Exec. VP, Investments TYRRELL NATHAN S sold 10,707 shares of Host Hotels & Resorts Inc. [HST]

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Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Host Hotels & Resorts Inc. shares valued at $224,847 were sold by TYRRELL NATHAN S on Jun 07. At $21.00 per share, TYRRELL NATHAN S sold 10,707 shares. The insider’s holdings dropped to 379,285 shares worth approximately $6.44 million following the completion of this transaction.


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Also, RAKOWICH WALTER C sold 3,290 shares, netting a total of over 64,517 in proceeds. Following the sale of shares at $19.61 each, the insider now holds 53,083 shares.

Before that, RISOLEO JAMES F had sold 7,110 shares from its account. In a trade valued at $121,936, the President and CEO traded Host Hotels & Resorts Inc. shares for $17.15 each. Upon closing the transaction, the insider’s holdings decreased to 7,110 shares, worth approximately $19.73 million.

As published in their initiating research note from Oppenheimer on September 15, 2022, Host Hotels & Resorts Inc. [HST] has been a Perform and the price target has been revised to $21. This represents a 19.1% premium over Thursday’s closing price. Analysts at Wells Fargo upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in late August. Earlier on March 30, 2022, Jefferies upgraded its rating. Their new recommendation was “a Buy” for HST stock which previously was a “a Hold”.

Analyzing HST Stock Performance

On Thursday, Host Hotels & Resorts Inc. [NASDAQ: HST] plunged -5.61% to $16.99. The stock’s lowest price that day was $16.68, but it reached a high of $18.16 in the same session. During the last five days, there has been a drop of approximately -8.21%. Over the course of the year, Host Hotels & Resorts Inc. shares have dropped approximately -2.30%. Shares of the company reached a 52-week high of $21.63 on 05/05/22 and a 52-week low of $15.10 on 07/05/22. A 50-day SMA is recorded $17.36, while a 200-day SMA reached $18.10. Nevertheless, trading volume fell to 9.95 million shares from 11.02 million shares the previous day.

Support And Resistance Levels for Host Hotels & Resorts Inc. (HST)

According to the 24-hour chart, there is a support level at 16.39, which, if violated, would cause prices to drop to 15.80. In the upper region, resistance lies at 17.87. The next price resistance is at 18.76. RSI (Relative Strength Index) is 43.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.01, which suggests the price will decrease in the coming days. Percent R is at 87.47%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

Is Host Hotels & Resorts Inc. subject to short interest?

Stocks of Host Hotels & Resorts Inc. saw a sharp steep in short interest on Jul 14, 2022 dropping by -2.22 million shares to 26.24 million. Data from Yahoo Finance shows that the short interest on Jun 14, 2022 was 28.46 million shares. A decline of -8.46% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.76 of the overall float, the days-to-cover ratio (short ratio) decline to 2.76.

Which companies own the most shares of Host Hotels & Resorts Inc. (HST)?

According to The Vanguard Group, Inc. filings, the company currently owns 112,154,697 shares, which is about 15.69% of the total HST shares outstanding. The investor’s shares have plunged by -693,140 from its previous 13-F filing of 112847837.0 shares. With the completion of the sale transaction, Cohen & Steers Capital Management’s stake is now worth $832,312,930. BlackRock Fund Advisors acquire a 1.28% interest valued at $761.45 million while SSgA Funds Management, Inc. sold a -1,372,221 stake. A total of 29,442,886 shares of Host Hotels & Resorts Inc. were sold by T. Rowe Price Associates, Inc. during the quarter, and -186,054 were sold by Norges Bank Investment Management. In its current portfolio, Wellington Management Co. LLP holds 23,812,890 shares valued at $378.15 million.

In terms of Host Hotels & Resorts Inc. share price expectations, FactSet research, analysts set an average price target of $21.56 in the next 12 months, up nearly 22.22% from the previous closing price of $18.00. Analysts anticipate Host Hotels & Resorts Inc. stock to reach $25.00 by 2022, with the lowest price target being $17.00. In spite of this, 21 analysts ranked Host Hotels & Resorts Inc. stock as an Overweight at the end of 2022. On March 16, 2022, Raymond James assigned a price target of “an Outperform” to the stock and upgraded coverage with a $21.

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