Brokerages Set Host Hotels & Resorts, Inc. (NASDAQ:HST) Target Price at $20.12

Host Hotels & Resorts, Inc. (NASDAQ:HST - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the fourteen analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $19.54.

HST has been the topic of several analyst reports. Compass Point downgraded shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and lowered their target price for the company from $20.00 to $18.00 in a report on Monday, March 10th. Citigroup dropped their target price on Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a research report on Monday, March 17th. Raymond James cut their target price on Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating for the company in a research note on Tuesday, February 18th. UBS Group decreased their price target on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 28th. Finally, Wells Fargo & Company cut their price objective on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating for the company in a research report on Tuesday, February 18th.

Host Hotels & Resorts Stock Performance

Shares of Host Hotels & Resorts stock traded up $0.33 during trading on Friday, reaching $15.02. The company's stock had a trading volume of 6,701,115 shares, compared to its average volume of 7,090,975. The company has a 50-day moving average price of $16.32 and a two-hundred day moving average price of $17.31. Host Hotels & Resorts has a fifty-two week low of $14.25 and a fifty-two week high of $20.98. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77. The firm has a market cap of $10.50 billion, a PE ratio of 15.17 and a beta of 1.30.

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Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.15 by $0.29. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. The business had revenue of $1.43 billion during the quarter, compared to analysts' expectations of $1.37 billion. On average, analysts forecast that Host Hotels & Resorts will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.20 per share. The ex-dividend date is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.33%. Host Hotels & Resorts's dividend payout ratio (DPR) is 80.81%.

Institutional Investors Weigh In On Host Hotels & Resorts

Large investors have recently bought and sold shares of the stock. National Pension Service acquired a new position in shares of Host Hotels & Resorts in the fourth quarter worth $26,000. Jones Financial Companies Lllp raised its stake in Host Hotels & Resorts by 202.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company's stock valued at $28,000 after purchasing an additional 1,088 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in Host Hotels & Resorts by 94.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company's stock valued at $36,000 after purchasing an additional 991 shares during the last quarter. Kestra Investment Management LLC purchased a new position in Host Hotels & Resorts in the 4th quarter valued at about $40,000. Finally, Eastern Bank acquired a new stake in shares of Host Hotels & Resorts during the 4th quarter worth about $45,000. Institutional investors and hedge funds own 98.52% of the company's stock.

About Host Hotels & Resorts

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.