Host Hotels & Resorts, Inc. (NASDAQ:HST) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the fourteen analysts that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $21.21.

A number of analysts recently commented on the company. Compass Point raised Host Hotels & Resorts from a "neutral" rating to a "buy" rating and increased their price objective for the company from $18.00 to $22.00 in a research note on Thursday, October 17th. Wells Fargo & Company decreased their target price on shares of Host Hotels & Resorts from $21.00 to $19.00 and set an "overweight" rating on the stock in a research report on Friday, September 13th. Robert W. Baird cut their price target on Host Hotels & Resorts from $21.00 to $19.00 and set a "neutral" rating for the company in a report on Monday, August 5th. UBS Group lowered their price objective on Host Hotels & Resorts from $20.00 to $19.00 and set a "neutral" rating for the company in a research report on Friday. Finally, Evercore ISI reduced their target price on Host Hotels & Resorts from $23.00 to $21.00 and set an "outperform" rating on the stock in a research report on Tuesday, August 13th.

Host Hotels & Resorts Stock Down 1.1 %

Shares of Host Hotels & Resorts stock traded down $0.20 during trading hours on Friday, hitting $17.26. The company had a trading volume of 12,826,627 shares, compared to its average volume of 6,835,031. The company's 50-day moving average is $17.72 and its two-hundred day moving average is $17.71. Host Hotels & Resorts has a twelve month low of $15.71 and a twelve month high of $21.31. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 4.55. The company has a market cap of $12.07 billion, a P/E ratio of 16.76, a price-to-earnings-growth ratio of 1.61 and a beta of 1.32.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.24). The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.29 billion. Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. The company's quarterly revenue was up 8.6% on a year-over-year basis. During the same period last year, the firm earned $0.41 EPS. Analysts anticipate that Host Hotels & Resorts will post 1.96 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.20 dividend. The ex-dividend date was Monday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 4.63%. Host Hotels & Resorts's dividend payout ratio is currently 77.67%.

Institutional Investors Weigh In On Host Hotels & Resorts

Several hedge funds and other institutional investors have recently made changes to their positions in HST. BROOKFIELD Corp ON bought a new stake in Host Hotels & Resorts during the 1st quarter worth approximately $25,000. Blue Trust Inc. boosted its stake in Host Hotels & Resorts by 212.7% in the 2nd quarter. Blue Trust Inc. now owns 1,473 shares of the company's stock worth $26,000 after purchasing an additional 1,002 shares during the period. Global X Japan Co. Ltd. bought a new position in Host Hotels & Resorts during the 2nd quarter worth about $30,000. Farther Finance Advisors LLC raised its stake in shares of Host Hotels & Resorts by 44.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company's stock valued at $50,000 after purchasing an additional 867 shares during the period. Finally, 1620 Investment Advisors Inc. bought a new stake in shares of Host Hotels & Resorts in the second quarter valued at about $51,000. 98.52% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 72 properties in the United States and five properties internationally totaling approximately 42,000 rooms.