested in the company for 29,086 shares. The Maryland-based Profund Advsrs Llc has invested 0.04% in Host Hotels and Resorts Inc (NYSE:HST). Aberdeen Asset Management Plc Uk, a United Kingdom-based fund reported 197,645 shares. Wellington Grp Llp, a Massachusetts-based fund reported 3.63 million shares. Dimensional Fund Advsrs Limited Partnership, a Texas-based fund reported 10.22 million shares. Ubs Asset Mgmt Americas Incorporated last reported 0.07% of its portfolio in the stock. State Of Alaska Department Of Revenue accumulated 0.56% or 330,448 shares.
Insider Transactions: Since August 2, 2016, the stock had 0 insider buys, and 4 sales for $2.71 million net activity. Another trade for 6,000 shares valued at $105,089 was sold by MACNAMARA BRIAN G. LARSON GREGORY J sold 40,000 shares worth $728,812. Another trade for 100,000 shares valued at $1.78M was made by WALTER W EDWARD on Friday, August 5.
Host Hotels & Resorts, Inc. operates as a self-managed and self-administered real estate investment trust. The company has a market cap of $13.16 billion. The Firm operates through hotel ownership segment. It has a 15.76 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.
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