Host Hotels & Resorts (HST) is the focal point of several noteworthy reports and market movements. UBS Group reduced its price target for HST to $18.00. Financial firm Vert Asset Management LLC enhanced its stake in the company by purchasing 26,678 shares, while other institutional investors, New England Research & Management Inc. and Nisa Investment Advisors LLC also acquired considerable shares. Rep. Steve Cohen, on the other hand, sold his shares. The company has made acquisitions including Four Seasons Resort and Residences Jackson Hole, Hotel Van Zandt and 1 Hotel Central Park, while disposing off Sheraton Boston and Sheraton New York Times Square Hotel. Their Q3 2024 earnings disclosed revenue beating estimates despite a slight miss on EPS. Host Hotels & Resorts also anticipates Q4 2024 results release on 19th February. The company recognizes sustainable practices - being named to the Dow Jones Sustainability World Index for a sixth year and launching 2030 ESG goals. In unrelated news, HST is contemplating selling more than 10 properties worth over $1 billion and continues to review strategic initiatives including stock repurchases.
Host Hotels Resorts HST News Analytics from Thu, 14 Jan 2010 02:46:56 GMT to Sat, 01 Feb 2025 14:50:08 GMT -
Rating -1
- Innovation 3
- Information 8
- Rumor -2
