Host Hotels & Resorts, Inc. (NASDAQ:HST) Receives $21.19 Consensus Target Price from Analysts

Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the thirteen research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $21.19.

Several analysts have recently issued reports on the company. Compass Point upgraded Host Hotels & Resorts from a "neutral" rating to a "buy" rating and upped their price target for the stock from $18.00 to $22.00 in a research note on Thursday, October 17th. UBS Group decreased their target price on Host Hotels & Resorts from $20.00 to $19.00 and set a "neutral" rating for the company in a research report on Friday, November 15th. StockNews.com lowered shares of Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research report on Thursday, November 14th. Wells Fargo & Company boosted their price objective on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an "overweight" rating in a research note on Monday, December 9th. Finally, Stifel Nicolaus lowered their target price on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating on the stock in a research note on Friday, November 22nd.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HST. Freedom Investment Management Inc. boosted its holdings in Host Hotels & Resorts by 3.0% during the third quarter. Freedom Investment Management Inc. now owns 21,594 shares of the company's stock valued at $380,000 after purchasing an additional 625 shares in the last quarter. D Orazio & Associates Inc. grew its position in Host Hotels & Resorts by 6.3% in the second quarter. D Orazio & Associates Inc. now owns 10,968 shares of the company's stock valued at $197,000 after acquiring an additional 648 shares during the period. Verdence Capital Advisors LLC raised its stake in Host Hotels & Resorts by 4.9% during the third quarter. Verdence Capital Advisors LLC now owns 16,803 shares of the company's stock worth $296,000 after acquiring an additional 784 shares in the last quarter. Inspire Investing LLC lifted its holdings in shares of Host Hotels & Resorts by 1.0% during the third quarter. Inspire Investing LLC now owns 81,860 shares of the company's stock valued at $1,441,000 after acquiring an additional 812 shares during the period. Finally, Mendota Financial Group LLC boosted its stake in shares of Host Hotels & Resorts by 27.1% in the 3rd quarter. Mendota Financial Group LLC now owns 3,952 shares of the company's stock valued at $70,000 after purchasing an additional 842 shares in the last quarter. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Host Hotels & Resorts Stock Up 1.5 %

HST traded up $0.25 during midday trading on Friday, hitting $17.45. 7,547,935 shares of the company's stock traded hands, compared to its average volume of 6,336,518. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. The company has a market cap of $12.20 billion, a PE ratio of 16.94 and a beta of 1.32. The stock's fifty day simple moving average is $18.04 and its 200-day simple moving average is $17.68. Host Hotels & Resorts has a one year low of $15.71 and a one year high of $21.31.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by ($0.24). The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.29 billion. Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. The firm's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.41 EPS. As a group, equities analysts anticipate that Host Hotels & Resorts will post 1.94 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date is Tuesday, December 31st. Host Hotels & Resorts's dividend payout ratio (DPR) is presently 77.67%.

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.