In yesterday’s Wall Street session, Host Hotels & Resorts Inc (NASDAQ:HST) shares traded at $17.77, down -1.50% from the previous session.
HST stock price is now 2.13% away from the 50-day moving average and -4.59% away from the 200-day moving average. The market capitalization of the company currently stands at $12.48B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target enhanced from $18 to $22, Compass Point Upgraded its rating from Neutral to Buy for Host Hotels & Resorts Inc (NASDAQ: HST). On August 01, 2024, Compass Point Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $25 to quote $18, while ‘JP Morgan’ rates the stock as ‘Underweight’
In other news, RAKOWICH WALTER C, Director sold 3,896 shares of the company’s stock on May 16 ’24. The stock was sold for $72,636 at an average price of $18.64. Upon completion of the transaction, the Director now directly owns 64,457 shares in the company, valued at $1.15 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 21 ’24, President and CEO RISOLEO JAMES F sold 28,136 shares of the business’s stock. A total of $591,959 was realized by selling the stock at an average price of $21.04. This leaves the insider owning 2,225,577 shares of the company worth $39.55 million. A total of 1.29% of the company’s stock is owned by insiders.
During the past 12 months, Host Hotels & Resorts Inc has had a low of $14.74 and a high of $21.31. The fifty day moving average price for HST is $17.3988 and a two-hundred day moving average price translates $18.62445 for the stock.
The latest earnings results from Host Hotels & Resorts Inc (NASDAQ: HST) was released for 2024-06-30. The net profit margin was 13.70% and return on equity was 10.88% for HST. The company reported revenue of $1.47 billion for the quarter, compared to $1.39 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.24 percent.
