Host Hotels & Resorts Inc. (HST) has made news with major
stock activities and
acquisitions. Various assets management companies such as Shell Asset Management Co., Lazard Asset Management LLC, American International Group Inc., and Orion Portfolio Solutions LLC have significantly increased their stake in HST. However, The Toronto Dominion Bank and Wealth Enhancement Advisory Services sold substantial shares. Notably, the news is abuzz regarding HST's agreement to acquire
Turtle Bay Resort in Hawaii and 1 Hotel Nashville. Despite various market challenges, HST's stock has seen surprising stability and even outperformed its competitors on certain occasions. Although JP Morgan downgraded HST twice because of execution risks in new portfolio and high prices, Host Hotels have still posted strong full-year results for 2023. It has recently announced the pricing of $600 million and detailed its ESG Goals for 2030. Swiss National Bank and Centersquare Investment Management LLC reduced their stock position whereas
Vanguard Group and Mitsubishi UFJ Asset Management Co. Ltd. stepped up their investment. It is undoubtedly an investor’s favorite with Host divesting of Sheraton Boston and bringing in new appointees, Deanne Brand, and Padmanabh Yardi.
Host Hotels Resorts HST News Analytics from Mon, 08 Jun 2015 07:00:00 GMT to Sun, 28 Jul 2024 19:44:12 GMT -
Rating 3
- Innovation 2
- Information 8
- Rumor -3
