Investors Purchase Large Volume of Put Options on Host Hotels and Resorts (HST)

Host Hotels and Resorts Inc (NYSE:HST) was the recipient of unusually large options trading on Thursday. Stock investors purchased 3,318 put options on the company. This is an increase of 1,233% compared to the average volume of 249 put options.

In other Host Hotels and Resorts news, EVP Elizabeth A. Abdoo sold 60,000 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $20.45, for a total value of $1,227,000.00. Following the sale, the executive vice president now directly owns 168,905 shares of the company’s stock, valued at approximately $3,454,107.25. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.70% of the stock is currently owned by company insiders.

Large investors have recently made changes to their positions in the stock. Mckinley Capital Management LLC Delaware purchased a new stake in shares of Host Hotels and Resorts during the 2nd quarter valued at about $100,000. Amica Retiree Medical Trust purchased a new stake in shares of Host Hotels and Resorts during the 3rd quarter valued at about $154,000. Penserra Capital Management LLC purchased a new stake in shares of Host Hotels and Resorts during the 3rd quarter valued at about $177,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Host Hotels and Resorts during the 2nd quarter valued at about $190,000. Finally, Newman Dignan & Sheerar Inc. purchased a new stake in shares of Host Hotels and Resorts during the 3rd quarter valued at about $194,000.

Host Hotels and Resorts (HST) opened at $20.72 on Friday. The firm has a market capitalization of $15,171.81, a PE ratio of 25.90, a PEG ratio of 2.50 and a beta of 1.29. Host Hotels and Resorts has a 52 week low of $17.26 and a 52 week high of $20.96. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.56.

Host Hotels and Resorts (NYSE:HST) last released its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share for the quarter, meeting the consensus estimate of $0.33. The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.27 billion. Host Hotels and Resorts had a return on equity of 8.44% and a net margin of 11.11%. The company’s revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.37 EPS. sell-side analysts anticipate that Host Hotels and Resorts will post 1.66 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Friday, December 29th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.80 annualized dividend and a dividend yield of 3.86%. Host Hotels and Resorts’s payout ratio is currently 100.00%.

HST has been the topic of a number of research analyst reports. Deutsche Bank raised Host Hotels and Resorts from a “hold” rating to a “buy” rating and raised their price target for the stock from $18.00 to $21.00 in a research note on Thursday, October 12th. Cantor Fitzgerald reissued a “buy” rating and issued a $21.00 price target on shares of Host Hotels and Resorts in a research note on Monday, November 6th. BTIG Research raised Host Hotels and Resorts from a “neutral” rating to a “buy” rating and set a $22.00 price target on the stock in a research note on Monday, December 4th. Zacks Investment Research raised Host Hotels and Resorts from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, Wells Fargo & Co raised Host Hotels and Resorts from a “market perform” rating to an “outperform” rating and set a $21.00 price objective on the stock in a research note on Monday, November 6th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $20.46.

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Host Hotels and Resorts Company Profile

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company operates through hotel ownership segment. The Company owned properties and conducted operations through Host Hotels & Resorts, L.P.

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