LSV Asset Management and
National Bank of Canada FI have increased their stakes in
Host Hotels & Resorts. The hotel company recently entered an agreement to acquire
Turtle Bay Resort in Hawaii and
1 Hotel Central Park from
Starwood for $233.8 million. It surpassed its revenue forecasts in the first quarter of 2024 despite facing challenges.
JPMorgan downgraded Host Hotels stock citing execution risks in new portfolio while
Wolverine Asset Management and
Wealth Enhancement Advisory Services acquired significant shares. Host Hotels has also successfully offered a $600 million green bond. The company has acquired properties in Nashville and Hawaii and launched its 2030 ESG goals. Reportedly, despite recent surges, Host Hotels remains a risky bet, with its stock performance seen as underperforming in comparison to competitors. In recent brokering news,
PGGM Investments and
The State of Michigan Retirement System increased their holdings, while
Retirement Systems of Alabama and
New York State Teachers Retirement System reduced theirs.
Host Hotels Resorts HST News Analytics from Thu, 14 Jan 2010 02:46:56 GMT to Sun, 08 Sep 2024 16:01:53 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor -3
