Host Hotels & Resorts (HST) has caught the attention of investors with an 8.6% jump in stock value. Analysts have augmented the company with a consensus recommendation of 'Moderate Buy'. However, HST has broken below a pivotal 200-day moving average. Nevertheless, Host continues to outperform competitors despite a few underperforming days. Its stocks were heavily traded by various management groups such as BI Asset Management Fondsmaeglerselskab A S, Private Advisor Group LLC and Jump Financial LLC, undoubtedly fluctuating their holdings. Its Q1 2024 earnings report revealed a surpass in revenue forecasts despite significant challenges. Staying on the theme of projections, Zacks Research has increased their EPS estimates for the company's FY2024 and FY2025 performance. The past few months have been a rollercoaster ride of ups and downs for the company, one of the downs being Host Hotels & Resorts Inc's insider selling shares valued at $72,621.44. Other significant events include their acquisition of The Alida Hotel for $103 Million and a two-hotel complex in Nashville for $530m. Their Q1 AFFO managed to beat estimates, with revenues going up Y/Y. Despite a few challenges, there are several key reasons listed by experts suggesting why it's a good idea to add Host Hotels (HST) stock to your portfolio.
Host Hotels Resorts HST News Analytics from Mon, 09 Nov 2020 11:30:55 GMT to Sun, 26 May 2024 15:12:39 GMT -
Rating 6
- Innovation 1
- Information 8
- Rumor 1
