Host Hotels & Resorts (HST) recently showed mixed market performance, with instances of both outperforming and underperforming its competitors on various trading days. Several financial institutions have either raised or reduced their stakes in the company, including
Vanguard Personalized Indexing Management, Robeco Institutional Asset Management, and
Principal Securities.
Norges Bank and
International Assets Investment Management both acquired a significant number of shares. Meanwhile, it was reported that Director
Walter C. Rakowich has sold $72621.44 worth of HST stock.
HST has delivered strong full-year results for 2023 with notable RevPAR, and witnessed
Q1 2024 earnings surpassing revenue forecasts despite existing challenges, however they missed estimated revenues for Q2.
Numerous acquisitions have been reported including The Alida Hotel, 1 Hotel Nashville and Embassy Suites, Four Seasons Resort and Residences Jackson Hole, and Baker's Cay Resort Key Largo.
HSBC initiated coverage with a
Buy recommendation. There have also been managerial shifts, with both
Deanne Brand and
Padmanabh Yardi being appointed, and
Sourav Ghosh being promoted as CFO.
Host Hotels Resorts HST News Analytics from Mon, 08 Jun 2015 07:00:00 GMT to Thu, 23 May 2024 20:45:00 GMT -
Rating 2
- Innovation -5
- Information 6
- Rumor -4
