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.
Get Our Latest Stock Report on HST
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
(
Get Free Report)
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.
Read More
Before you consider Host Hotels & Resorts, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Host Hotels & Resorts wasn't on the list.
While Host Hotels & Resorts currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
