Host Hotels & Resorts (NASDAQ:HST – GetRating) had its price target upped by research analysts at Barclays from $21.00 to $23.00 in a note issued to investors on Tuesday, the fly reports. Barclays‘s target price points to a potential upside of 25.89% from the company’s current price.
A number of other equities analysts also recently weighed in on HST. The Goldman Sachs Group raised shares of Host Hotels & Resorts from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $17.00 to $18.00 in a research note on Tuesday, December 14th. Compass Point lifted their target price on shares of Host Hotels & Resorts from $22.00 to $25.00 in a research note on Friday, February 18th. Morgan Stanley lifted their target price on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 18th. Finally, Truist Financial raised their price target on shares of Host Hotels & Resorts from $16.00 to $18.00 and gave the stock a “hold” rating in a report on Friday, December 3rd. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $19.79.
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Shares of NASDAQ:HST opened at $18.27 on Tuesday. The company has a market cap of $13.05 billion, a price-to-earnings ratio of -608.80 and a beta of 1.29. The company has a debt-to-equity ratio of 0.76, a current ratio of 10.82 and a quick ratio of 12.04. The firm has a 50 day simple moving average of $17.79 and a 200 day simple moving average of $17.01. Host Hotels & Resorts has a one year low of $14.67 and a one year high of $19.75.
Host Hotels & Resorts (NASDAQ:HST – GetRating) last released its quarterly earnings results on Wednesday, February 16th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.14. The firm had revenue of $998.00 million during the quarter, compared to the consensus estimate of $898.43 million. Host Hotels & Resorts had a negative net margin of 0.38% and a negative return on equity of 0.18%. The company’s revenue for the quarter was up 273.8% on a year-over-year basis. During the same quarter last year, the firm earned ($0.02) earnings per share. As a group, analysts expect that Host Hotels & Resorts will post 1.24 EPS for the current year.
In other Host Hotels & Resorts news, CEO James F Risoleo sold 7,110 shares of Host Hotels & Resorts stock in a transaction dated Wednesday, December 22nd. The shares were sold at an average price of $17.15, for a total value of $121,936.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 1.20% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Lee Financial Co grew its stake in Host Hotels & Resorts by 10.0% during the fourth quarter. Lee Financial Co now owns 6,543 shares of the company’s stock valued at $114,000 after acquiring an additional 594 shares in the last quarter. IndexIQ Advisors LLC grew its stake in Host Hotels & Resorts by 5.2% during the third quarter. IndexIQ Advisors LLC now owns 12,115 shares of the company’s stock valued at $198,000 after acquiring an additional 602 shares in the last quarter. Mutual of America Capital Management LLC grew its stake in Host Hotels & Resorts by 0.5% during the fourth quarter. Mutual of America Capital Management LLC now owns 122,239 shares of the company’s stock valued at $2,126,000 after acquiring an additional 614 shares in the last quarter. Crossmark Global Holdings Inc. grew its stake in Host Hotels & Resorts by 1.4% during the third quarter. Crossmark Global Holdings Inc. now owns 45,831 shares of the company’s stock valued at $748,000 after acquiring an additional 640 shares in the last quarter. Finally, Private Capital Group LLC grew its stake in Host Hotels & Resorts by 19.3% during the third quarter. Private Capital Group LLC now owns 3,977 shares of the company’s stock valued at $65,000 after acquiring an additional 642 shares in the last quarter.
Host Hotels & Resorts Company Profile (GetRating)
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 Hotel Ownership segment. Its properties are located in the US, Brazil, Canada, and Mexico. The company was founded in 1927 and is headquartered in Bethesda, MD.
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