Host Hotels & Resorts (HST) : Traders are bullish on Host Hotels & Resorts (HST) as it has outperformed the S&P 500 by a wide margin of 3.86% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.14%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.56% in the last 1 week, and is up 6.44% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Host Hotels & Resorts (NYSE:HST): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.50 and $17.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.84, notching a gain of 2.65% for the day. The total traded volume was 6,868,327 . The stock had closed at $17.38 on the previous day.
The stock has recorded a 20-day Moving Average of 3.14% and the 50-Day Moving Average is 9.22%. Host Hotels & Resorts, Inc. is up 10.54% in the last 3-month period. Year-to-Date the stock performance stands at 19.35%.
Host Hotels & Resorts (HST) : The most positive equity analysts on Host Hotels & Resorts (HST) expects the shares to touch $19, whereas, the least positive believes that the stock will trade at $13 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $16.67 with an expected fluctuation of $1.76 from the mean.
Host Hotels & Resorts, Inc. (Host Inc.) operates as a self-managed and self-administered real estate investment trust (REIT). Host Inc. owns properties and conducts operations 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) as of December 31, 2014. As of February 20, 2015, the Companys lodging portfolio consists of 114 luxury and upper-upscale hotels containing approximately 59,000 rooms, with the majority located in the United States, and with 17 of the properties located outside of the United States, in Australia, Brazil, Canada, Chile, Mexico and New Zealand. In addition, the Company owns non-controlling interests in two international joint ventures.