Host Hotels & Resorts, Inc. (NASDAQ:HST) Receives Average Recommendation of “Hold” from Brokerages

Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Free Report) has earned an average recommendation of “Hold” from the fifteen analysts that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $19.17.

HST has been the subject of several research reports. Compass Point downgraded shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $20.00 to $18.00 in a research report on Monday, March 10th. Morgan Stanley raised Host Hotels & Resorts from an “underweight” rating to an “equal weight” rating and dropped their price target for the stock from $16.00 to $15.00 in a report on Friday, March 21st. Citigroup decreased their price objective on Host Hotels & Resorts from $21.00 to $19.00 and set a “buy” rating on the stock in a report on Monday, March 17th. Raymond James dropped their target price on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a report on Tuesday, February 18th. Finally, Jefferies Financial Group downgraded shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating and decreased their price target for the company from $20.00 to $14.00 in a research note on Wednesday, April 9th.

Read Our Latest Stock Analysis on Host Hotels & Resorts

Host Hotels & Resorts Stock Up 1.9 %

HST stock opened at $13.66 on Tuesday. The business’s 50 day simple moving average is $14.99 and its 200 day simple moving average is $16.73. Host Hotels & Resorts has a 1-year low of $12.22 and a 1-year high of $19.87. The firm has a market capitalization of $9.47 billion, a PE ratio of 13.80 and a beta of 1.26. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.29. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.37 billion. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. As a group, research analysts anticipate that Host Hotels & Resorts will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.80 annualized dividend and a dividend yield of 5.86%. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 80.81%.

Hedge Funds Weigh In On Host Hotels & Resorts

A number of institutional investors and hedge funds have recently bought and sold shares of HST. National Pension Service bought a new stake in shares of Host Hotels & Resorts during the fourth quarter worth about $26,000. Jones Financial Companies Lllp grew its holdings in Host Hotels & Resorts by 202.6% during the 4th quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock worth $28,000 after acquiring an additional 1,088 shares during the last quarter. NBC Securities Inc. increased its position in Host Hotels & Resorts by 185,200.0% in the 1st quarter. NBC Securities Inc. now owns 1,853 shares of the company’s stock valued at $26,000 after acquiring an additional 1,852 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in shares of Host Hotels & Resorts by 94.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock valued at $36,000 after acquiring an additional 991 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new position in shares of Host Hotels & Resorts during the fourth quarter valued at $40,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

About Host Hotels & Resorts

(Get Free Report

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.

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Analyst Recommendations for Host Hotels & Resorts (NASDAQ:HST)

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