Why Is Host Hotels (HST) Down 6.1% Since the Last Earnings Report?


Why Is Host Hotels (HST) Down 6.1% Since the Last Earnings Report?

The typical day in the last two weeks has seen about a 1.58% volatility.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in Host Hotels and Resorts during the fourth quarter worth $142,692,000.

08/25/2016 - BTIG Research began new coverage on Host Hotels & Resorts, Inc. giving the company a "neutral" rating. Creative Planning now owns 7,854 shares of the real estate investment trust's stock worth $147,000 after buying an additional 136 shares during the period. Whalerock Point Partners LLC bought a new stake in shares of Host Hotels and Resorts during the third quarter worth about $435,000. Insiders sold 81,760 shares of company stock worth $1,493,297 over the last three months. Finally, Creative Planning raised its stake in Host Hotels and Resorts by 1.8% in the first quarter. The stock, after opening at $1.75, hit $1.7 through the close by scoring 0%. Xenia Hotels & Resorts Inc has a 12 month low of $14.84 and a 12 month high of $19.87. Mkp Capital Management Llc who had been investing in Sprint Corp (Put) for a number of months, seems to be bullish on the $34.05 billion market cap company.

Host Hotels and Resorts (NYSE:HST) last released its quarterly earnings data on Friday, April 28th. The real estate investment trust reported $0.44 EPS for the quarter, topping the consensus estimate of $0.39 by $0.05. Host Hotels and Resorts had a net margin of 14.72% and a return on equity of 11.22%. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.31 billion. Likewise, the negative performance for the quarter was recorded as -2.18% and for the year was 17.13%, while the YTD performance remained at -4.51%. The stock sank -46.88% last month and is down -68.52 this year.

On Friday, Host Hotels and Resorts Inc (NYSE:HST) stock opened its trade at $18.04 and after floating in a range of $18.03 to $18.19, settled at $18.07. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and worldwide copyright laws.

"At this time, Host Hotels" stock has an average score of "C", on both growth and momentum front. Host Hotels and Resorts Inc (NYSE:HST) has risen 23.72% since June 1, 2016 and is uptrending. For the next 5 years, Host Hotels & Resorts, Inc.is expecting Growth of 28.4% per annum, whereas in the past 5 years the growth was 36.83% per annum.

Separately, Zacks Investment Research cut shares of Xenia Hotels & Resorts from a "hold" rating to a "sell" rating in a research report on Wednesday, March 8th.

Host Hotels & Resorts, Inc. closed its last trading session at $17.85 with the gain of 0.78%. The firm has "Hold" rating by Stifel Nicolaus given on Friday, May 26. (NYSE:EXPR), 5 have Buy rating, 2 Sell and 11 Hold. Another trade for 31,147 shares valued at $561,064 was sold by TYRRELL NATHAN S. The shares were sold at an average price of $18.24, for a total transaction of $741,966.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Joanne G. Hamilton sold 15,254 shares of Host Hotels and Resorts stock in a transaction that occurred on Wednesday, March 15th. Analysts, on average, seem bullish as they suggest KRC is worth $6.41 more, giving a target price of $79.63 a share. Following the transaction, the director now owns 23,584 shares of the company's stock, valued at $414,842.56. The disclosure for this sale can be found here.

Atwood Oceanics, Inc. (NYSE:ATW) closed at $10.04 a share in the latest session and the stock value rose nearly -23.53% since the beginning of this year.