Host Hotels & Resorts (NASDAQ:HST) Downgraded to Neutral Rating by Compass Point

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) was downgraded by investment analysts at Compass Point from a "buy" rating to a "neutral" rating in a research report issued to clients and investors on Monday, Marketbeat reports. They currently have a $18.00 price objective on the stock, down from their prior price objective of $20.00. Compass Point's price target suggests a potential upside of 23.97% from the stock's previous close.

A number of other analysts also recently issued reports on HST. Raymond James lowered their price target on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating on the stock in a report on Tuesday, February 18th. StockNews.com lowered Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research note on Thursday, November 14th. Stifel Nicolaus lowered their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating on the stock in a research report on Friday, November 22nd. Wells Fargo & Company dropped their price objective on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating on the stock in a report on Tuesday, February 18th. Finally, UBS Group decreased their target price on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $20.21.

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Host Hotels & Resorts Stock Performance

Shares of Host Hotels & Resorts stock traded down $0.59 during trading on Monday, hitting $14.52. 10,892,075 shares of the company's stock were exchanged, compared to its average volume of 7,014,031. The stock has a market capitalization of $10.15 billion, a price-to-earnings ratio of 14.67 and a beta of 1.30. The business has a 50-day simple moving average of $16.63 and a 200-day simple moving average of $17.43. Host Hotels & Resorts has a 52-week low of $14.30 and a 52-week high of $21.27. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91.

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

Institutional Trading of Host Hotels & Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Freedom Investment Management Inc. grew its stake in shares of Host Hotels & Resorts by 2.9% in the fourth quarter. Freedom Investment Management Inc. now owns 22,216 shares of the company's stock valued at $389,000 after buying an additional 622 shares in the last quarter. Savant Capital LLC grew its position in Host Hotels & Resorts by 2.7% in the 4th quarter. Savant Capital LLC now owns 24,404 shares of the company's stock valued at $428,000 after acquiring an additional 634 shares in the last quarter. Evergreen Wealth Solutions LLC increased its stake in Host Hotels & Resorts by 5.3% during the fourth quarter. Evergreen Wealth Solutions LLC now owns 12,932 shares of the company's stock worth $227,000 after purchasing an additional 651 shares during the period. Ascent Group LLC lifted its position in shares of Host Hotels & Resorts by 4.4% during the fourth quarter. Ascent Group LLC now owns 16,549 shares of the company's stock worth $290,000 after purchasing an additional 703 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC boosted its stake in shares of Host Hotels & Resorts by 1.0% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company's stock valued at $1,297,000 after purchasing an additional 746 shares during the period. 98.52% of the stock is owned by institutional investors and hedge funds.

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.