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Host Hotels & Resorts Inc (HST) Stock Could Soon Reward Patient Investors

MQ Stock

Host Hotels & Resorts Inc (NASDAQ: HST) is 4.37% higher on its value in year-to-date trading and has touched a low of $14.74 and a high of $21.31 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HST stock was last observed hovering at around $20.71 in the last trading session, with the day’s loss setting it -0.39%.

Currently trading at $20.32, the stock is -2.13% and 0.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.59 million and changing -1.88% at the moment leaves the stock 14.49% off its SMA200. HST registered 30.30% gain for a year compared to 6-month gain of 28.03%. The firm has a 50-day simple moving average (SMA 50) of $3.38 and a 200-day simple moving average (SMA200) of $10.72.

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The stock witnessed a -3.01% loss in the last 1 month and extending the period to 3 months gives it a 4.37%, and is -1.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.84% over the week and 1.81% over the month.

Host Hotels & Resorts Inc (HST) has around 163 employees, a market worth around $14.30B and $5.31B in sales. Current P/E ratio is 19.57 and Fwd P/E is 20.10. Profit margin for the company is 13.93%. Distance from 52-week low is 37.90% and -4.65% from its 52-week high. The company has generated returns on investments over the last 12 months (6.73%).

Host Hotels & Resorts Inc quarterly earnings per share for the current quarter are estimated at $0.3 with sales reaching $1.44B over the same period.The EPS is expected to shrink by -5.45% this year, but quarterly earnings will post 5.80% year-over-year. Quarterly sales are estimated to grow 9.50% in year-over-year returns.

Host Hotels & Resorts Inc (HST) Top Institutional Holders

917 institutions hold shares in Host Hotels & Resorts Inc (HST), with institutional investors hold 105.53% of the company’s shares. The shares outstanding are 703.60M, and float is at 694.28M with Short Float at 5.41%. Institutions hold 104.16% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 118.78 million shares valued at $2.0 billion. The investor’s holdings represent 16.84% of the HST Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 71.85 million shares valued at $1.21 billion to account for 10.19% of the shares outstanding. The other top investors are State Street Corporation which holds 48.08 million shares representing 6.82% and valued at over $809.11 million, while Wellington Management Group, LLP holds 6.18% of the shares totaling 43.56 million with a market value of $733.04 million.

Host Hotels & Resorts Inc (HST) Insider Activity

The most recent transaction is an insider sale by RISOLEO JAMES F,the company’sPresident and CEO. SEC filings show that RISOLEO JAMES F sold 28,136 shares of the company’s common stock on Mar 21 ’24 at a price of $21.04 per share for a total of $0.59 million. Following the sale, the insider now owns 2.23 million shares.

Host Hotels & Resorts Inc disclosed in a document filed with the SEC on Mar 20 ’24 that RISOLEO JAMES F (President and CEO) sold a total of 150,000 shares of the company’s common stock. The trade occurred on Mar 20 ’24 and was made at $20.78 per share for $3.12 million. Following the transaction, the insider now directly holds 2.23 million shares of the HST stock.

Still, SEC filings show that on Mar 08 ’24, OTTINGER JOSEPH (SVP & Corp. Controller) disposed off 7,461 shares at an average price of $20.76 for $0.15 million. The insider now directly holds 28,500 shares of Host Hotels & Resorts Inc (HST).

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