Host Hotels & Resorts
Bethesda, Maryland-based Host Hotels & Resorts Inc.'s stock finished Thursday's session 0.11% higher at $18.35 with a total trading volume of 10.37 million shares. Over the last month and the previous three months, the Company's shares have advanced 1.77% and 16.44%, respectively. The stock is trading above its 50-day and 200-day moving averages by 0.05% and 10.96%, respectively. Moreover, shares of Host Hotels & Resorts, which primarily engages in the ownership and operation of hotel properties, have a Relative Strength Index (RSI) of 51.07.
On January 18th, 2017, Host Hotels & Resorts announced the promotion of Nathan S. Tyrrell to Executive Vice President, investments, and Bret D.S. McLeod to Senior Vice President, corporate strategy and investor relations. In addition, the Company announced that Sourav Ghosh, Senior Vice President, has been appointed the head of the newly formed enterprise analytics group.
On January 19th, 2017, research firm Goldman downgraded the Company's stock rating from 'Neutral' to 'Sell'. Visit us today and download your complete report on HST for free at:
Shares in Bethesda, Maryland-based DiamondRock Hospitality Co. rose 0.98%, ending yesterday's session at $11.30. A total volume of 3.23 million shares was traded, which was above their three months average volume of 2.94 million shares. The stock has gained 0.62% in the past month and 23.51% in the previous three months. The Company's shares are trading 0.33% above their 50-day moving average and 15.91% above their 200-day moving average. Moreover, shares of DiamondRock Hospitality, which owns premium hotels and resorts in North America, have an RSI of 47.23.
On January 13th, 2017, DiamondRock Hospitality announced that it will report financial results for Q4 2016 on February 22nd, 2017, before the market opens. A conference call for investors and other interested parties is scheduled for the same day at 9:00 a.m. ET. The complimentary research report on DRH can be accessed at:
Sunstone Hotel Investors
On Thursday, Aliso Viejo, California-based Sunstone Hotel Investors Inc.'s stock climbed 1.74%, to close the day at $15.16. A total volume of 2.03 million shares was traded. The Company's shares have advanced 1.47% in the last one month and 20.71% in the previous three months. The stock is trading 1.64% and 16.77% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Sunstone Hotel Investors, which engages in the acquisition, ownership, asset management, renovation, and sale of luxury, upper upscale, and upscale full-service hotels in the US, have an RSI of 54.79.
On January 11th, 2017, research firm Robert W. Baird downgraded the Company's stock rating from 'Outperform' to 'Neutral', with a target price of $15 per share.
On January 13th, 2017, Sunstone Hotel announced that it will report financial results for Q4 2016 and full year 2016 on February 21st, 2017, after the market closes. Management will hold its quarterly conference call the next day, on February 22nd, 2017, at 12:00 p.m. ET. Register for free on Stock-Callers.com and download the PDF research report on SHO at:
LaSalle Hotel Properties
Shares in Bethesda, Maryland-based LaSalle Hotel Properties ended the day 2.26% higher at $30.37. A total volume of 1.24 million shares was traded. The stock has gained 24.97% in the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 1.51% and 18.37%, respectively. Furthermore, shares of LaSalle Hotel Properties, which engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the US, have an RSI of 51.31.
On February 02nd, 2017, LaSalle Hotel Properties announced that it has sold Hotel Deca in Seattle, Washington for $55.0 million to an affiliate of AJ Capital Partners. The Company acquired the hotel in December 2005 for $26.4 million. Proceeds from the asset sale will be used for general corporate purposes. Get free access to your research report on LHO at:
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