Host Hotels & Resorts, Inc. (NASDAQ:HST) Receives $19.17 Consensus Target Price from Analysts

Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Get Free Report) have been given an average rating of "Hold" by the fifteen research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $19.17.

HST has been the topic of several research analyst reports. Citigroup lowered their price target 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. Morgan Stanley raised Host Hotels & Resorts from an "underweight" rating to an "equal weight" rating and lowered their target price for the company from $16.00 to $15.00 in a report on Friday, March 21st. UBS Group cut their price target on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a report on Tuesday, January 28th. Truist Financial lowered their price objective on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a research note on Friday, March 21st. Finally, Compass Point lowered shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $20.00 to $18.00 in a research report on Monday, March 10th.

Hedge Funds Weigh In On Host Hotels & Resorts

Several institutional investors have recently bought and sold shares of HST. National Pension Service acquired a new stake in shares of Host Hotels & Resorts in the fourth quarter valued at $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 in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Host Hotels & Resorts by 94.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company's stock worth $36,000 after acquiring an additional 991 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new position in shares of Host Hotels & Resorts during the fourth quarter worth approximately $40,000. Institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Stock Performance

Shares of HST stock traded up $0.25 during trading on Tuesday, reaching $13.66. The company had a trading volume of 5,532,413 shares, compared to its average volume of 7,936,632. The firm's 50 day simple moving average is $15.05 and its two-hundred day simple moving average is $16.76. Host Hotels & Resorts has a one year low of $12.22 and a one year high of $19.87. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90. The company has a market capitalization of $9.47 billion, a PE ratio of 13.80 and a beta of 1.26.

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, beating analysts' consensus estimates 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%. Sell-side analysts forecast that Host Hotels & Resorts will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

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

Host Hotels & Resorts Company Profile

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.